Price for Oil Seeds; Linseed, Whether or Not Broken in South Africa - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in South Africa (CIF) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in South Africa (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in South Africa
- Exports of Oil Seeds; Linseed, Whether or Not Broken in South Africa
Price for Oil Seeds; Linseed, Whether or Not Broken in South Africa (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,105 per ton, surging by 13% against the previous year. Overall, import price indicated a notable increase 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, import price for oil seeds; linseed, whether or not brokens increased by +70.6% against 2018 indices. The growth pace was the most rapid in 2021 an increase of 41%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($1,582 per ton), while the price for Ukraine ($992 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in South Africa (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $2,575 per ton in 2022, with an increase of 17% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 27% against the previous year. The export price peaked at $2,637 per ton in 2012; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Swaziland ($3,858 per ton), while the average price for exports to Lesotho ($947 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 Mozambique (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in South Africa
In 2022, imports of oil seeds; linseed, whether or not brokens into South Africa skyrocketed to 1.6K tons, increasing by 56% on the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; linseed, whether or not brokens surged to $1.7M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Linseed, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 174 | 311 | 338 | 1,023 | 80.5% |
| Canada | 353 | 395 | 335 | 184 | -19.5% |
| India | 29.0 | 14.2 | 11.8 | 147 | 71.8% |
| Netherlands | 21.6 | 51.6 | 33.8 | 123 | 78.6% |
| Belgium | N/A | 0.1 | 27.4 | 76.5 | 2665.9% |
| Kazakhstan | N/A | 15.7 | 54.3 | 69.6 | 110.5% |
| Bulgaria | N/A | N/A | N/A | 59.1 | 0% |
| Russia | 24.3 | 65.6 | 100 | N/A | 102.9% |
| United States | 64.0 | 49.3 | 33.0 | N/A | -28.2% |
| Poland | 56.0 | 17.3 | N/A | N/A | -69.1% |
| Others | 38.4 | 69.9 | 42.9 | 49.1 | 8.5% |
| Total | 760 | 990 | 977 | 1,731 | 31.6% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to South Africa in 2022:
- Ukraine (1031.5 tons)
- Canada (136.4 tons)
- India (119.2 tons)
- Netherlands (81.7 tons)
- Belgium (65.0 tons)
- Bulgaria (48.5 tons)
- Kazakhstan (44.0 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in South Africa
In 2022, overseas shipments of oil seeds; linseed, whether or not brokens were finally on the rise to reach 10 tons after two years of decline. Over the period under review, exports, however, recorded a drastic downturn.
In value terms, exports of oil seeds; linseed, whether or not brokens soared to $27K in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Linseed, Whether or Not Broken in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 1.5 | 1.7 | 2.0 | 6.8 | 65.5% |
| Namibia | 7.8 | 6.3 | 7.8 | 6.4 | -6.4% |
| Zimbabwe | 1.4 | 2.4 | 0.7 | 4.6 | 48.7% |
| Tanzania | 2.0 | 2.5 | 2.0 | 3.9 | 24.9% |
| Zambia | 2.4 | 1.2 | 2.0 | 1.4 | -16.4% |
| Swaziland | 0.9 | 1.1 | 1.2 | 1.2 | 10.1% |
| Mozambique | 1.7 | 1.7 | 0.2 | 0.8 | -22.2% |
| Lesotho | 2.4 | 2.0 | 0.3 | 0.7 | -33.7% |
| Others | 2.6 | 4.0 | 3.5 | 1.3 | -20.6% |
| Total | 22.7 | 22.8 | 19.7 | 27.0 | 6.0% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from South Africa in 2022:
- Botswana (2.6 tons)
- Namibia (2.4 tons)
- Tanzania (1.6 tons)
- Zimbabwe (1.6 tons)
- Lesotho (0.7 tons)
- Zambia (0.6 tons)
- Swaziland (0.3 tons)
- Mozambique (0.3 tons)
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