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

Contents:

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

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,254 per ton, surging by 6.7% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 36%. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Italy ($2,505 per ton), while the price for Moldova ($974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,105 per ton, waning by -3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2020 an increase of 28% against the previous year. As a result, the export price attained the peak level of $1,180 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Austria ($1,467 per ton), while the average price for exports to Greece ($504 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 Moldova (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of oil seeds; linseed, whether or not brokens into Romania expanded rapidly to 2.1K tons in 2022, growing by 7.4% compared with the year before. The total import volume increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of oil seeds; linseed, whether or not brokens expanded significantly to $2.6M in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 42%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3445441,0851,18050.8%
Netherlands15317629430826.3%
Ukraine297373321280-1.9%
Moldova10.716.270.5254187.4%
Bulgaria9.233.675.393.9116.9%
CroatiaN/A1.244.772.7678.4%
Germany80.617112764.3-7.3%
BelgiumN/A17.30.357.782.6%
Russia96.30.916.3N/A-58.9%
Kazakhstan53.625478.0N/A20.6%
Others17514013726615.0%
Total1,2201,7272,2492,57728.3%

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

  1. Poland (998.6 tons)
  2. Ukraine (277.5 tons)
  3. Moldova (260.6 tons)
  4. Netherlands (182.3 tons)
  5. Croatia (58.1 tons)
  6. Belgium (45.0 tons)
  7. Bulgaria (41.9 tons)
  8. Germany (35.1 tons)

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

For the third consecutive year, Romania recorded decline in overseas shipments of oil seeds; linseed, whether or not brokens, which decreased by -51% to 407 tons in 2022. Over the period under review, exports showed a precipitous decline. The smallest decline of -14.4% was in 2021.

In value terms, exports of oil seeds; linseed, whether or not brokens fell markedly to $450K in 2022. In general, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 5.1%. As a result, the exports attained the peak of $1.1M. 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany439741618197-23.4%
Moldova1.02.43.295.8357.6%
Austria39810972.563.2-45.8%
Italy17822215428.2-45.9%
LithuaniaN/AN/AN/A27.10%
BelgiumN/AN/A36.612.8-65.0%
Greece4.2N/AN/A11.238.7%
Netherlands10.452.323.90.4-66.2%
Others59.117.942.014.4-37.5%
Total1,0891,145950450-25.5%

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

  1. Germany (160.3 tons)
  2. Moldova (76.0 tons)
  3. Austria (43.1 tons)
  4. Italy (37.3 tons)
  5. Lithuania (33.0 tons)
  6. Greece (22.3 tons)
  7. Belgium (18.6 tons)
  8. Netherlands (0.4 tons)

Source: IndexBox Market Intelligence Platform

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