Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Ireland - 2023

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Ireland (CIF) - 2022
  2. Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Ireland

Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Ireland (CIF) - 2022

The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $6,099 per ton in 2022, surging by 76% against the previous year. Over the period under review, the import price, however, saw a perceptible reduction. The import price peaked at $8,416 per ton in 2012; however, from 2013 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 India ($6,642 per ton), while the price for the UK ($2,882 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Ireland

In 2022, approx. 151 kg of oil seeds; cotton seeds, other than seed, whether or not broken were imported into Ireland; with an increase of 140% against the previous year. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 4,453% against the previous year. As a result, imports attained the peak of 2 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 surged to $921 in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,486% against the previous year. As a result, imports reached the peak of $9.7K. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A0.80%
United StatesN/AN/AN/A0.10%
United Kingdom0.39.70.2N/A-18.4%
OthersN/AN/AN/AN/A0%
Total0.39.70.20.944.2%

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

  1. India (120.0 kg)
  2. United Kingdom (17.0 kg)
  3. United States (12.0 kg)

Source: IndexBox Market Intelligence Platform

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