Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hong Kong SAR - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hong Kong SAR (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hong Kong SAR
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hong Kong SAR (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $4,000 per ton in 2022, increasing by 34% against the previous year. Over the period under review, the import price showed a pronounced expansion. The growth pace was the most rapid in 2014 when the average import price increased by 78% against the previous year. The import price peaked at $5,002 per ton in 2015; however, from 2016 to 2022, import prices remained at a 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 South Africa ($10,462 per ton), while the price for the United States ($3,128 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+24.0%), 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 Hong Kong SAR
In 2022, imports of oil seeds; cotton seeds, other than seed, whether or not broken into Hong Kong SAR dropped markedly to 361 kg, with a decrease of -66.4% on the year before. Overall, imports faced a precipitous slump. The smallest decline of -49.1% was in 2020.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken contracted remarkably to $1.4K in 2022. Over the period under review, imports continue to indicate a sharp decline. The smallest decline of -39.5% was in 2020.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.7 | 7.3 | 2.0 | 1.0 | -53.1% |
| Australia | 1.7 | 1.4 | 0.4 | 0.2 | -51.0% |
| South Africa | N/A | N/A | N/A | 0.1 | 0% |
| Italy | 2.8 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.6 | 0.8 | 0.1 | -55.0% |
| Total | 15.3 | 9.3 | 3.2 | 1.4 | -54.9% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Hong Kong SAR in 2022:
- United States (320.0 kg)
- Australia (22.0 kg)
- South Africa (13.0 kg)
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