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

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $700 per ton in 2022, jumping by 108% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $1,143 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 ($2,132 per ton), while the price for Ukraine ($468 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of oil seeds; linseed, whether or not brokens into Libya surged to 78 tons, with an increase of 16% against the previous year's figure. Over the period under review, imports posted a pronounced increase. The growth pace was the most rapid in 2021 with an increase of 204%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $55K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Oil Seeds; Linseed, Whether or Not Broken in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt3.02.66.327.2108.5%
Ukraine21.24.213.222.11.4%
India3.62.03.25.414.5%
Others0.30.20.10.2-12.6%
Total28.19.022.854.824.9%

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

  1. Ukraine (47.2 tons)
  2. Egypt (28.4 tons)
  3. India (2.5 tons)

Source: IndexBox Market Intelligence Platform

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