Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $1,070 per ton, shrinking by -5.7% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 1,601%. As a result, import price attained the peak level of $8,701 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Nigeria ($1,734 per ton), while the price for the United States ($176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (+24.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (FOB) - 2022
In 2022, the average export price for oil seeds; cotton seeds, seed, whether or not broken amounted to $1,458 per ton, rising by 42% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $2,620 per ton in 2017; however, from 2018 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 the United States ($2,404 per ton), while the average price for exports to Canada ($722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam
In 2022, purchases abroad of oil seeds; cotton seeds, seed, whether or not broken decreased by -80.7% to 76 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 1,159% against the previous year. As a result, imports attained the peak of 394 tons, and then dropped remarkably in the following year.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken reduced rapidly to $81K in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 711%. As a result, imports attained the peak of $447K, and then fell significantly in the following year.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | 445 | 43.9 | -90.1% |
| Nigeria | N/A | N/A | N/A | 35.7 | 0% |
| United States | 3.0 | 2.4 | 2.0 | 1.6 | -18.9% |
| Japan | N/A | 12.5 | N/A | N/A | 0% |
| Others | 4.0 | 40.3 | N/A | N/A | 907.5% |
| Total | 7.0 | 55.1 | 447 | 81.2 | 126.4% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Vietnam in 2022:
- Australia (45.9 tons)
- Nigeria (20.6 tons)
- United States (9.4 tons)
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam
After three years of growth, shipments abroad of oil seeds; cotton seeds, seed, whether or not broken decreased by -76.7% to 3.2 tons in 2022. In general, exports saw a sharp curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 40%. As a result, the exports attained the peak of 14 tons, and then declined sharply in the following year.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken contracted remarkably to $4.6K in 2022. Over the period under review, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9.7% against the previous year. As a result, the exports attained the peak of $14K, and then reduced sharply in the following year.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.1 | 10.1 | 6.9 | 3.5 | -31.9% |
| United States | N/A | N/A | N/A | 0.6 | 0% |
| Canada | 1.9 | 2.6 | 7.0 | 0.5 | -35.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.0 | 12.7 | 13.9 | 4.6 | -29.3% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Vietnam in 2022:
- Japan (2.3 tons)
- Canada (0.7 tons)
- United States (0.3 tons)
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