Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $7,410 per ton, growing by 3.6% against the previous year. Overall, the import price, however, showed a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 67% against the previous year. Over the period under review, average import prices reached the peak figure at $11,008 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($8,291 per ton), while the price for the United States ($933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.8%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (FOB) - 2022
The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $4,000 per ton in 2022, dropping by -14.9% against the previous year. In general, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices hit record highs at $8,705 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +18.6% per year.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore
In 2022, imports of oil seeds; cotton seeds, seed, whether or not broken into Singapore rose slightly to 3.3 tons, surging by 4.3% on 2021. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,076%. As a result, imports attained the peak of 7.1 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken rose significantly to $24K in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 3,524%. As a result, imports reached the peak of $58K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | 42.2 | 21.2 | 23.6 | -25.2% |
| Netherlands | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Malaysia | 1.4 | 9.0 | 0.9 | 0.1 | -58.5% |
| Bangladesh | N/A | 4.9 | N/A | N/A | 0% |
| Others | N/A | 1.3 | 0.1 | N/A | -92.3% |
| Total | 1.6 | 57.6 | 22.5 | 24.3 | 147.6% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Singapore in 2022:
- Australia (2848.0 kg)
- Netherlands (180.0 kg)
- China (100.0 kg)
- United States (90.0 kg)
- Malaysia (30.0 kg)
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore
Exports of oil seeds; cotton seeds, seed, whether or not broken from Singapore dropped markedly to 30 kg in 2022, waning by -72.7% against the previous year's figure. In general, exports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 4.8%.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken fell rapidly to $120 in 2022. Over the period under review, exports continue to indicate a sharp contraction. The smallest decline of -43.4% was in 2021.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 18.3 | 0.9 | 0.5 | 0.1 | -82.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.3 | 0.9 | 0.5 | 0.1 | -82.4% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Singapore in 2022:
- Indonesia (30.0 kg)
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