Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $680 per ton, waning by -3.3% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when the average import price increased by 56%. The import price peaked at $3,692 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,923 per ton), while the price for France totaled $636 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (-3.8%), while the prices for the other major suppliers experienced a decline.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland
Imports of oil seeds; cotton seeds, other than seed, whether or not broken into Switzerland soared to 64 tons in 2022, jumping by 42% against the previous year's figure. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken skyrocketed to $44K in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 44%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.9 | 5.5 | 7.1 | 40.2 | 39.2% |
| Italy | 2.1 | 0.6 | 0.8 | 3.2 | 15.1% |
| Uganda | N/A | N/A | 22.9 | N/A | 0% |
| Ethiopia | N/A | 12.5 | N/A | N/A | 0% |
| Others | N/A | 6.0 | 0.9 | 0.3 | -77.6% |
| Total | 17.0 | 24.6 | 31.8 | 43.8 | 37.1% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Switzerland in 2022:
- France (63.2 tons)
- Italy (1.1 tons)
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