Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola - 2022

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Angola (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A1.50%
IndiaN/A0.40.10.841.4%
Portugal17.10.10.20.6-67.3%
LebanonN/AN/A0.1N/A0%
OthersN/AN/A0.2N/A0%
Total17.10.40.53.0-44.0%

Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Angola in 2022:

  1. India (3.6 tons)
  2. Democratic Republic of the Congo (1.7 tons)
  3. Portugal (0.1 tons)

Source: IndexBox Market Intelligence Platform

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