Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $238 per ton, falling by -26.8% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 48%. The import price peaked at $489 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($913 per ton), while the price for Azerbaijan amounted to $102 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (-4.8%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $2,259 per ton, increasing by 26% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oil seeds; cotton seeds, other than seed, whether or not broken increased by +131.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 105% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($2,784 per ton), while the average price for exports to Kuwait stood at $1,356 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran
In 2022, after two years of decline, there was significant growth in overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken, when their volume increased by 9.2% to 49 tons. Overall, imports, however, recorded a significant decrease.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken dropped rapidly to $12K in 2022. In general, imports, however, recorded a sharp shrinkage.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.5 | 17.8 | 9.0 | 7.6 | 19.1% |
| Azerbaijan | 75.2 | 127 | 5.7 | 4.2 | -61.8% |
| Afghanistan | 220 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 299 | 144 | 14.7 | 11.8 | -66.0% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Iran in 2022:
- Azerbaijan (41.1 tons)
- Turkey (8.3 tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran
For the third year in a row, Iran recorded decline in overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by -60% to 1.2 tons in 2022. In general, exports faced a dramatic contraction. The smallest decline of -37.3% was in 2021.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken shrank sharply to $2.7K in 2022. Overall, exports saw a precipitous shrinkage. The smallest decline of -30.5% was in 2020.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 2.6 | 3.0 | 2.5 | 2.1 | -6.9% |
| Kuwait | 3.1 | 6.4 | 2.6 | 0.6 | -42.2% |
| United Arab Emirates | 7.9 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | 13.6 | 9.4 | 5.3 | 2.7 | -41.7% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Iran in 2022:
- Bahrain (750.0 kg)
- Kuwait (436.0 kg)
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