Price for Oil Seeds; Linseed, Whether or Not Broken in Latvia - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Latvia (FOB) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Latvia (CIF) - 2024
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Latvia
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Latvia
Price for Oil Seeds; Linseed, Whether or Not Broken in Latvia (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $883 per ton, jumping by 22% against the previous year. Overall, the export price saw noticeable growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 113% against the previous year. As a result, the export price reached the peak level of $1,266 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Lithuania ($1,122 per ton) and Poland ($1,066 per ton), while the average price for exports to Germany ($837 per ton) and Belgium ($913 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Latvia (CIF) - 2024
The average import price for oil seeds; linseed, whether or not brokens stood at $461 per ton in March 2024, dropping by -37.4% against the previous month. In general, the import price continues to indicate a noticeable curtailment. The growth pace was the most rapid in September 2023 an increase of 149% month-to-month. As a result, import price attained the peak level of $1,926 per ton. From October 2023 to March 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($835 per ton), while the price for Russia ($447 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 Russia (-0.4%), while the prices for the other major suppliers experienced a decline.
Exports of Oil Seeds; Linseed, Whether or Not Broken in Latvia
In 2022, after two years of decline, there was significant growth in shipments abroad of oil seeds; linseed, whether or not brokens, when their volume increased by 503% to 6.7K tons. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; linseed, whether or not brokens surged to $5.9M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 2,867 | 0% |
| Belgium | 14.6 | N/A | N/A | 2,776 | 475.0% |
| Lithuania | 1,152 | 860 | 513 | 120 | -52.9% |
| Poland | 411 | N/A | 1.0 | 54.0 | -49.2% |
| Estonia | 36.7 | 52.0 | 86.2 | 41.4 | 4.1% |
| Norway | N/A | 175 | 161 | N/A | -8.0% |
| Others | 0.5 | 67.7 | 37.0 | 23.2 | 259.3% |
| Total | 1,615 | 1,155 | 798 | 5,882 | 53.9% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Latvia in 2022:
- Germany (3.4K tons)
- Belgium (3.0K tons)
- Poland (0.1K tons)
- Lithuania (0.1K tons)
Imports of Oil Seeds; Linseed, Whether or Not Broken in Latvia
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens were finally on the rise to reach 6.1K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; linseed, whether or not brokens soared to $5.6M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,119 | 709 | 471 | 3,136 | 41.0% |
| Kazakhstan | 492 | 510 | 263 | 1,536 | 46.2% |
| Ukraine | 52.3 | 28.1 | 21.9 | 416 | 99.6% |
| Lithuania | 103 | 256 | 412 | 253 | 34.9% |
| Poland | 186 | 205 | 208 | 150 | -6.9% |
| Belgium | N/A | 17.3 | 58.2 | 94.9 | 134.2% |
| Others | 47.3 | 79.9 | 54.8 | 39.0 | -6.2% |
| Total | 1,999 | 1,806 | 1,489 | 5,626 | 41.2% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Latvia in 2022:
- Russia (3112.3 tons)
- Kazakhstan (2092.1 tons)
- Ukraine (399.3 tons)
- Lithuania (215.0 tons)
- Poland (127.7 tons)
- Belgium (93.0 tons)
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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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In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
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