Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey - 2024
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (FOB) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (CIF) - 2022
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, seed, whether or not broken amounted to $2,327 per ton, dropping by -7.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 an increase of 39%. As a result, the export price reached the peak level of $2,713 per ton. From 2014 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 Cote d'Ivoire ($2,700 per ton), while the average price for exports to Iran ($1,397 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 Cote d'Ivoire (+26.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $2,497 per ton, growing by 31% against the previous year. Over the period under review, the import price, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2019 when the average import price increased by 72%. The import price peaked at $7,237 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Spain ($3,867 per ton), while the price for Greece amounted to $2,249 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.5%).
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey
Exports of oil seeds; cotton seeds, seed, whether or not broken from Turkey skyrocketed to 4.8K tons in 2022, increasing by 34% on the previous year's figure. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken skyrocketed to $11M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 5.3 | 6.6 | 6.3 | 7.7 | 13.3% |
| Cote d'Ivoire | N/A | N/A | N/A | 0.8 | 0% |
| Iran | 0.5 | 0.7 | 0.8 | 0.6 | 6.3% |
| Syrian Arab Republic | 0.8 | 0.3 | 0.3 | 0.6 | -9.1% |
| Tajikistan | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| Greece | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
| Kazakhstan | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Others | 0.3 | 0.3 | 1.1 | 0.2 | -12.6% |
| Total | 7.4 | 8.3 | 9.0 | 11.3 | 15.2% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Turkey in 2022:
- Azerbaijan (2975.9 tons)
- Syrian Arab Republic (438.3 tons)
- Iran (435.0 tons)
- Cote d'Ivoire (300.0 tons)
- Greece (269.6 tons)
- Tajikistan (216.3 tons)
- Kazakhstan (138.2 tons)
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey
In 2022, overseas purchases of oil seeds; cotton seeds, seed, whether or not broken decreased by -77.4% to 27 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of 122 tons, and then contracted significantly in the following year.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken fell remarkably to $68K in 2022. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 190 | 204 | 66.3 | 53.1 | -34.6% |
| Spain | N/A | 5.7 | 95.1 | 14.5 | 59.5% |
| Syrian Arab Republic | N/A | N/A | 69.8 | N/A | 0% |
| Turkmenistan | N/A | 11.3 | N/A | N/A | 0% |
| Others | 3.5 | 2.6 | 1.2 | 0.9 | -36.4% |
| Total | 194 | 224 | 232 | 68.4 | -29.4% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Turkey in 2022:
- Greece (23.6 tons)
- Spain (3.7 tons)
552
This report provides an in-depth analysis of the karite (shea) nuts market in Turkey.
620
This report provides an in-depth analysis of the cottonseed market in Turkey.
492
This report provides an in-depth analysis of the melon seed market in Turkey.
754
This report provides an in-depth analysis of the mustard seed market in Turkey.
1381
This report provides an in-depth analysis of the poppy seed market in Turkey.
550
This report provides an in-depth analysis of the safflower seed market in Turkey.
2094
This report provides an in-depth analysis of the sesame seed market in Turkey.
559
This report provides an in-depth analysis of the oil crops market in Turkey.
1578
This report provides an in-depth analysis of the global karite (shea) nuts market.
1558
This report provides an in-depth analysis of the global cottonseed market.
55
From 2019 to 2023, Poppy Seed exports experienced a slight decrease, with a rapid reduction in value to $49M in 2023.
298
In March 2023, the price of Poppy Seed was $3,754 per ton (FOB, Turkey), showing a decrease of -2.2% compared to the previous month.
397
The price of Sesame Seed in March 2023 reached $1,920 per ton (CIF, Turkey), marking a 2.6% increase compared to the previous month.
1540
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2163
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
867
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
1299
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1489
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1368
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton
2770
Global melon seed consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
