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

Contents:

1. Price for Oil Seeds; Linseed, Whether or Not Broken in Ireland (CIF) - 2024
2. Price for Oil Seeds; Linseed, Whether or Not Broken in Ireland (FOB) - 2022
3. Imports of Oil Seeds; Linseed, Whether or Not Broken in Ireland
4. Exports of Oil Seeds; Linseed, Whether or Not Broken in Ireland

Price for Oil Seeds; Linseed, Whether or Not Broken in Ireland (CIF) - 2024

The average import price for oil seeds; linseed, whether or not brokens stood at $3,872 per ton in March 2024, surging by 110% against the previous month. Overall, the import price continues to indicate modest growth. Over the period under review, average import prices reached the peak figure at $3,992 per ton in December 2023; however, from January 2024 to March 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($47,677 per ton), while the price for the UK ($1,178 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 Kazakhstan (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for oil seeds; linseed, whether or not brokens stood at $2,894 per ton in 2022, reducing by -27.6% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.2% against the previous year. Over the period under review, the average export prices hit record highs at $12,228 per ton in 2014; however, from 2015 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 Spain ($5,074 per ton), while the average price for exports to the UK stood at $2,858 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (-5.7%), while the prices for the other major destinations experienced a decline.

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

After two years of decline, purchases abroad of oil seeds; linseed, whether or not brokens increased by 16% to 700 tons in 2022. In general, imports, however, saw a abrupt downturn.

In value terms, imports of oil seeds; linseed, whether or not brokens expanded rapidly to $1.6M in 2022. Over the period under review, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United Kingdom (298.2 tons)
2. Kazakhstan (91.2 tons)
3. Netherlands (82.1 tons)
4. Germany (64.3 tons)
5. France (62.7 tons)
6. Turkey (20.1 tons)
7. Poland (16.7 tons)
8. United States (0.1 tons)

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

For the third year in a row, Ireland recorded decline in shipments abroad of oil seeds; linseed, whether or not brokens, which decreased by -82.8% to 24 tons in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -8.8% was in 2020.

In value terms, exports of oil seeds; linseed, whether or not brokens contracted markedly to $71K in 2022. In general, exports showed a dramatic contraction. The smallest decline of -7.4% was in 2020.

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

1. United Kingdom (24.0 tons)

Source: IndexBox Market Intelligence Platform