Price for Oil Seeds; Linseed, Whether or Not Broken in China - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in China (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in China (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in China
- Exports of Oil Seeds; Linseed, Whether or Not Broken in China
Price for Oil Seeds; Linseed, Whether or Not Broken in China (CIF) - 2024
In May 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $488 per ton, increasing by 2.3% against the previous month. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 an increase of 4.7% against the previous month. Over the period under review, average import prices hit record highs in May 2024.
Average prices varied noticeably amongst the major supplying countries. In May 2024, the country with the highest price was Canada ($587 per ton), while the price for Russia ($470 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Russia (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Linseed, Whether or Not Broken in China (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $1,793 per ton in 2022, with an increase of 15% against the previous year. Over the last decade, it increased at an average annual rate of +5.4%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($2,388 per ton), while the average price for exports to Germany ($1,000 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 Vietnam (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in China
Imports of oil seeds; linseed, whether or not brokens into China soared to 615K tons in 2022, increasing by 45% on the year before. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. 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 surged to $405M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Oil Seeds; Linseed, Whether or Not Broken in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 85.0 | 43.5 | 130 | 286 | 49.8% |
| Kazakhstan | 1.2 | 55.4 | 35.2 | 99.6 | 336.2% |
| Canada | 97.9 | 71.9 | 98.2 | 19.4 | -41.7% |
| Others | 0.1 | 0.5 | 0.4 | 0.2 | 26.0% |
| Total | 184 | 171 | 264 | 405 | 30.1% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to China in 2022:
- Russia (432.1K tons)
- Kazakhstan (151.9K tons)
- Canada (30.5K tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in China
In 2022, shipments abroad of oil seeds; linseed, whether or not brokens was finally on the rise to reach 731 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt contraction.
In value terms, exports of oil seeds; linseed, whether or not brokens surged to $1.3M in 2022. Over the period under review, exports, however, saw a abrupt slump.
| Export of Oil Seeds; Linseed, Whether or Not Broken in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 67.3 | 89.5 | 39.1 | 314 | 67.1% |
| Malaysia | 86.8 | 101 | 180 | 181 | 27.8% |
| United Kingdom | 28.4 | 25.9 | N/A | 165 | 79.8% |
| Thailand | 103 | 73.4 | 171 | 126 | 6.9% |
| Hong Kong SAR | 10.0 | 21.0 | 30.2 | 70.3 | 91.6% |
| Taiwan (Chinese) | 8.9 | 8.6 | 38.4 | 70.1 | 99.0% |
| Netherlands | 266 | 367 | N/A | 67.4 | -36.7% |
| Indonesia | N/A | N/A | 60.1 | 64.1 | 6.7% |
| Israel | N/A | 94.9 | 115 | 62.9 | -18.6% |
| Australia | 27.8 | 115 | 30.6 | 45.1 | 17.5% |
| Singapore | 22.3 | 34.5 | 28.9 | 35.0 | 16.2% |
| New Zealand | 221 | 183 | 77.7 | 26.3 | -50.8% |
| Germany | 776 | 192 | 60.9 | N/A | -72.0% |
| Others | 95.7 | 71.1 | 65.3 | 83.8 | -4.3% |
| Total | 1,713 | 1,378 | 897 | 1,311 | -8.5% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from China in 2022:
- South Korea (164.4 tons)
- United Kingdom (105.0 tons)
- Malaysia (104.5 tons)
- Thailand (66.0 tons)
- Indonesia (45.9 tons)
- Taiwan (Chinese) (45.0 tons)
- Israel (43.0 tons)
- Netherlands (42.0 tons)
- Australia (25.0 tons)
- Hong Kong SAR (21.2 tons)
- Singapore (18.3 tons)
- New Zealand (11.0 tons)
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This report provides an in-depth analysis of the linseed market in China.
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This report provides an in-depth analysis of the global linseed market.
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This report provides an in-depth analysis of the linseed market in China.
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This report provides an in-depth analysis of the global linseed market.
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In February 2023, the price of linseed reached $534 per ton on a Cost Insurance and Freight (CIF) basis in China – a 5.4% rise compared to the previous month.
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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
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.
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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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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
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In February 2023, the price of linseed reached $534 per ton on a Cost Insurance and Freight (CIF) basis in China – a 5.4% rise compared to the previous month.
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.
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.
1254
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
