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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,277 per ton in 2022, surging by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 Austria ($3,031 per ton), while the price for Ukraine ($892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,551 per ton, leveling off at the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27% against the previous year. The export price peaked at $1,812 per ton in 2013; however, from 2014 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 Romania ($2,447 per ton), while the average price for exports to the Netherlands ($819 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 Croatia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of oil seeds; linseed, whether or not brokens into Hungary fell to 1.5K tons in 2022, which is down by -13% on the previous year. Over the period under review, imports saw a abrupt setback. The smallest decline of -0.9% was in 2021.

In value terms, imports of oil seeds; linseed, whether or not brokens shrank slightly to $1.9M in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $1.9M, and then reduced in the following year.

Import of Oil Seeds; Linseed, Whether or Not Broken in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine10515226355974.6%
Poland38752675452810.9%
Austria32450548643310.1%
Germany69.066.223416232.9%
LithuaniaN/AN/AN/A85.60%
Slovakia46622.82.97.9-74.3%
Belgium42.383.667.97.0-45.1%
Netherlands29024930.13.0-78.2%
Others10676.810266.8-14.3%
Total1,7901,6821,9401,8531.2%

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

  1. Ukraine (626.9 tons)
  2. Poland (495.6 tons)
  3. Austria (142.9 tons)
  4. Germany (73.3 tons)
  5. Lithuania (62.0 tons)
  6. Belgium (5.3 tons)
  7. Slovakia (4.2 tons)
  8. Netherlands (1.5 tons)

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

In 2022, exports of oil seeds; linseed, whether or not brokens from Hungary surged to 670 tons, increasing by 19% against the year before. In general, exports, however, showed a abrupt decline.

In value terms, exports of oil seeds; linseed, whether or not brokens soared to $1M in 2022. Overall, exports, however, recorded a mild curtailment.

Export of Oil Seeds; Linseed, Whether or Not Broken in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany618499171435-11.0%
Austria0.50.4156143558.9%
Slovakia13391.81241412.0%
Croatia10611196.41214.5%
Bosnia and Herzegovina17.519.722.546.938.9%
Slovenia57.163.652.546.7-6.5%
Serbia23.120.957.536.316.3%
Italy18.346.844.519.82.7%
Netherlands59.8N/AN/A17.8-33.2%
France0.6N/A39.0N/A706.2%
Others68.173.210631.7-22.5%
Total1,1029268691,040-1.9%

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

  1. Germany (328.2 tons)
  2. Austria (77.8 tons)
  3. Slovakia (77.5 tons)
  4. Croatia (61.7 tons)
  5. Bosnia and Herzegovina (31.1 tons)
  6. Serbia (29.7 tons)
  7. Netherlands (21.8 tons)
  8. Slovenia (20.4 tons)
  9. Italy (8.7 tons)

Source: IndexBox Market Intelligence Platform

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