Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $812 per ton, increasing by 91% against the previous year. Overall, the import price continues to indicate a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +9.2% per year.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $13,571 per ton, with an increase of 384% against the previous year. Overall, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($17,800 per ton), while the average price for exports to the UK amounted to $11,222 per ton.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+292.2%), 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 Portugal
In 2022, after three years of growth, there was significant decline in overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken, when their volume decreased by -74% to 187 tons. In general, imports continue to indicate a precipitous descent. The most prominent rate of growth was recorded in 2021 when imports increased by 10%. As a result, imports attained the peak of 718 tons, and then shrank markedly in the following year.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken reduced markedly to $152K in 2022. Over the period under review, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $305K, and then shrank significantly in the following year.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 180 | 195 | 301 | 149 | -6.1% |
| Others | N/A | N/A | 4.1 | 2.1 | -48.8% |
| Total | 180 | 195 | 305 | 152 | -5.5% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Portugal in 2022:
- Spain (186.2 tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal
In 2022, the amount of oil seeds; cotton seeds, other than seed, whether or not broken exported from Portugal contracted significantly to 14 kg, waning by -96.7% compared with 2021. In general, exports showed a precipitous contraction. The growth pace was the most rapid in 2021 with an increase of 755% against the previous year.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken declined rapidly to $190 in 2022. Over the period under review, exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 626% against the previous year.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 1.0 | 0.1 | -90.0% |
| Switzerland | N/A | N/A | N/A | 0.1 | 0% |
| Angola | 19.4 | 0.1 | 0.1 | N/A | -92.8% |
| Others | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Total | 19.9 | 0.2 | 1.2 | 0.2 | -78.4% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Portugal in 2022:
- United Kingdom (9.0 kg)
- Switzerland (5.0 kg)
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