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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,114 per ton in 2022, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2016 an increase of 22%. The import price peaked at $1,121 per ton in 2017; afterwards, it flattened through to 2022.

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 Germany ($2,308 per ton), while the price for Ukraine ($843 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,662 per ton, jumping by 32% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth was the most pronounced in 2016 an increase of 59% against the previous year. The export price peaked at $2,069 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($2,749 per ton), while the average price for exports to Sweden ($1,600 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 Latvia (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -5.3% to 792 tons in 2022. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 19%. As a result, imports attained the peak of 836 tons, and then shrank in the following year.

In value terms, imports of oil seeds; linseed, whether or not brokens expanded markedly to $882K in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.7% 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 +49.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium12.6227424543250.6%
PolandN/AN/A165124-24.8%
Germany0.248.157.664.0584.0%
Sweden90.540.728.137.6-25.4%
Ukraine6.5N/AN/A37.178.7%
Lithuania24.011861.429.87.5%
Kazakhstan263N/AN/AN/A0%
Others27115668.746.8-44.3%
Total6685908048829.7%

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

  1. Belgium (552.8 tons)
  2. Poland (100.7 tons)
  3. Ukraine (44.0 tons)
  4. Germany (27.7 tons)
  5. Lithuania (27.6 tons)
  6. Sweden (23.7 tons)

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

In 2022, the amount of oil seeds; linseed, whether or not brokens exported from Finland surged to 60 tons, jumping by 38% compared with the year before. Over the period under review, exports showed a slight increase. The growth pace was the most rapid in 2021 with an increase of 284%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of oil seeds; linseed, whether or not brokens soared to $100K in 2022. In general, exports posted a remarkable increase. The pace of growth was the most pronounced in 2021 when exports increased by 133%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Oil Seeds; Linseed, Whether or Not Broken in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden59.55.040.392.015.6%
Estonia13.913.111.64.9-29.4%
Latvia5.43.60.52.4-23.7%
Others4.81.82.30.9-42.8%
Total83.623.554.81006.2%

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

  1. Sweden (57.5 tons)
  2. Estonia (1.8 tons)
  3. Latvia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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