Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia (FOB) - 2022
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $5,722 per ton in 2022, surging by 179% against the previous year. In general, the export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 3,183%. As a result, the export price reached the peak level of $12,091 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to +25.9% per year.
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia
In 2022, overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -77.8% to 281 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,485%. As a result, the exports reached the peak of 1.3 tons, and then dropped dramatically in the following year.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken shrank significantly to $1.6K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 347% against the previous year.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Russia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 133 | 595 | 1,828 | 1,608 | 129.5% |
| Armenia | N/A | N/A | 771 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 133 | 595 | 2,599 | 1,608 | 129.5% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Russia in 2022:
- Kazakhstan (281.0 kg)
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