Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $244 per ton in 2022, surging by 38% against the previous year. Over the period under review, the import price, however, showed a sharp descent. The pace of growth was the most pronounced in 2016 an increase of 4,169% against the previous year. Over the period under review, average import prices reached the peak figure at $65,000 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Benin ($274 per ton), while the price for Azerbaijan stood at $234 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+22.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $332 per ton in 2022, growing by 74% against the previous year. Over the period under review, the export price, however, saw a precipitous decrease. The export price peaked at $4,348 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
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 Greece ($845 per ton), while the average price for exports to Sweden ($64 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+391.3%), 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 Turkey
In 2022, after three years of growth, there was significant decline in purchases abroad of oil seeds; cotton seeds, other than seed, whether or not broken, when their volume decreased by -5.6% to 36K tons. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 27,533%.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken surged to $8.7M in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 39,708% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | 2.6 | 3.9 | 6.2 | 54.4% |
| Benin | N/A | 0.4 | 2.3 | 2.4 | 144.9% |
| Togo | N/A | 0.5 | 0.4 | N/A | -20.0% |
| Others | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Total | N/A | 3.5 | 6.7 | 8.7 | 57.7% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Turkey in 2022:
- Azerbaijan (26.7K tons)
- Benin (8.9K tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey
Exports of oil seeds; cotton seeds, other than seed, whether or not broken from Turkey skyrocketed to 1.4K tons in 2022, rising by 181% compared with the year before. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken surged to $462K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | 17.3 | 312 | 1703.5% |
| Burkina Faso | N/A | N/A | N/A | 94.7 | 0% |
| Sweden | N/A | N/A | N/A | 19.5 | 0% |
| Netherlands | N/A | N/A | N/A | 11.0 | 0% |
| Georgia | N/A | N/A | N/A | 9.4 | 0% |
| Cote d'Ivoire | N/A | N/A | 58.2 | N/A | 0% |
| Lebanon | 8.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 19.1 | 15.0 | -21.5% |
| Total | 8.9 | N/A | 94.6 | 462 | 273.0% |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Turkey in 2022:
- Burkina Faso (667.6 tons)
- Greece (369.4 tons)
- Sweden (304.0 tons)
- Netherlands (25.9 tons)
- Georgia (22.3 tons)
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