Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece - 2023

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (CIF) - 2022
  2. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (FOB) - 2022
  3. Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece
  4. Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece

Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (CIF) - 2022

In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $2,784 per ton, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 31%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($14,885 per ton), while the price for Turkey ($2,086 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (FOB) - 2022

The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $941 per ton in 2022, picking up by 16% against the previous year. Over the period under review, the export price recorded a resilient expansion. The pace of growth was the most pronounced in 2015 an increase of 472% against the previous year. Over the period under review, the average export prices hit record highs at $3,413 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($2,836 per ton), while the average price for exports to South Korea ($414 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 Oman (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece

In 2022, imports of oil seeds; cotton seeds, seed, whether or not broken into Greece soared to 2.1K tons, jumping by 73% compared with 2021 figures. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% 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 +75.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken surged to $6M in 2022. Over the period under review, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain2.72.02.33.03.6%
FranceN/AN/AN/A1.60%
Israel0.40.20.60.931.0%
Turkey0.10.2N/A0.571.0%
Others0.3N/AN/AN/A0%
Total3.52.53.06.019.7%

Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Greece in 2022:

  1. Spain (1324.1 tons)
  2. France (528.0 tons)
  3. Turkey (229.8 tons)
  4. Israel (59.1 tons)

Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece

In 2022, overseas shipments of oil seeds; cotton seeds, seed, whether or not broken were finally on the rise to reach 1.1K tons after two years of decline. Over the period under review, exports, however, continue to indicate a significant decrease.

In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken skyrocketed to $1M in 2022. In general, exports, however, faced a abrupt slump.

Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran23434822247927.0%
South KoreaN/AN/AN/A2940%
Spain45.964.877.368.214.1%
Turkey22517759.449.2-39.8%
Italy862227167N/A-56.0%
FinlandN/AN/A15.2N/A0%
Others77.935410715024.4%
Total1,4451,1716481,040-10.4%

Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Greece in 2022:

  1. South Korea (711.1 tons)
  2. Iran (350.0 tons)
  3. Spain (24.1 tons)
  4. Turkey (9.7 tons)

Source: IndexBox Market Intelligence Platform

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