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

Contents:

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

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $2,833 per ton, which is down by -15.7% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% 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 +74.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 70% against the previous year. Over the period under review, average import prices attained the peak figure at $3,363 per ton in 2021, and then declined markedly in the following year.

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 Belgium ($6,746 per ton), while the price for Iran ($1,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for oil seeds; linseed, whether or not brokens stood at $1,126 per ton in 2022, declining by -51.6% against the previous year. In general, the export price, however, continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2019 an increase of 120%. Over the period under review, the average export prices attained the peak figure at $3,525 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +4.1% per year.

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

In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Oman soared to 33 tons, growing by 37% against the previous year. In general, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 188%. As a result, imports attained the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oil seeds; linseed, whether or not brokens surged to $95K in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 391% against the previous year. As a result, imports attained the peak of $129K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Oil Seeds; Linseed, Whether or Not Broken in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates7.382.447.758.199.7%
Iran2.77.713.018.389.2%
Belgium3.08.07.78.642.1%
United Kingdom1.819.82.22.917.2%
TurkeyN/A3.4N/AN/A0%
Ukraine9.0N/AN/AN/A0%
Others2.58.111.26.839.6%
Total26.412981.894.753.1%

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

  1. United Arab Emirates (19.7 tons)
  2. Iran (10.7 tons)
  3. Belgium (1.3 tons)
  4. United Kingdom (0.6 tons)

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

Exports of oil seeds; linseed, whether or not brokens from Oman dropped slightly to 11 tons in 2022, falling by -4.1% compared with 2021. Overall, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 998% against the previous year. As a result, the exports attained the peak of 11 tons, and then contracted in the following year.

In value terms, exports of oil seeds; linseed, whether or not brokens declined markedly to $12K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 624% against the previous year. As a result, the exports attained the peak of $26K, and then dropped markedly in the following year.

Export of Oil Seeds; Linseed, Whether or Not Broken in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar4.43.622.212.140.1%
United Arab EmiratesN/AN/A3.8N/A0%
OthersN/AN/AN/AN/A0%
Total4.43.626.012.140.1%

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

  1. Qatar (10.7 tons)

Source: IndexBox Market Intelligence Platform

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