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

Contents:

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

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

In February 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $789 per ton, dropping by -9% against the previous month. Overall, the import price recorded a mild setback. The growth pace was the most rapid in July 2023 an increase of 26% against the previous month. As a result, import price reached the peak level of $1,088 per ton. From August 2023 to February 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From April 2023 to February 2024, the rate of growth in terms of prices for Canada amounted to -1.2% per month.

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

The average export price for oil seeds; linseed, whether or not brokens stood at $2,108 per ton in 2022, stabilizing at the previous year. Over the period under review, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2016 an increase of 120%. Over the period under review, the average export prices attained the maximum at $7,108 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($6,470 per ton), while the average price for exports to Kuwait ($1,212 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 Saudi Arabia (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Mexico contracted to 2.4K tons, declining by -8.4% on 2021. In general, imports continue to indicate a abrupt decrease.

In value terms, imports of oil seeds; linseed, whether or not brokens surged to $3.8M in 2022. Overall, total imports indicated a significant expansion from 2021 to 2022: its value increased at an average annual rate of +51.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Mexico (Million USD)
COUNTRY20212022CAGR,
2021-2022
Canada2.53.852.0%
OthersN/AN/A0%
Total2.53.852.0%

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

  1. Canada (2.4K tons)

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

In 2022, approx. 56 tons of oil seeds; linseed, whether or not brokens were exported from Mexico; growing by 353% compared with 2021 figures. In general, exports recorded a significant expansion. 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 $118K in 2022. Over the period under review, exports saw significant growth. 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 Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States15.646.715.883.775.1%
United Arab EmiratesN/A11.9N/A19.628.3%
KuwaitN/A8.3N/A14.431.7%
Canada4.710.3N/A0.1-72.3%
HondurasN/AN/A0.8N/A0%
Others1.314.19.40.3-38.7%
Total21.591.326.011876.4%

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

  1. United States (41.0 tons)
  2. Kuwait (11.9 tons)
  3. United Arab Emirates (3.0 tons)

Source: IndexBox Market Intelligence Platform

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