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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,212 per ton in 2022, jumping by 27% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +95.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 34%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,212 per ton), while the price for Ukraine amounted to $1,212 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,126 per ton, jumping by 29% against the previous year. Over the period under review, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 141%. As a result, the export price attained the peak level of $1,955 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the Netherlands ($1,126 per ton) and the United States ($1,126 per ton), while the average price for exports to Italy ($1,126 per ton) and South Korea ($1,126 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of oil seeds; linseed, whether or not brokens into Egypt dropped sharply to 6.5K tons in 2022, shrinking by -22.3% against the previous year's figure. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when imports increased by 1.6%.

In value terms, imports of oil seeds; linseed, whether or not brokens shrank to $7.9M in 2022. The total import value increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $8M, and then shrank slightly in the following year.

Import of Oil Seeds; Linseed, Whether or Not Broken in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.24.74.05.1-6.3%
Ukraine0.20.72.42.6135.1%
KazakhstanN/A0.4N/AN/A0%
CanadaN/AN/A1.3N/A0%
Others0.10.10.20.226.0%
Total6.55.98.07.96.7%

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

  1. Russia (4.2K tons)
  2. Ukraine (2.2K tons)

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

Exports of oil seeds; linseed, whether or not brokens from Egypt skyrocketed to 1.7K tons in 2022, rising by 146% on 2021 figures. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of oil seeds; linseed, whether or not brokens soared to $1.9M in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Linseed, Whether or Not Broken in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.8N/A74.3695179.6%
Morocco7.2143182225215.0%
AlgeriaN/A47.7111223116.2%
Tunisia83.418312714420.0%
ItalyN/A0.2N/A78.51881.2%
South KoreaN/AN/AN/A73.20%
NetherlandsN/AN/AN/A67.80%
Czech RepublicN/AN/AN/A66.20%
GreeceN/AN/AN/A57.80%
Saudi Arabia64.27.319.054.5-5.3%
United StatesN/AN/AN/A36.00%
SpainN/AN/A1.434.82385.7%
United Arab EmiratesN/A0.7N/A32.7583.5%
Others10111.576.280.9-7.1%
Total2883945911,87086.6%

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

  1. Germany (617.7 tons)
  2. Morocco (200.2 tons)
  3. Algeria (198.3 tons)
  4. Tunisia (127.8 tons)
  5. Italy (69.7 tons)
  6. South Korea (65.0 tons)
  7. Netherlands (60.2 tons)
  8. Czech Republic (58.8 tons)
  9. Greece (51.3 tons)
  10. Saudi Arabia (48.5 tons)
  11. United States (31.9 tons)
  12. Spain (30.9 tons)
  13. United Arab Emirates (29.0 tons)

Source: IndexBox Market Intelligence Platform

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