Price for Oil Seeds; Linseed, Whether or Not Broken in Italy - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Italy (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in Italy (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Italy
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Italy
Price for Oil Seeds; Linseed, Whether or Not Broken in Italy (CIF) - 2024
In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $552 per ton, with a decrease of -2.5% against the previous month. In general, the import price showed a slight descent. The pace of growth was the most pronounced in December 2023 an increase of 22% against the previous month. As a result, import price reached the peak level of $779 per ton. From January 2024 to March 2024, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Ukraine ($571 per ton), while the price for Russia totaled $542 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by France (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Linseed, Whether or Not Broken in Italy (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $2,187 per ton, shrinking by -4.5% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the average export price increased by 34%. The export price peaked at $2,290 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($4,881 per ton), while the average price for exports to Cyprus ($960 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 Slovenia (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Italy
In 2022, supplies from abroad of oil seeds; linseed, whether or not brokens decreased by -9.3% to 32K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. As a result, imports reached the peak of 44K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oil seeds; linseed, whether or not brokens totaled $29M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Oil Seeds; Linseed, Whether or Not Broken in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 7.7 | 12.2 | 13.3 | 14.1 | 22.3% |
Poland | 5.0 | 4.7 | 8.1 | 8.6 | 19.8% |
Netherlands | 0.6 | 0.7 | 1.0 | 1.4 | 32.6% |
France | 0.6 | 0.7 | 0.8 | 0.9 | 14.5% |
Germany | 0.5 | 0.4 | 1.9 | 0.9 | 21.6% |
Ukraine | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
Slovenia | 0.9 | N/A | N/A | 0.5 | -17.8% |
Belgium | 0.7 | 2.8 | 0.9 | 0.5 | -10.6% |
Kazakhstan | 0.4 | 1.8 | 0.2 | 0.1 | -37.0% |
Others | 1.8 | 1.9 | 2.0 | 1.6 | -3.9% |
Total | 18.3 | 25.3 | 28.4 | 29.3 | 17.0% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Italy in 2022:
- Russia (17.1K tons)
- Poland (9.1K tons)
- France (1.1K tons)
- Netherlands (0.8K tons)
- Germany (0.8K tons)
- Ukraine (0.7K tons)
- Slovenia (0.6K tons)
- Belgium (0.4K tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Italy
In 2022, approx. 1.5K tons of oil seeds; linseed, whether or not brokens were exported from Italy; jumping by 26% against the year before. The total export volume increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; linseed, whether or not brokens soared to $3.3M in 2022. The total export value increased at an average annual rate of +12.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Oil Seeds; Linseed, Whether or Not Broken in Italy (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 716 | 848 | 848 | 991 | 11.4% |
France | 610 | 717 | 516 | 405 | -12.8% |
Germany | 133 | 193 | 162 | 356 | 38.8% |
Sweden | 200 | 166 | 195 | 320 | 17.0% |
Belgium | 139 | 302 | 375 | 319 | 31.9% |
Austria | 135 | 133 | 100 | 280 | 27.5% |
Croatia | 9.7 | 14.7 | 50.1 | 189 | 169.1% |
Poland | 0.8 | 10.4 | 53.5 | 91.1 | 384.7% |
Cyprus | 102 | 61.9 | 133 | 86.8 | -5.2% |
Others | 284 | 342 | 300 | 256 | -3.4% |
Total | 2,330 | 2,787 | 2,732 | 3,294 | 12.2% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Italy in 2022:
- Spain (255.7 tons)
- Sweden (220.3 tons)
- Austria (190.0 tons)
- France (176.2 tons)
- Germany (164.7 tons)
- Croatia (148.2 tons)
- Cyprus (90.5 tons)
- Belgium (78.8 tons)
- Poland (74.5 tons)
This report provides an in-depth analysis of the linseed market in Italy.
This report provides an in-depth analysis of the global linseed market.
This report provides an in-depth analysis of the linseed market in Italy.
This report provides an in-depth analysis of the global linseed market.
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Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
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