Price for Oil Seeds; Linseed, Whether or Not Broken in Algeria - 2022

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in Algeria (CIF) - 2022
  2. Imports of Oil Seeds; Linseed, Whether or Not Broken in Algeria

Price for Oil Seeds; Linseed, Whether or Not Broken in Algeria (CIF) - 2022

The average import price for oil seeds; linseed, whether or not brokens stood at $657 per ton in 2022, which is down by -4.2% against the previous year. Overall, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2013 when the average import price increased by 21%. As a result, import price attained the peak level of $1,081 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,408 per ton), while the price for Ukraine ($273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Oil Seeds; Linseed, Whether or Not Broken in Algeria

In 2022, after three years of growth, there was significant decline in purchases abroad of oil seeds; linseed, whether or not brokens, when their volume decreased by -18.6% to 843 tons. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 40%.

In value terms, imports of oil seeds; linseed, whether or not brokens declined markedly to $554K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 52% against the previous year.

Import of Oil Seeds; Linseed, Whether or Not Broken in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt61.544.011613530.0%
Russia88.02391911138.7%
Canada40.611815510336.4%
Turkey22.541.168.987.957.5%
Ukraine53.453.520.163.05.7%
Spain37.192.413036.0-1.0%
Nigeria67.0N/AN/AN/A0%
Others32.525.227.015.5-21.9%
Total40361370955411.2%

Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Algeria in 2022:

  1. Ukraine (230.7 tons)
  2. Canada (181.2 tons)
  3. Russia (162.0 tons)
  4. Egypt (117.3 tons)
  5. Turkey (108.1 tons)
  6. Spain (32.7 tons)

Source: IndexBox Market Intelligence Platform

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