Price for Oil Seeds; Linseed, Whether or Not Broken in Canada - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Canada (FOB) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in Canada (CIF) - 2022
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Canada
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Canada
Price for Oil Seeds; Linseed, Whether or Not Broken in Canada (FOB) - 2024
The average export price for oil seeds; linseed, whether or not brokens stood at $794 per ton in March 2024, surging by 13% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $835 per ton in October 2023; however, from November 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was the United States ($847 per ton), while the average price for exports to Japan ($425 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Canada (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,358 per ton, with an increase of 96% against the previous year. Over the period under review, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($2,702 per ton), while the price for Ukraine ($1,067 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil Seeds; Linseed, Whether or Not Broken in Canada
In 2022, overseas shipments of oil seeds; linseed, whether or not brokens decreased by -55.4% to 167K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 23%. As a result, the exports attained the peak of 484K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of oil seeds; linseed, whether or not brokens contracted remarkably to $174M in 2022. Overall, exports recorded a pronounced descent. The most prominent rate of growth was recorded in 2020 when exports increased by 30% against the previous year.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 72.8 | 70.8 | 104 | 144 | 25.5% |
| China | 91.2 | 81.1 | 77.5 | 6.8 | -57.9% |
| Japan | 1.9 | 1.6 | 2.0 | 4.3 | 31.3% |
| Mexico | 1.4 | 2.1 | 2.6 | 4.1 | 43.1% |
| United Kingdom | 1.0 | 1.3 | 3.0 | 2.7 | 39.2% |
| Colombia | 0.9 | 1.8 | 2.1 | 2.3 | 36.7% |
| Belgium | 15.8 | 77.8 | 61.9 | 1.1 | -58.9% |
| Others | 11.4 | 18.2 | 15.0 | 9.2 | -6.9% |
| Total | 196 | 255 | 268 | 174 | -3.9% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Canada in 2022:
- United States (120.0K tons)
- China (11.3K tons)
- Mexico (6.6K tons)
- Japan (5.8K tons)
- United Kingdom (3.5K tons)
- Colombia (2.8K tons)
- Belgium (1.6K tons)
Imports of Oil Seeds; Linseed, Whether or Not Broken in Canada
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -56.4% to 7.6K tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 117%. As a result, imports attained the peak of 28K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of oil seeds; linseed, whether or not brokens reduced to $10M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -23.8% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 72%. As a result, imports attained the peak of $14M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.3 | 12.1 | 11.1 | 6.4 | 0.5% |
| Argentina | 0.1 | N/A | 0.1 | 1.6 | 152.0% |
| India | 0.4 | 0.9 | 0.4 | 0.9 | 31.0% |
| Russia | N/A | N/A | N/A | 0.5 | 0% |
| Turkey | 0.6 | N/A | 0.2 | 0.3 | -20.6% |
| Ukraine | N/A | N/A | N/A | 0.3 | 0% |
| Others | 0.5 | 0.5 | 0.3 | 0.3 | -15.7% |
| Total | 7.9 | 13.5 | 12.1 | 10.3 | 9.2% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Canada in 2022:
- United States (5.2K tons)
- Argentina (1.1K tons)
- India (0.5K tons)
- Ukraine (0.3K tons)
- Russia (0.2K tons)
- Turkey (0.1K tons)
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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.
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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.
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