Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $551 per ton, approximately mirroring the previous year. Over the period under review, the import price recorded a slight decline. The pace of growth was the most pronounced in 2017 an increase of 201%. The import price peaked at $9,200 per ton in 2018; however, from 2019 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 Portugal ($5,317 per ton), while the price for India ($233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+90.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola
In 2022, overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken were finally on the rise to reach 5.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken soared to $3K in 2022. Over the period under review, imports, however, showed a dramatic curtailment.
Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | N/A | N/A | 1.5 | 0% |
India | N/A | 0.4 | 0.1 | 0.8 | 41.4% |
Portugal | 17.1 | 0.1 | 0.2 | 0.6 | -67.3% |
Lebanon | N/A | N/A | 0.1 | N/A | 0% |
Others | N/A | N/A | 0.2 | N/A | 0% |
Total | 17.1 | 0.4 | 0.5 | 3.0 | -44.0% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Angola in 2022:
- India (3.6 tons)
- Democratic Republic of the Congo (1.7 tons)
- Portugal (0.1 tons)
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