Price for Oil Seeds; Linseed, Whether or Not Broken in Greece - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Greece (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in Greece (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Greece
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Greece
Price for Oil Seeds; Linseed, Whether or Not Broken in Greece (CIF) - 2024
In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,208 per ton, picking up by 80% against the previous month. Overall, the import price posted slight growth. The most prominent rate of growth was recorded in October 2023 an increase of 164% m-o-m. As a result, import price attained the peak level of $2,858 per ton. From November 2023 to March 2024, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Belgium ($1,694 per ton), while the price for Bulgaria ($818 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Greece (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $1,417 per ton in 2022, with an increase of 2.8% against the previous year. Overall, the export price, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 an increase of 27%. Over the period under review, the average export prices attained the peak figure at $2,609 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Albania ($1,508 per ton) and Cyprus ($1,508 per ton), while the average price for exports to Italy ($1,229 per ton) and Malta ($1,251 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 Malta (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Greece
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -18.6% to 617 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a perceptible downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 18%. As a result, imports attained the peak of 798 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of oil seeds; linseed, whether or not brokens dropped to $790K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 110 | 104 | 193 | 243 | 30.2% |
| India | 39.1 | 126 | 145 | 168 | 62.6% |
| Ukraine | 121 | 161 | 92.4 | 143 | 5.7% |
| Netherlands | 91.0 | 127 | 147 | 71.4 | -7.8% |
| Egypt | 0.8 | 1.5 | N/A | 60.7 | 323.4% |
| Belgium | 68.3 | 61.3 | 65.1 | 38.2 | -17.6% |
| Bulgaria | 14.3 | 39.4 | 15.6 | 26.1 | 22.2% |
| Germany | 25.7 | 53.1 | 116 | 2.7 | -52.8% |
| Others | 63.6 | 10.2 | 88.3 | 36.4 | -17.0% |
| Total | 533 | 684 | 864 | 790 | 14.0% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Greece in 2022:
- Poland (218.3 tons)
- Ukraine (150.7 tons)
- India (87.3 tons)
- Netherlands (40.9 tons)
- Egypt (40.0 tons)
- Bulgaria (26.2 tons)
- Belgium (25.9 tons)
- Germany (1.1 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Greece
In 2022, overseas shipments of oil seeds; linseed, whether or not brokens decreased by -19% to 37 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 46 tons, and then reduced remarkably in the following year.
In value terms, exports of oil seeds; linseed, whether or not brokens reduced markedly to $52K in 2022. Over the period under review, exports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 with an increase of 65%. As a result, the exports attained the peak of $63K, and then contracted sharply in the following year.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 8.9 | 11.1 | 22.3 | 20.3 | 31.6% |
| Romania | 0.1 | 3.3 | 15.5 | 17.9 | 463.6% |
| Albania | 14.2 | 17.8 | 16.5 | 5.9 | -25.4% |
| Bulgaria | 5.8 | 4.2 | 5.8 | 3.8 | -13.1% |
| Malta | 0.9 | 0.6 | 1.3 | 2.2 | 34.7% |
| Italy | 0.8 | 0.9 | 1.3 | 1.0 | 7.7% |
| Others | 0.1 | 0.2 | 0.3 | 1.4 | 141.0% |
| Total | 30.9 | 38.3 | 63.1 | 52.5 | 19.3% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Greece in 2022:
- Romania (13.9 tons)
- Cyprus (13.4 tons)
- Albania (3.9 tons)
- Bulgaria (2.6 tons)
- Malta (1.8 tons)
- Italy (0.8 tons)
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