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

Contents:

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

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

The average export price for oil seeds; linseed, whether or not brokens stood at $1,391 per ton in 2022, declining by -10.8% against the previous year. Over the period under review, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 25%. The export price peaked at $1,560 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,773 per ton), while the average price for exports to Australia ($1,041 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 China (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,354 per ton, which is down by -43.3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 42%. The import price peaked at $2,389 per ton in 2021, and then fell markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,712 per ton), while the price for Australia ($1,194 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of oil seeds; linseed, whether or not brokens decreased by -21.1% to 504 tons, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 45% against the previous year. As a result, the exports attained the peak of 692 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of oil seeds; linseed, whether or not brokens shrank notably to $701K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 81% against the previous year. As a result, the exports attained the peak of $1M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Oil Seeds; Linseed, Whether or Not Broken in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3157704573533.9%
Australia14621816823617.4%
Japan10229.71571020.0%
ChinaN/AN/A108N/A0%
Others3.29.710510.046.2%
Total5661,0279967017.4%

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

  1. Australia (227.1 tons)
  2. France (199.3 tons)
  3. Japan (75.0 tons)

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

In 2022, purchases abroad of oil seeds; linseed, whether or not brokens was finally on the rise to reach 489 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted a resilient 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 $662K in 2022. Overall, imports showed a resilient increase. 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 New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia34.750.3159502143.7%
India16452.41.6130-7.5%
United StatesN/A27.849.59.7-40.9%
China330175N/A5.6-74.3%
ArgentinaN/AN/A56.7N/A0%
Others11.8N/A71.214.05.9%
Total5403063386627.0%

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

  1. Australia (420.4 tons)
  2. India (58.7 tons)
  3. United States (2.1 tons)
  4. China (2.0 tons)

Source: IndexBox Market Intelligence Platform

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