Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $33,793 per ton, with a decrease of -28.1% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 351%. Over the period under review, average import prices attained the maximum at $46,970 per ton in 2021, and then shrank significantly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Greece ($34,839 per ton), while the price for the United States stood at $25,579 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+9.0%).
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea
In 2022, the amount of oil seeds; cotton seeds, seed, whether or not broken imported into South Korea surged to 1.2 tons, rising by 27% compared with the previous year's figure. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 52,700%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken fell to $39K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 237,880%.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | N/A | N/A | N/A | 12.5 | 0% |
| United States | N/A | 35.5 | 7.4 | 5.7 | -59.9% |
| Ethiopia | N/A | N/A | 35.4 | N/A | 0% |
| Others | N/A | 0.2 | 0.1 | 21.1 | 927.1% |
| Total | N/A | 35.7 | 42.8 | 39.3 | 4.9% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to South Korea in 2022:
- Greece (360.0 kg)
- United States (221.0 kg)
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