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

Contents:

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

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,102 per ton, surging by 14% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 +102.2% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 37% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Kazakhstan ($1,315 per ton) and Ukraine ($1,040 per ton), while the price for Russia ($899 per ton) and Belarus ($921 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $4,156 per ton, with an increase of 186% against the previous year. Over the period under review, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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 the Netherlands ($15,221 per ton), while the average price for exports to Bosnia and Herzegovina ($800 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 Montenegro (+5.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of oil seeds; linseed, whether or not brokens into Serbia declined to 1.3K tons, which is down by -10.6% compared with 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, imports reached the peak of 1.4K tons, and then dropped in the following year.

In value terms, imports of oil seeds; linseed, whether or not brokens rose slightly to $1.4M in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 62%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Oil Seeds; Linseed, Whether or Not Broken in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine5144337256136.0%
Kazakhstan10.1219230457256.3%
Russia1831362252196.2%
Poland5.842.558.548.9103.5%
BelarusN/AN/A88.736.9-58.4%
Others32.630.367.047.113.0%
Total7458611,3941,42224.0%

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

  1. Ukraine (589.8 tons)
  2. Kazakhstan (347.3 tons)
  3. Russia (243.7 tons)
  4. Poland (52.1 tons)
  5. Belarus (40.0 tons)

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

In 2022, the amount of oil seeds; linseed, whether or not brokens exported from Serbia contracted rapidly to 33 tons, reducing by -28.4% on the previous year's figure. In general, exports faced a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 25% against the previous year.

In value terms, exports of oil seeds; linseed, whether or not brokens skyrocketed to $139K in 2022. Over the period under review, exports, however, showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Oil Seeds; Linseed, Whether or Not Broken in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/AN/AN/A59.30%
Montenegro32.633.244.236.84.1%
NetherlandsN/AN/AN/A30.60%
Albania12.57.218.611.1-3.9%
North Macedonia0.80.60.61.317.6%
Bosnia and Herzegovina2.51.00.20.1-65.8%
Croatia1.11.92.0N/A34.8%
OthersN/A1.92.4N/A26.3%
Total49.545.868.013941.1%

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

  1. Montenegro (18.3 tons)
  2. Albania (7.7 tons)
  3. Poland (3.9 tons)
  4. Netherlands (2.0 tons)
  5. North Macedonia (1.5 tons)
  6. Bosnia and Herzegovina (0.1 tons)

Source: IndexBox Market Intelligence Platform

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