Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru (FOB) - 2022
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $2,308 per ton, waning by -3.1% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices hit record highs at $6,667 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($4,316 per ton), while the average price for exports to Canada ($2,266 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 the United States (+32.8%), while the prices for the other major destinations experienced a decline.
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru
For the fourth year in a row, Peru recorded growth in shipments abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which increased by 2.4% to 29 tons in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 395% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken dropped slightly to $68K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. As a result, the exports attained the peak of $69K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Peru (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | N/A | 63.6 | N/A | 61.1 | -2.0% |
| Canada | N/A | 3.7 | 57.3 | 4.3 | 7.8% |
| Bahrain | 2.3 | 1.1 | 11.0 | 2.4 | 1.4% |
| United Arab Emirates | 34.5 | 0.5 | N/A | N/A | -98.6% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 36.8 | 69.0 | 68.4 | 67.8 | 22.6% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Peru in 2022:
- Qatar (26.9 tons)
- Canada (1.9 tons)
- Bahrain (0.6 tons)
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