Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $470 per ton in December 2022, shrinking by -16.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 32% m-o-m. As a result, import price attained the peak level of $560 per ton, and then shrank sharply in the following month.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From December 2021 to December 2022, the rate of growth in terms of prices for the United States amounted to +3.6% per month.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco
Imports of oil seeds; cotton seeds, other than seed, whether or not broken into Morocco plummeted to 8.2K tons in 2022, reducing by -33.6% compared with the year before. Over the period under review, imports faced a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of 12K tons, and then declined significantly in the following year.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken declined sharply to $3.6M in 2022. In general, imports recorded a mild decline. The growth pace was the most rapid in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of $4.7M, and then reduced notably in the following year.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 2.0 | 1.4 | 2.5 | 1.7 | -5.3% |
| Argentina | 0.9 | 0.9 | 1.5 | 1.4 | 15.9% |
| United States | 0.8 | 0.4 | 0.6 | 0.5 | -14.5% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.7 | 2.8 | 4.7 | 3.6 | -0.9% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Morocco in 2022:
- Greece (4.5K tons)
- Argentina (2.8K tons)
- United States (0.9K tons)
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