Price for Oil Seeds; Linseed, Whether or Not Broken in France - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in France (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in France (FOB) - 2024
- Imports of Oil Seeds; Linseed, Whether or Not Broken in France
- Exports of Oil Seeds; Linseed, Whether or Not Broken in France
Price for Oil Seeds; Linseed, Whether or Not Broken in France (CIF) - 2024
In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $773 per ton, waning by -5.4% against the previous month. Over the period under review, the import price saw a pronounced contraction. The pace of growth appeared the most rapid in April 2023 an increase of 18% m-o-m. As a result, import price attained the peak level of $1,354 per ton. From May 2023 to March 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($6,589 per ton), while the price for the UK stood at $720 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Canada (+26.0%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Linseed, Whether or Not Broken in France (FOB) - 2024
In March 2024, the average export price for oil seeds; linseed, whether or not brokens amounted to $2,149 per ton, rising by 41% against the previous month. Overall, the export price continues to indicate a prominent increase. The growth pace was the most rapid in February 2024 when the average export price increased by 68% month-to-month. Over the period under review, the average export prices attained the maximum in March 2024.
There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was Belarus ($3,405 per ton), while the average price for exports to New Caledonia ($1,768 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 Spain (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in France
In 2022, imports of oil seeds; linseed, whether or not brokens into France rose slightly to 39K tons, with an increase of 2.2% on the previous year. The total import volume increased at an average annual rate of +6.9% 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 2020 when imports increased by 35%. As a result, imports reached the peak of 43K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oil seeds; linseed, whether or not brokens rose remarkably to $40M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Linseed, Whether or Not Broken in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.4 | 11.9 | 13.2 | 16.2 | 36.3% |
| Belgium | 6.5 | 10.8 | 12.0 | 14.1 | 29.4% |
| Netherlands | 3.4 | 5.3 | 4.4 | 4.2 | 7.3% |
| Poland | 0.8 | 0.5 | 1.0 | 1.1 | 11.2% |
| Canada | N/A | 0.2 | 0.2 | 0.9 | 112.1% |
| Germany | 0.8 | 0.7 | 1.0 | 0.9 | 4.0% |
| Others | 4.2 | 2.7 | 2.8 | 2.1 | -20.6% |
| Total | 22.1 | 32.0 | 34.6 | 39.5 | 21.4% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to France in 2022:
- United Kingdom (20.2K tons)
- Belgium (12.6K tons)
- Netherlands (2.7K tons)
- Canada (1.1K tons)
- Poland (0.7K tons)
- Germany (0.7K tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in France
In 2022, exports of oil seeds; linseed, whether or not brokens from France was estimated at 23K tons, with an increase of 10% compared with the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, exports of oil seeds; linseed, whether or not brokens soared to $22M in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.
| Export of Oil Seeds; Linseed, Whether or Not Broken in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.5 | 4.0 | 9.0 | 11.3 | 35.9% |
| Austria | 0.2 | 0.1 | 1.6 | 2.7 | 138.1% |
| Germany | 0.3 | 0.6 | 0.7 | 1.6 | 74.7% |
| Netherlands | 0.8 | 1.1 | 1.6 | 1.2 | 14.5% |
| Italy | 0.5 | 0.6 | 0.9 | 1.2 | 33.9% |
| Switzerland | 0.2 | 0.5 | 1.2 | 1.2 | 81.7% |
| Spain | 0.2 | 0.3 | 0.6 | 0.9 | 65.1% |
| Others | 1.9 | 1.6 | 1.8 | 2.0 | 1.7% |
| Total | 8.6 | 8.7 | 17.4 | 22.0 | 36.8% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from France in 2022:
- Belgium (13.5K tons)
- Austria (2.9K tons)
- Netherlands (2.0K tons)
- Switzerland (1.2K tons)
- Germany (1.2K tons)
- Spain (0.8K tons)
- Italy (0.6K tons)
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