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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $996 per ton in 2022, shrinking by -1.7% against the previous year. Over the period under review, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 +79.0% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. As a result, import price attained the peak level of $1,013 per ton, and then dropped in the following year.

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 Netherlands ($1,609 per ton), while the price for Kazakhstan ($809 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,350 per ton, with a decrease of -31.4% against the previous year. Overall, the export price, however, recorded measured growth. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. The export price peaked at $1,968 per ton in 2021, and then shrank dramatically in the following year.

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 Italy ($2,803 per ton), while the average price for exports to South Africa ($1,007 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 South Korea (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of oil seeds; linseed, whether or not brokens into Bulgaria stood at 1.6K tons, surging by 8% compared with the previous year's figure. In general, imports, however, showed a pronounced curtailment.

In value terms, imports of oil seeds; linseed, whether or not brokens expanded remarkably to $1.6M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine9378041,0751,1125.9%
KazakhstanN/A46.7N/A10247.8%
Poland6.146.886.585.2140.8%
MoldovaN/AN/A22.174.2235.7%
Netherlands25.558.795.072.741.8%
TurkeyN/AN/A22.261.9178.8%
Austria27.455.161.814.7-18.7%
Others63.639.111850.6-7.3%
Total1,0601,0511,4801,57314.1%

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

  1. Ukraine (1130.1 tons)
  2. Kazakhstan (126.0 tons)
  3. Poland (100.3 tons)
  4. Moldova (88.1 tons)
  5. Turkey (55.0 tons)
  6. Netherlands (45.2 tons)
  7. Austria (10.3 tons)

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

Exports of oil seeds; linseed, whether or not brokens from Bulgaria skyrocketed to 307 tons in 2022, picking up by 64% on 2021 figures. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of oil seeds; linseed, whether or not brokens rose notably to $414K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +97.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 38%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Oil Seeds; Linseed, Whether or Not Broken in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and HerzegovinaN/AN/AN/A1030%
South AfricaN/AN/AN/A90.30%
Italy33.659.072.371.428.6%
Serbia0.50.63.149.1361.4%
MontenegroN/AN/AN/A23.80%
North Macedonia5.56.110.319.452.2%
Romania3.63.38.015.060.9%
Germany56.711512314.5-36.5%
Greece10284.354.310.0-53.9%
Others8.320.898.517.728.7%
Total21028936941425.4%

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

  1. South Africa (89.7 tons)
  2. Bosnia and Herzegovina (84.3 tons)
  3. Serbia (46.0 tons)
  4. Italy (25.5 tons)
  5. Montenegro (21.0 tons)
  6. Romania (11.4 tons)
  7. North Macedonia (11.3 tons)
  8. Greece (7.0 tons)
  9. Germany (5.5 tons)

Source: IndexBox Market Intelligence Platform

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