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

Contents:

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

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,019 per ton, waning by -26.8% against the previous year. Over the period under review, the import price, however, saw a perceptible expansion. The most prominent rate of growth was recorded in 2014 an increase of 103%. Over the period under review, average import prices hit record highs at $1,443 per ton in 2017; however, from 2018 to 2022, import prices remained at a 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 Kazakhstan ($3,508 per ton), while the price for Poland ($675 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+17.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of oil seeds; linseed, whether or not brokens into Azerbaijan soared to 190 tons, growing by 618% against the year before. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $193K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia16.471.623.313099.4%
Ukraine11.216.36.545.359.3%
Latvia1.92.71.06.550.7%
India3.59.71.71.6-23.0%
Others6.47.74.29.714.9%
Total39.310836.819370.0%

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

  1. Russia (139.2 tons)
  2. Ukraine (37.2 tons)
  3. Latvia (7.9 tons)
  4. India (1.2 tons)

Source: IndexBox Market Intelligence Platform

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