Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Iran - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Iran (CIF) - 2022
  2. Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Iran

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

In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $1,384 per ton, dropping by -37.1% against the previous year. Over the period under review, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 15% against the previous year. The import price peaked at $5,919 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,397 per ton), while the price for Greece stood at $1,369 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+44.5%), while the prices for the other major suppliers experienced a decline.

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

Imports of oil seeds; cotton seeds, seed, whether or not broken into Iran rose significantly to 785 tons in 2022, surging by 10% on the previous year's figure. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 155%. As a result, imports attained the peak of 882 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken fell sharply to $1.1M in 2022. Over the period under review, imports posted a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 137% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey34974876560820.3%
Greece3618725154799.9%
ItalyN/A65.1287N/A340.9%
OthersN/A0.1N/AN/A0%
Total7101,6851,5661,08715.3%

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

  1. Turkey (435.0 tons)
  2. Greece (350.0 tons)

Source: IndexBox Market Intelligence Platform

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