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

Contents:

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

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

In 2022, the average export price for oil seeds; cotton seeds, other than seed, whether or not broken amounted to $1,519 per ton, shrinking by -50% against the previous year. Overall, the export price faced a sharp decline. The most prominent rate of growth was recorded in 2021 a decrease of -6.3% against the previous year. The export price peaked at $3,245 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2020 to 2022, the rate of growth in terms of prices for Italy amounted to -6.7% per year.

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

After two years of growth, shipments abroad of oil seeds; cotton seeds, other than seed, whether or not broken decreased by -99.7% to 52 kg in 2022. Overall, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 215%. As a result, the exports reached the peak of 17 tons, and then plummeted in the following year.

In value terms, exports of oil seeds; cotton seeds, other than seed, whether or not broken declined significantly to $79 in 2022. In general, exports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 195% against the previous year. As a result, the exports reached the peak of $50K, and then declined markedly in the following year.

Export of Oil Seeds; Cotton Seeds, Other than Seed, Whether or Not Broken in Lithuania (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/A0.30.1-66.7%
Italy17.049.9N/A193.5%
OthersN/AN/AN/A0%
Total17.050.20.1-92.3%

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

  1. Netherlands (52.0 kg)

Source: IndexBox Market Intelligence Platform

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