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

Contents:

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

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

The average export price for oil seeds; linseed, whether or not brokens stood at $798 per ton in 2022, remaining stable against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oil seeds; linseed, whether or not brokens increased by +74.6% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 50%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($972 per ton), while the average price for exports to Italy ($510 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 Spain (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for oil seeds; linseed, whether or not brokens stood at $924 per ton in March 2022, surging by 14% against the previous month. Overall, the import price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in November 2021 an increase of 24% m-o-m. Over the period under review, average import prices reached the maximum at $1,816 per ton in March 2021; however, from April 2021 to March 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2022, the country with the highest price was Germany ($2,313 per ton), while the price for Russia totaled $725 per ton.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by France (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of oil seeds; linseed, whether or not brokens decreased by -85.1% to 321 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 when exports increased by 28%.

In value terms, exports of oil seeds; linseed, whether or not brokens shrank dramatically to $256K in 2022. In general, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. As a result, the exports reached the peak of $1.7M, and then fell rapidly in the following year.

Export of Oil Seeds; Linseed, Whether or Not Broken in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland12123190816410.7%
Russia51230942075.8-47.1%
Italy12910051.416.6-49.5%
SpainN/A13.0178N/A1269.2%
Belgium181195N/AN/A7.7%
GermanyN/A18535.4N/A-80.9%
SerbiaN/AN/A81.8N/A0%
OthersN/A46.620.4N/A-56.2%
Total9441,0801,695256-35.3%

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

  1. Poland (210.7 tons)
  2. Russia (78.0 tons)
  3. Italy (32.6 tons)

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

In 2022, imports of oil seeds; linseed, whether or not brokens into Belarus reduced markedly to 272 tons, with a decrease of -77.5% on 2021 figures. Overall, imports showed a dramatic decrease. The smallest decline of -15.3% was in 2021.

In value terms, imports of oil seeds; linseed, whether or not brokens contracted rapidly to $210K in 2022. Over the period under review, imports faced a dramatic decline. The smallest decline of -5% was in 2020.

Import of Oil Seeds; Linseed, Whether or Not Broken in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia46153057693.5-41.2%
Kazakhstan55830.243.579.1-47.9%
France12235613129.0-38.1%
Netherlands21.216554.68.4-26.6%
Others0.222.31.00.1-20.6%
Total1,1621,104806210-43.5%

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

  1. Kazakhstan (178.0 tons)
  2. Russia (81.5 tons)
  3. France (10.3 tons)
  4. Netherlands (2.4 tons)

Source: IndexBox Market Intelligence Platform

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