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

Contents:

  1. Price for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Slovakia (FOB) - 2022
  2. Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Slovakia

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

In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $3,177 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices reached the maximum at $3,353 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($6,636 per ton), while the average price for exports to Poland ($554 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+94.2%), while the prices for the other major destinations experienced a decline.

Exports of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Slovakia

For the third consecutive year, Slovakia recorded decline in overseas shipments of oil seeds; cotton seeds, other than seed, whether or not broken, which decreased by 0% to 225 tons in 2022. Overall, exports saw a precipitous decline. The smallest decline of -73.5% was in 2020.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken totaled $714K in 2022. In general, exports continue to indicate a sharp descent. The smallest decline of -66.2% was in 2020.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania1,249337N/A627-20.5%
PolandN/AN/AN/A70.00%
United KingdomN/AN/AN/A13.10%
Italy419226N/AN/A-46.1%
OthersN/AN/AN/A4.30%
Total1,667563N/A714-24.6%

Top Export Markets for Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken from Slovakia in 2022:

  1. Poland (126.3 tons)
  2. Romania (94.5 tons)
  3. United Kingdom (3.9 tons)

Source: IndexBox Market Intelligence Platform

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