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

Contents:

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

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $2,786 per ton, with a decrease of -6.6% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2021 an increase of 19%. Over the period under review, average import prices attained the peak figure at $4,281 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($4,188 per ton), while the price for Portugal stood at $2,789 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (-1.2%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Angola recorded growth in overseas purchases of oil seeds; linseed, whether or not brokens, which increased by 22% to 12 tons in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of oil seeds; linseed, whether or not brokens rose rapidly to $33K in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 66%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Oil Seeds; Linseed, Whether or Not Broken in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal17.916.528.132.421.9%
OthersN/A0.80.60.4-29.3%
Total17.917.328.732.822.4%

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

  1. Portugal (11.6 tons)

Source: IndexBox Market Intelligence Platform

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