Price for Oil Seeds; Linseed, Whether or Not Broken in Morocco - 2023
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Morocco (CIF) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Morocco (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Morocco
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Morocco
Price for Oil Seeds; Linseed, Whether or Not Broken in Morocco (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,148 per ton, with an increase of 16% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; linseed, whether or not brokens increased by +85.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 37%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Kazakhstan ($1,271 per ton) and Egypt ($1,217 per ton), while the price for Russia ($1,071 per ton) and Ukraine ($1,103 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Morocco (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $5,502 per ton, jumping by 54% against the previous year. Overall, the export price saw a prominent expansion. The growth pace was the most rapid in 2018 when the average export price increased by 366% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.
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 New Caledonia ($14,775 per ton), while the average price for exports to France stood at $5,355 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+66.6%).
Imports of Oil Seeds; Linseed, Whether or Not Broken in Morocco
In 2022, after three years of growth, there was significant decline in purchases abroad of oil seeds; linseed, whether or not brokens, when their volume decreased by -26.1% to 1.8K tons. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 111%.
In value terms, imports of oil seeds; linseed, whether or not brokens contracted to $2M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 146% against the previous year. As a result, imports reached the peak of $2.4M, and then contracted in the following year.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | N/A | 43.1 | 788 | 566 | 262.4% |
| Russia | 3.8 | 72.0 | 50.0 | 554 | 426.3% |
| Kazakhstan | 2.8 | 6.0 | 13.0 | 451 | 444.1% |
| Canada | 392 | 701 | 1,191 | 251 | -13.8% |
| Egypt | N/A | 119 | 189 | 180 | 23.0% |
| Others | 32.6 | 24.4 | 142 | 24.4 | -9.2% |
| Total | 432 | 965 | 2,373 | 2,027 | 67.4% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Morocco in 2022:
- Russia (517.4 tons)
- Ukraine (513.2 tons)
- Kazakhstan (355.1 tons)
- Canada (220.6 tons)
- Egypt (147.8 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Morocco
In 2022, the amount of oil seeds; linseed, whether or not brokens exported from Morocco skyrocketed to 2.6 tons, rising by 30% against the previous year. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 396%. As a result, the exports reached the peak of 2.9 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of oil seeds; linseed, whether or not brokens surged to $14K in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 382% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.5 | 4.8 | 7.0 | 13.6 | 108.5% |
| New Caledonia | N/A | N/A | N/A | 0.6 | 0% |
| Spain | N/A | 2.5 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 1.5 | 7.2 | 7.1 | 14.2 | 111.5% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Morocco in 2022:
- France (2.5 tons)
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