Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $1,047 per ton in 2022, falling by -20.6% against the previous year. Over the period under review, the import price recorded a sharp decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 13% against the previous year. Over the period under review, average import prices attained the maximum at $31,785 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the Netherlands.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -18.6% per year.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $56,422 per ton, increasing by 17,028% against the previous year. In general, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($25,667 per ton), while the average price for exports to South Korea ($1,314 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (-3.4%), while the prices for the other major destinations experienced a decline.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium
In 2022, the amount of oil seeds; cotton seeds, other than seed, whether or not broken imported into Belgium surged to 68 tons, picking up by 6,096% compared with the previous year. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 7,173% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $71K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | N/A | N/A | N/A | 70.8 | 0% |
Togo | N/A | 9.7 | N/A | N/A | 0% |
Others | 0.2 | N/A | 1.4 | N/A | 164.6% |
Total | 0.2 | 9.7 | 1.4 | 70.8 | 607.4% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Belgium in 2022:
- Netherlands (67.6 tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium
In 2022, overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -99.9% to 45 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 163% against the previous year. As a result, the exports attained the peak of 371 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken shrank significantly to $2.5K in 2022. Overall, exports continue to indicate a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 74%. As a result, the exports attained the peak of $248K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | N/A | N/A | N/A | 0.2 | 0% |
South Korea | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
Switzerland | N/A | N/A | N/A | N/A | 0% |
Italy | 142 | 238 | 25.2 | N/A | -57.9% |
Others | 0.8 | 10.3 | 0.4 | 2.3 | 42.2% |
Total | 143 | 248 | 25.7 | 2.5 | -74.0% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Belgium in 2022:
- South Korea (35.0 kg)
- China (6.0 kg)
- Switzerland (4.0 kg)
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