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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,321 per ton in 2022, growing by 21% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 +98.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($1,430 per ton), while the price for Ukraine ($998 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.3%).

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $4,227 per ton, waning by -14% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oil seeds; linseed, whether or not brokens decreased by -21.9% against 2019 indices. The growth pace was the most rapid in 2016 when the average export price increased by 70%. Over the period under review, the average export prices hit record highs at $5,411 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($7,105 per ton), while the average price for exports to Honduras ($688 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 Nicaragua (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Guatemala fell markedly to 332 tons, reducing by -17.7% on the previous year. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -2.5% was in 2021.

In value terms, imports of oil seeds; linseed, whether or not brokens reduced modestly to $438K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.6% 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 +50.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 35%. As a result, imports reached the peak of $439K, leveling off in the following year.

Import of Oil Seeds; Linseed, Whether or Not Broken in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada2802953433154.0%
UkraineN/AN/AN/A84.20%
ArgentinaN/AN/A35.032.9-6.0%
RussiaN/AN/A42.5N/A0%
Others11.829.319.15.9-20.6%
Total29132443943814.6%

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

  1. Canada (220.5 tons)
  2. Ukraine (84.3 tons)
  3. Argentina (25.3 tons)

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

In 2022, exports of oil seeds; linseed, whether or not brokens from Guatemala surged to 26 tons, with an increase of 24% on the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.9% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of oil seeds; linseed, whether or not brokens expanded rapidly to $111K in 2022. The total export value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, the exports reached the peak of $135K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Oil Seeds; Linseed, Whether or Not Broken in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nicaragua10.820.815.043.158.6%
Panama20.862.244.042.627.0%
El Salvador58.852.144.120.9-29.2%
Honduras0.70.41.24.585.9%
OthersN/AN/AN/AN/A0%
Total91.21351041116.8%

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

  1. Panama (8.6 tons)
  2. Honduras (6.5 tons)
  3. Nicaragua (6.1 tons)
  4. El Salvador (5.2 tons)

Source: IndexBox Market Intelligence Platform

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