Price for Oil Seeds; Linseed, Whether or Not Broken in Singapore - 2023
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Singapore (CIF) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Singapore (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Singapore
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Singapore
Price for Oil Seeds; Linseed, Whether or Not Broken in Singapore (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,861 per ton, increasing by 24% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 26% against the previous year. The import price peaked at $2,535 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($6,005 per ton), while the price for Ukraine ($1,119 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Singapore (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $3,016 per ton, increasing by 28% against the previous year. In general, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.0% 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 +86.9% against 2020 indices. The growth pace was the most rapid in 2021 when the average export price increased by 46%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($3,277 per ton), while the average price for exports to Indonesia ($2,140 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 Malaysia (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Singapore
In 2022, imports of oil seeds; linseed, whether or not brokens into Singapore shrank sharply to 178 tons, which is down by -41.2% against 2021. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of 304 tons, and then declined dramatically in the following year.
In value terms, imports of oil seeds; linseed, whether or not brokens fell markedly to $332K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.8% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, imports attained the peak of $454K, and then declined significantly in the following year.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 112 | 52.6 | 89.6 | 123 | 3.2% |
| United States | 53.2 | 59.5 | 88.8 | 49.3 | -2.5% |
| Taiwan (Chinese) | 16.0 | 23.8 | 28.4 | 46.1 | 42.3% |
| Canada | 42.2 | 14.5 | 44.1 | 42.3 | 0.1% |
| China | 33.7 | 35.8 | 33.9 | 40.3 | 6.1% |
| India | 1.6 | 22.1 | 36.7 | 7.8 | 69.6% |
| Russia | N/A | 68.9 | 107 | N/A | 55.3% |
| Others | 28.1 | 30.0 | 25.1 | 23.3 | -6.1% |
| Total | 287 | 307 | 454 | 332 | 5.0% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Singapore in 2022:
- Ukraine (110.0 tons)
- Canada (22.2 tons)
- China (19.5 tons)
- United States (10.9 tons)
- Taiwan (Chinese) (7.7 tons)
- India (3.3 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Singapore
In 2022, after three years of growth, there was significant decline in overseas shipments of oil seeds; linseed, whether or not brokens, when their volume decreased by -20.6% to 30 tons. In general, exports, however, recorded a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 74% against the previous year. As a result, the exports attained the peak of 38 tons, and then shrank significantly in the following year.
In value terms, exports of oil seeds; linseed, whether or not brokens rose modestly to $91K in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 20.7 | 17.6 | 37.1 | 72.5 | 51.9% |
| Indonesia | 8.3 | 3.6 | 3.2 | 8.7 | 1.6% |
| Thailand | 10.1 | 10.3 | 6.1 | 7.7 | -8.6% |
| Vietnam | 5.0 | 2.6 | 42.9 | 1.4 | -34.6% |
| Others | 1.6 | 1.3 | 0.5 | 0.8 | -20.6% |
| Total | 45.8 | 35.3 | 89.7 | 91.1 | 25.8% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Singapore in 2022:
- Malaysia (22.1 tons)
- Indonesia (4.0 tons)
- Thailand (3.4 tons)
- Vietnam (0.5 tons)
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This report provides an in-depth analysis of the global linseed market.
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Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2697
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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Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
