Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia (CIF) - 2023
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia (CIF) - 2023
In January 2023, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $447 per ton, surging by 3.1% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 4.9% month-to-month. Over the period under review, average import prices attained the peak figure at $457 per ton in June 2022; however, from July 2022 to January 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Greece.
From January 2022 to January 2023, the rate of growth in terms of prices for Greece amounted to +0.8% per month.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia
For the third consecutive year, Serbia recorded growth in supplies from abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which increased by 40% to 2.7K tons in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 2,617%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $1.1M in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,886%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Belgium | N/A | N/A | 1,147 | 0% | |
| Greece | 19.6 | N/A | N/A | 0% | |
| Pakistan | N/A | 0.2 | N/A | 0% | |
| Others | N/A | 779 | N/A | 0% | |
| Total | 19.6 | 780 | 1,147 | 665.0% | |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Serbia in 2022:
- Belgium (2.7K tons)
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