Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $8,247 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2017 an increase of 56%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($9,500 per ton), while the price for Azerbaijan totaled $8,213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (+16.5%).
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq
For the third consecutive year, Iraq recorded decline in purchases abroad of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by -19.8% to 77 kg in 2022. Overall, imports faced a sharp contraction.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken reduced notably to $635 in 2022. In general, imports saw a precipitous setback. The smallest decline of -19.5% was in 2021.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | 7.2 | 1.0 | 0.8 | 0.6 | -56.3% |
| Turkey | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.2 | 1.0 | 0.8 | 0.6 | -56.3% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Iraq in 2022:
- Azerbaijan (75.0 kg)
- Turkey (2.0 kg)
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