Price for Oil Seeds; Linseed, Whether or Not Broken in Iraq - 2022

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in Iraq (CIF) - 2022
  2. Imports of Oil Seeds; Linseed, Whether or Not Broken in Iraq

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

The average import price for oil seeds; linseed, whether or not brokens stood at $509 per ton in 2022, falling by -19.5% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of 35% against the previous year. The import price peaked at $1,368 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($700 per ton), while the price for Ukraine ($169 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of oil seeds; linseed, whether or not brokens, when their volume decreased by -13.3% to 106 tons. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18%.

In value terms, imports of oil seeds; linseed, whether or not brokens reduced notably to $54K in 2022. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 8.7%. As a result, imports attained the peak of $81K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Oil Seeds; Linseed, Whether or Not Broken in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20.365.826.817.7-4.5%
United Arab Emirates11.91.69.516.511.5%
Turkey15.88.122.310.6-12.5%
KazakhstanN/AN/AN/A4.80%
Ukraine11.63.615.33.6-32.3%
Egypt1.70.53.71.0-16.2%
Others12.80.90.2N/A-87.5%
Total74.280.677.854.2-9.9%

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

  1. India (25.3 tons)
  2. United Arab Emirates (23.8 tons)
  3. Turkey (21.2 tons)
  4. Ukraine (21.2 tons)
  5. Kazakhstan (13.2 tons)
  6. Egypt (1.8 tons)

Source: IndexBox Market Intelligence Platform

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