Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore
- Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (CIF) - 2022
The average import price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $1,677 per ton in 2022, jumping by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 167% against the previous year. Over the period under review, average import prices attained the maximum at $5,350 per ton in 2019; however, from 2020 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 Ethiopia.
From 2012 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +16.5% per year.
Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (FOB) - 2022
The average export price for oil seeds; cotton seeds, other than seed, whether or not broken stood at $4,940 per ton in 2022, with an increase of 48% against the previous year. Overall, the export price, however, recorded a deep setback. The export price peaked at $7,683 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Mauritius.
From 2014 to 2022, the rate of growth in terms of prices for Mauritius amounted to -57.8% per year.
Imports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore
In 2022, approx. 231 tons of oil seeds; cotton seeds, other than seed, whether or not broken were imported into Singapore; which is down by -80.5% against the previous year's figure. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 25,575% against the previous year. As a result, imports reached the peak of 1.2K tons, and then declined rapidly in the following year.
In value terms, imports of oil seeds; cotton seeds, other than seed, whether or not broken fell sharply to $387K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 8,016%. As a result, imports reached the peak of $1.7M, and then dropped markedly in the following year.
| Import of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | N/A | N/A | 1.7 | 0.4 | -76.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | N/A | N/A | 1.7 | 0.4 | -76.5% |
Top Suppliers of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken to Singapore in 2022:
- Ethiopia (228.0 tons)
Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore
After two years of growth, shipments abroad of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -97.6% to 50 kg in 2022. Over the period under review, exports faced a precipitous slump. The pace of growth was the most pronounced in 2021 with an increase of 102%. As a result, the exports reached the peak of 2.1 tons, and then reduced markedly in the following year.
In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken declined sharply to $247 in 2022. In general, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports attained the peak of $7K, and then declined sharply in the following year.
| Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Mauritius | 0.1 | 7.0 | 0.2 | 41.4% | |
| Oman | 3.9 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 4.0 | 7.0 | 0.2 | -77.6% | |
Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Singapore in 2022:
- Mauritius (50.0 kg)
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