Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $6,056 per ton, surging by 17% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; cotton seeds, other than seed, whether or not broken increased by +22.2% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 56% against the previous year. The import price peaked at $7,250 per ton in 2015; however, from 2016 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 Brazil ($7,534 per ton), while the price for the United States amounted to $4,489 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+56.0%).
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia
In 2022, purchases abroad of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -35% to 1.8 tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 21 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken dropped sharply to $11K in 2022. Overall, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports reached the peak of $109K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Colombia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | N/A | N/A | 7.1 | 0% |
United States | 93.8 | 109 | 14.6 | 4.0 | -65.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 93.8 | 109 | 14.6 | 11.1 | -50.9% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Colombia in 2022:
- Brazil (946.0 kg)
- United States (892.0 kg)
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