Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States - 2023
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (CIF) - 2022
The average import price for oil seeds; cotton seeds, seed, whether or not broken stood at $1,637 per ton in 2022, reducing by -36.5% against the previous year. In general, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 110% against the previous year. Over the period under review, average import prices attained the maximum at $4,214 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Israel ($14,045 per ton), while the price for Mexico ($463 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (FOB) - 2022
The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $1,077 per ton in 2022, jumping by 22% against the previous year. In general, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 121% against the previous year. As a result, the export price attained the peak level of $1,782 per ton. From 2021 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($4,705 per ton), while the average price for exports to South Korea ($304 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 Mexico (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States
In 2022, the amount of oil seeds; cotton seeds, seed, whether or not broken imported into the United States soared to 3.7K tons, growing by 184% on the previous year's figure. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 349% against the previous year. As a result, imports reached the peak of 4.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken skyrocketed to $6M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 3.7 | 4.3 | 2.6 | 3.8 | 0.9% |
| Mexico | 0.2 | 1.3 | 0.4 | 1.4 | 91.3% |
| Turkey | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Others | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Total | 4.2 | 5.8 | 3.3 | 6.0 | 12.6% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to the United States in 2022:
- Mexico (3093.5 tons)
- Israel (273.6 tons)
- Turkey (250.0 tons)
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States
In 2022, approx. 5.1K tons of oil seeds; cotton seeds, seed, whether or not broken were exported from the United States; waning by -8.6% on 2021. Over the period under review, exports continue to indicate a significant curtailment.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken stood at $5.5M in 2022. In general, exports showed a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of $15M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 8.5 | 13.5 | 2.1 | 2.7 | -31.8% |
| Canada | 1.7 | 1.5 | 1.6 | 1.3 | -8.6% |
| Venezuela | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Colombia | 0.9 | N/A | 0.3 | 0.4 | -23.7% |
| Qatar | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Morocco | N/A | 0.3 | N/A | 0.1 | -42.3% |
| South Korea | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Saudi Arabia | 1.9 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.1 | 0.6 | N/A | 73.2% |
| Total | 13.4 | 15.4 | 4.9 | 5.5 | -25.7% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from the United States in 2022:
- Canada (2754.9 tons)
- Qatar (747.6 tons)
- Mexico (577.4 tons)
- South Korea (437.0 tons)
- Morocco (298.3 tons)
- Colombia (156.4 tons)
- Venezuela (112.5 tons)
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