Price for Oil Seeds; Linseed, Whether or Not Broken in Slovakia - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Slovakia (CIF) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Slovakia (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Slovakia
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Slovakia
Price for Oil Seeds; Linseed, Whether or Not Broken in Slovakia (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,342 per ton, with an increase of 7.7% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 +74.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 38%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($2,800 per ton), while the price for Poland ($1,053 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Slovakia (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $862 per ton, which is down by -4.5% against the previous year. In general, the export price showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 27% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,187 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($1,749 per ton), while the average price for exports to Switzerland ($384 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 Romania (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Slovakia
For the third consecutive year, Slovakia recorded decline in supplies from abroad of oil seeds; linseed, whether or not brokens, which decreased by -4.6% to 541 tons in 2022. In general, imports saw a sharp curtailment.
In value terms, imports of oil seeds; linseed, whether or not brokens rose modestly to $725K in 2022. Overall, imports continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2021 when imports increased by 23%.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 144 | 174 | 285 | 228 | 16.6% |
| Czech Republic | 101 | 210 | 150 | 155 | 15.3% |
| Germany | 7.8 | 7.4 | 124 | 124 | 151.4% |
| Belgium | N/A | N/A | N/A | 105 | 0% |
| Hungary | 43.6 | 73.0 | 90.4 | 99.9 | 31.8% |
| Ukraine | 404 | 79.4 | 19.8 | 7.1 | -74.0% |
| Russia | 64.9 | N/A | N/A | N/A | 0% |
| Others | 54.9 | 31.5 | 36.3 | 6.2 | -51.7% |
| Total | 820 | 575 | 706 | 725 | -4.0% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Slovakia in 2022:
- Poland (216.7 tons)
- Czech Republic (103.9 tons)
- Belgium (97.0 tons)
- Germany (76.3 tons)
- Hungary (35.7 tons)
- Ukraine (6.0 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Slovakia
In 2022, exports of oil seeds; linseed, whether or not brokens from Slovakia reduced remarkably to 512 tons, dropping by -37.5% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports attained the peak of 818 tons, and then fell sharply in the following year.
In value terms, exports of oil seeds; linseed, whether or not brokens dropped notably to $441K in 2022. In general, exports showed a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of $739K, and then contracted significantly in the following year.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 104 | 57.0 | 94.5 | 142 | 10.9% |
| Hungary | 22.2 | 32.4 | 34.5 | 99.0 | 64.6% |
| Austria | 50.9 | 16.3 | 338 | 72.5 | 12.5% |
| Romania | 0.9 | 4.3 | 2.9 | 42.2 | 260.6% |
| Czech Republic | 60.8 | 90.9 | 73.2 | 26.3 | -24.4% |
| Germany | 108 | 125 | 78.0 | 23.8 | -39.6% |
| Switzerland | 51.6 | 32.7 | 24.8 | 12.7 | -37.3% |
| Poland | 55.6 | 48.5 | 36.8 | 1.6 | -69.4% |
| Netherlands | 22.8 | 123 | N/A | N/A | 439.5% |
| Others | 3.4 | 42.3 | 55.6 | 21.5 | 84.9% |
| Total | 480 | 572 | 739 | 441 | -2.8% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Slovakia in 2022:
- Italy (203.3 tons)
- Hungary (105.6 tons)
- Austria (80.0 tons)
- Switzerland (33.0 tons)
- Germany (27.2 tons)
- Romania (24.2 tons)
- Czech Republic (20.3 tons)
- Poland (1.5 tons)
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