Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (CIF) - 2022
  2. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (FOB) - 2022
  3. Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates
  4. Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (CIF) - 2022

The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $422 per ton in 2022, with an increase of 16% against the previous year. In general, import price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; cotton seeds, other than seed, whether or not broken increased by +101.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 73% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ethiopia ($1,212 per ton), while the price for Argentina ($104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $362 per ton, with a decrease of -29.3% against the previous year. Overall, the export price saw a deep reduction. The pace of growth was the most pronounced in 2016 when the average export price increased by 71% against the previous year. The export price peaked at $1,734 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 Comoros ($1,429 per ton), while the average price for exports to Tanzania ($306 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 Comoros (+32.3%), while the prices for the other major destinations experienced a decline.

Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates

In 2022, the amount of oil seeds; cotton seeds, other than seed, whether or not broken imported into the United Arab Emirates surged to 18K tons, with an increase of 122% on the year before. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken soared to $7.6M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece2.02.61.34.733.0%
United States0.10.11.02.1175.9%
Ethiopia0.20.30.40.644.2%
Brazil0.10.20.10.10.0%
Others0.10.20.10.10.0%
Total2.53.42.97.644.9%

Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to the United Arab Emirates in 2022:

  1. Greece (10.7K tons)
  2. United States (5.4K tons)
  3. Brazil (1.2K tons)
  4. Ethiopia (0.5K tons)

Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates

In 2022, the amount of oil seeds; cotton seeds, other than seed, whether or not broken exported from the United Arab Emirates declined markedly to 583 tons, which is down by -61.8% compared with 2021 figures. In general, exports, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 938% against the previous year. As a result, the exports attained the peak of 1.5K tons, and then contracted sharply in the following year.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken contracted significantly to $211K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 674% against the previous year. As a result, the exports attained the peak of $781K, and then reduced remarkably in the following year.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman27374.8736207-8.8%
Yemen35.912.610.61.5-65.3%
Comoros12.71.67.60.5-66.0%
Tanzania2.41.410.6N/A110.2%
Others69.510.616.51.3-73.5%
Total393101781211-18.7%

Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from the United Arab Emirates in 2022:

  1. Oman (579.1 tons)
  2. Yemen (2.5 tons)
  3. Comoros (0.3 tons)
  4. Tanzania (0.1 tons)

Source: IndexBox Market Intelligence Platform

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