Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $7,139 per ton in 2022, increasing by 52% against the previous year. Over the period under review, the import price posted a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 112% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($17,628 per ton), while the price for Spain ($5,867 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $3,750 per ton in 2022, with a decrease of -15.6% against the previous year. Overall, the export price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 5.3%. Over the period under review, the average export prices attained the peak figure at $4,444 per ton in 2021, and then fell sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($11,000 per ton), while the average price for exports to Bosnia and Herzegovina ($1,000 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+59.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary
For the third consecutive year, Hungary recorded growth in supplies from abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which increased by 234% to 6.5 tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 1,946%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $46K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 4,240%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Spain | N/A | 5.8 | 33.2 | 472.4% | |
| France | N/A | 1.3 | 6.7 | 415.4% | |
| Italy | N/A | 0.9 | 5.2 | 477.8% | |
| Germany | 0.2 | 1.1 | 1.1 | 134.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.2 | 9.1 | 46.3 | 1421.5% | |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Hungary in 2022:
- Spain (5.7 tons)
- Italy (0.4 tons)
- France (0.4 tons)
- Germany (0.1 tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary
Exports of oil seeds; cotton seeds, other than seed, whether or not broken from Hungary contracted to 8 kg in 2022, dropping by -11.1% against the year before. Over the period under review, exports recorded a deep reduction.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken contracted markedly to $30 in 2022. Overall, exports saw a significant curtailment.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hungary (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Italy | 38.0 | 17.0 | -55.3% | ||
| Slovakia | N/A | 11.0 | 0% | ||
| Romania | 1.0 | 1.0 | 0.0% | ||
| Bosnia and Herzegovina | N/A | 1.0 | 0% | ||
| Netherlands | 1.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 40.0 | 30.0 | -25.0% | ||
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Hungary in 2022:
- Italy (5.0 kg)
- Romania (1.0 kg)
- Slovakia (1.0 kg)
- Bosnia and Herzegovina (1.0 kg)
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