Price for Oil Seeds; Linseed, Whether or Not Broken in Panama - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Panama (CIF) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Panama
Price for Oil Seeds; Linseed, Whether or Not Broken in Panama (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $3,035 per ton, jumping by 18% against the previous year. Overall, the import price showed a strong expansion. The growth pace was the most rapid in 2017 when the average import price increased by 79%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Guatemala ($4,410 per ton), while the price for China ($1,785 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Guatemala (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Panama
In 2022, purchases abroad of oil seeds; linseed, whether or not brokens decreased by -39.2% to 34 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 56% against the previous year.
In value terms, imports of oil seeds; linseed, whether or not brokens contracted remarkably to $102K in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 88% against the previous year.
Import of Oil Seeds; Linseed, Whether or Not Broken in Panama (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 27.1 | 59.3 | 85.1 | 52.5 | 24.7% |
Guatemala | 21.6 | 35.2 | 44.2 | 30.3 | 11.9% |
United States | 6.8 | 10.9 | 11.3 | 8.4 | 7.3% |
China | N/A | N/A | N/A | 4.5 | 0% |
Spain | N/A | N/A | 0.4 | 3.0 | 650.0% |
Others | 1.5 | 1.5 | 1.4 | 3.2 | 28.7% |
Total | 57.0 | 107 | 142 | 102 | 21.4% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Panama in 2022:
- Canada (18.7 tons)
- Guatemala (6.9 tons)
- United States (3.8 tons)
- China (2.5 tons)
- Spain (0.7 tons)
This report provides an in-depth analysis of the linseed market in Panama.
This report provides an in-depth analysis of the global linseed market.
This report provides an in-depth analysis of the linseed market in Panama.
This report provides an in-depth analysis of the global linseed market.
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In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
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