Price for Oil Seeds; Linseed, Whether or Not Broken in Australia - 2024

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in Australia (CIF) - 2022
  2. Price for Oil Seeds; Linseed, Whether or Not Broken in Australia (FOB) - 2022
  3. Imports of Oil Seeds; Linseed, Whether or Not Broken in Australia
  4. Exports of Oil Seeds; Linseed, Whether or Not Broken in Australia

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,354 per ton in 2022, increasing by 44% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; linseed, whether or not brokens increased by +75.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 46%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 the United States ($13,928 per ton), while the price for Russia ($463 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+60.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,763 per ton, waning by -27.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 138% against the previous year. The export price peaked at $2,617 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,748 per ton), while the average price for exports to Vietnam ($1,035 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 New Caledonia (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of oil seeds; linseed, whether or not brokens decreased by -66.6% to 445 tons, falling for the second consecutive year after two years of growth. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 80%. As a result, imports reached the peak of 6.4K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of oil seeds; linseed, whether or not brokens dropped remarkably to $602K in 2022. Overall, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. As a result, imports attained the peak of $5.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Linseed, Whether or Not Broken in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand15925720527720.3%
Canada1,8533,217833200-52.4%
China36.088.966.850.311.8%
TurkeyN/A82.621.934.6-35.3%
Russia43979424.422.3-63.0%
Argentina47.47.48.38.5-43.6%
India12.423270.83.9-32.0%
United States180429N/A3.5-73.1%
Others18.233.020.42.7-47.1%
Total2,7465,1401,250602-39.7%

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

  1. New Zealand (226.6 tons)
  2. Canada (121.3 tons)
  3. Russia (48.2 tons)
  4. China (25.0 tons)
  5. Turkey (12.0 tons)
  6. Argentina (10.0 tons)
  7. India (1.2 tons)
  8. United States (0.3 tons)

Exports of Oil Seeds; Linseed, Whether or Not Broken in Australia

In 2022, the amount of oil seeds; linseed, whether or not brokens exported from Australia soared to 237 tons, growing by 101% on the previous year. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 269% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oil seeds; linseed, whether or not brokens soared to $418K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 255%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Oil Seeds; Linseed, Whether or Not Broken in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand29.924.5175250103.0%
Thailand41.338.915.066.517.2%
United StatesN/AN/A2.721.0677.8%
South KoreaN/AN/AN/A20.50%
IndonesiaN/A6.74.018.063.9%
Hong Kong SAR3.03.432.512.560.9%
VietnamN/AN/A6.511.983.1%
JapanN/A3.411.24.920.0%
United Kingdom35.8N/AN/AN/A0%
New Caledonia3.80.236.9N/A211.6%
Others9.43.62.912.911.1%
Total12380.828741850.3%

Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Australia in 2022:

  1. New Zealand (137.0 tons)
  2. Thailand (43.6 tons)
  3. South Korea (16.0 tons)
  4. Indonesia (12.8 tons)
  5. Vietnam (11.5 tons)
  6. United States (6.8 tons)
  7. Hong Kong SAR (3.3 tons)
  8. Japan (3.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Indonesia Ranks First Globally in Exports of Oil Crops
Oct 4, 2015
Eye 1641

Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports

Exploring the Best Import Markets for Linseed
Apr 23, 2024
Eye 142

Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.

Which Country Produces the Most Linseed in the World?
Oct 30, 2017
Eye 2697

In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.

Canada's Linseed Exports Increased by 11% in 2014
Sep 2, 2015
Eye 1253

Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v

Exploring the Best Import Markets for Linseed
Apr 23, 2024
Eye 142

Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.

Which Country Produces the Most Linseed in the World?
Oct 30, 2017
Eye 2697

In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.

Canada's Linseed Exports Increased by 11% in 2014
Sep 2, 2015
Eye 1253

Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v

Free Data: Oil seeds; linseed, whether or not broken - Australia