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

Contents:

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

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

In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $965 per ton, rising by 11% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 28% month-to-month. As a result, import price reached the peak level of $970 per ton. From November 2023 to March 2024, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was India ($1,261 per ton), while the price for Poland ($753 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 Poland (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for oil seeds; linseed, whether or not brokens stood at $1,294 per ton in 2022, with an increase of 30% against the previous year. In general, the export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 71% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($1,759 per ton), while the average price for exports to Poland ($593 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 Italy (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of oil seeds; linseed, whether or not brokens was finally on the rise to reach 4.9K tons after two years of decline. Overall, imports, however, continue to indicate a abrupt slump.

In value terms, imports of oil seeds; linseed, whether or not brokens surged to $5.5M in 2022. Over the period under review, imports, however, recorded a perceptible decrease.

Import of Oil Seeds; Linseed, Whether or Not Broken in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan3206559892,848107.2%
Russia0.21663588201500.5%
Poland53447890075012.0%
BelgiumN/A94.315.2405107.2%
MoldovaN/AN/A437256-41.4%
Latvia1,2931,160116126-54.0%
Ukraine1091691691234.1%
Estonia2,07917479.4102-63.4%
Others1,79221895.835.9-72.8%
Total6,1273,1143,1595,467-3.7%

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

  1. Kazakhstan (2611.9 tons)
  2. Russia (672.5 tons)
  3. Poland (663.0 tons)
  4. Belgium (371.3 tons)
  5. Moldova (247.5 tons)
  6. Ukraine (143.0 tons)
  7. Estonia (81.1 tons)
  8. Latvia (71.1 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of oil seeds; linseed, whether or not brokens, when their volume increased by 53% to 3K tons. Overall, exports, however, faced a sharp downturn.

In value terms, exports of oil seeds; linseed, whether or not brokens skyrocketed to $3.9M in 2022. Over the period under review, exports, however, saw a sharp reduction.

Export of Oil Seeds; Linseed, Whether or Not Broken in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,8227337362,392-14.5%
France9.47.5103409251.7%
Latvia1,152988271265-38.7%
Poland34.162.119.125294.8%
HungaryN/AN/AN/A1370%
Italy57.881.617610722.8%
Netherlands95535620.896.7-53.4%
Belgium10,2981,26121.671.3-80.9%
Austria19734451140.3-41.1%
Others283421116156-18.0%
Total16,8084,2541,9753,927-38.4%

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

  1. Germany (1660.0 tons)
  2. Poland (424.5 tons)
  3. France (272.8 tons)
  4. Latvia (209.8 tons)
  5. Italy (92.2 tons)
  6. Netherlands (88.8 tons)
  7. Hungary (85.0 tons)
  8. Belgium (65.8 tons)
  9. Austria (22.9 tons)

Source: IndexBox Market Intelligence Platform

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