Price for Oil Seeds; Linseed, Whether or Not Broken in Russia - 2022
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Russia (FOB) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Russia (CIF) - 2022
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Russia
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Russia
Price for Oil Seeds; Linseed, Whether or Not Broken in Russia (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $752 per ton in 2022, flattening at the previous year. Over the period under review, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oil seeds; linseed, whether or not brokens increased by +85.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,095 per ton), while the average price for exports to Kazakhstan ($518 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 the United States (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Russia (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $582 per ton, declining by -11.4% against the previous year. Overall, the import price recorded a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. The import price peaked at $874 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Kazakhstan amounted to +8.3% per year.
Exports of Oil Seeds; Linseed, Whether or Not Broken in Russia
In 2022, exports of oil seeds; linseed, whether or not brokens from Russia surged to 787K tons, rising by 61% compared with the previous year. In general, exports recorded a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of oil seeds; linseed, whether or not brokens soared to $592M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 98%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 85.0 | 43.5 | 130 | 286 | 49.8% |
| Belgium | 86.2 | 71.4 | 123 | 143 | 18.4% |
| United States | N/A | N/A | 7.1 | 46.2 | 550.7% |
| Germany | 18.4 | 24.3 | 28.6 | 32.0 | 20.3% |
| Turkey | 9.7 | 2.9 | 31.8 | 22.5 | 32.4% |
| Poland | 10.1 | 16.4 | 17.3 | 19.0 | 23.4% |
| Italy | 7.7 | 12.1 | 13.3 | 14.1 | 22.3% |
| Kazakhstan | 0.5 | 0.4 | 1.3 | 11.4 | 183.6% |
| Others | 15.4 | 13.7 | 13.0 | 17.7 | 4.7% |
| Total | 233 | 185 | 365 | 592 | 36.5% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Russia in 2022:
- China (432.1K tons)
- Belgium (166.6K tons)
- United States (42.2K tons)
- Germany (36.0K tons)
- Turkey (27.8K tons)
- Poland (25.0K tons)
- Kazakhstan (21.9K tons)
- Italy (17.1K tons)
Imports of Oil Seeds; Linseed, Whether or Not Broken in Russia
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -42.2% to 25K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 40%. As a result, imports reached the peak of 43K tons, and then fell rapidly in the following year.
In value terms, imports of oil seeds; linseed, whether or not brokens declined remarkably to $14M in 2022. Overall, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. As a result, imports attained the peak of $28M, and then dropped markedly in the following year.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 9.5 | 11.8 | 27.3 | 14.0 | 13.8% |
| Others | 0.6 | 0.4 | 0.6 | 0.3 | -20.6% |
| Total | 10.1 | 12.2 | 27.9 | 14.3 | 12.3% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Russia in 2022:
- Kazakhstan (24.5K tons)
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