Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $362 per ton in 2022, surging by 4.8% against the previous year. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $448 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Argentina ($374 per ton), while the price for Benin ($149 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.5%), 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 Oman (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $384 per ton, dropping by -42% against the previous year. Overall, the export price continues to indicate a dramatic slump. The pace of growth was the most pronounced in 2015 an increase of 39%. Over the period under review, the average export prices hit record highs at $5,609 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -23.5% per year.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman
For the fourth year in a row, Oman recorded growth in purchases abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which increased by 40% to 9K tons in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 74%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken surged to $3.2M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 128%. 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 Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 67.9 | 532 | 1,341 | 2,309 | 224.0% |
| United States | 287 | 63.3 | 263 | 487 | 19.3% |
| United Arab Emirates | 159 | 88.9 | 467 | 206 | 9.0% |
| Argentina | 45.5 | 108 | 85.0 | 163 | 53.0% |
| Benin | N/A | N/A | 21.0 | 73.2 | 248.6% |
| China | N/A | 89.0 | N/A | N/A | 0% |
| Singapore | N/A | 88.7 | N/A | N/A | 0% |
| Others | 0.1 | 0.4 | 31.7 | 0.4 | 58.7% |
| Total | 560 | 970 | 2,208 | 3,239 | 79.5% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Oman in 2022:
- Greece (6.2K tons)
- United States (1.3K tons)
- United Arab Emirates (0.6K tons)
- Benin (0.5K tons)
- Argentina (0.4K tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman
Exports of oil seeds; cotton seeds, other than seed, whether or not broken from Oman soared to 4.6 tons in 2022, picking up by 800% compared with the previous year. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken surged to $1.8K in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Oman (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 729 | 564 | 338 | 1,763 | 34.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 729 | 564 | 338 | 1,763 | 34.2% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Oman in 2022:
- United Arab Emirates (4.6 tons)
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