Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama (CIF) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $1,287 per ton in 2022, surging by 53% against the previous year. In general, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 881% against the previous year. Over the period under review, average import prices attained the peak figure at $6,486 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +288.4% per year.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama
In 2022, after three years of growth, there was significant decline in overseas purchases of oil seeds; cotton seeds, other than seed, whether or not broken, when their volume decreased by -63.1% to 20 tons. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 288% against the previous year.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken shrank notably to $26K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 697%. As a result, imports reached the peak of $46K, and then plummeted in the following year.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | N/A | 0.5 | 26.2 | 64.4% |
| France | N/A | 4.9 | 45.9 | N/A | 836.7% |
| South Korea | N/A | 0.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.9 | 5.8 | 46.4 | 26.2 | 64.4% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Panama in 2022:
- United States (20.4 tons)
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