Price for Oil Seeds; Linseed, Whether or Not Broken in Ethiopia - 2022
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (FOB) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (CIF) - 2022
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia
Price for Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $1,282 per ton in 2022, stabilizing at the previous year. In general, the export price saw strong growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 56%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($1,272 per ton), while the average price for exports to Saudi Arabia ($500 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 China (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $5,597 per ton, leveling off at the previous year. Overall, the import price saw a buoyant increase. The growth pace was the most rapid in 2014 an increase of 27% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +22.7% per year.
Exports of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia
In 2022, approx. 5.3 tons of oil seeds; linseed, whether or not brokens were exported from Ethiopia; picking up by 5.9% compared with 2021. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 6.2% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of oil seeds; linseed, whether or not brokens expanded rapidly to $6.8K in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 8% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 5.6 | 6.1 | 6.5 | 2.7% |
| Spain | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
| Total | 6.4 | 5.9 | 6.4 | 6.8 | 2.0% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Ethiopia in 2022:
- China (5.1 tons)
- Spain (0.1 tons)
Imports of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia
In 2022, supplies from abroad of oil seeds; linseed, whether or not brokens decreased by 0% to 273 kg, falling for the second year in a row after two years of growth. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 189%. As a result, imports reached the peak of 1.1 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 amounted to $1.5K in 2022. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 155%. As a result, imports reached the peak of $3K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 1.5 | 0% |
| China | 0.5 | N/A | N/A | N/A | 0% |
| India | 0.7 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 3.0 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.2 | 3.0 | N/A | 1.5 | 7.7% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Ethiopia in 2022:
- Belgium (273.0 kg)
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