Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK - 2023

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK (CIF) - 2022
  2. Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK (FOB) - 2022
  3. Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK
  4. Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK

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

The average import price for oil seeds; cotton seeds, seed, whether or not broken stood at $817 per ton in 2022, with a decrease of -46% against the previous year. Over the period under review, the import price showed a precipitous shrinkage. The pace of growth was the most pronounced in 2020 an increase of 84% against the previous year. The import price peaked at $12,574 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 India ($1,549 per ton), while the price for Poland totaled $5.9 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+36.5%), while the prices for the other major suppliers experienced a decline.

Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK (FOB) - 2022

The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $1,474 per ton in 2022, with a decrease of -42.1% against the previous year. Over the period under review, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 61% against the previous year. Over the period under review, the average export prices hit record highs at $5,772 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +136.3% per year.

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

In 2022, approx. 108 tons of oil seeds; cotton seeds, seed, whether or not broken were imported into the UK; with an increase of 186% on 2021 figures. Over the period under review, imports continue to indicate a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken soared to $88K in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 57%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.224.919.887.579.2%
PolandN/AN/A0.30.30.0%
DjiboutiN/AN/A33.8N/A0%
Myanmar29.2N/AN/AN/A0%
Netherlands3.05.71.3N/A-34.2%
OthersN/A5.51.6N/A-70.9%
Total47.436.256.887.822.8%

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

  1. India (56.5 tons)
  2. Poland (51.1 tons)

Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK

Exports of oil seeds; cotton seeds, seed, whether or not broken from the UK expanded sharply to 1.6 tons in 2022, increasing by 5.1% on the previous year. In general, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 158% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken contracted sharply to $2.3K in 2022. Overall, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 96%. As a result, the exports attained the peak of $3.8K, and then dropped significantly in the following year.

Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A2.30%
ThailandN/AN/A0.5N/A0%
Ireland1.50.71.7N/A6.5%
France0.30.20.9N/A73.2%
Others1.21.10.7N/A-23.6%
Total3.01.93.82.3-8.5%

Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from the UK in 2022:

  1. Czech Republic (1.6 tons)

Source: IndexBox Market Intelligence Platform

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