Price for Oil Seeds; Linseed, Whether or Not Broken in South Korea - 2022

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in South Korea (CIF) - 2022
  2. Imports of Oil Seeds; Linseed, Whether or Not Broken in South Korea

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

The average import price for oil seeds; linseed, whether or not brokens stood at $817 per ton in 2022, rising by 3.4% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 an increase of 10%. Over the period under review, average import prices attained the peak figure at $1,111 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($3,547 per ton), while the price for Ukraine ($618 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.1%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -35.9% to 1.6K tons in 2022. Overall, imports, however, recorded a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 87% against the previous year.

In value terms, imports of oil seeds; linseed, whether or not brokens reduced dramatically to $1.3M in 2022. In general, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 78%.

Import of Oil Seeds; Linseed, Whether or Not Broken in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia99.342983867489.3%
Canada455797666291-13.8%
China44.058.156.195.029.2%
KazakhstanN/AN/A91.776.8-16.2%
Ukraine15681.611063.8-25.8%
United States98.715318563.7-13.6%
EgyptN/AN/AN/A25.50%
Others5.97.410.76.53.3%
Total8591,5271,9571,29614.7%

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

  1. Russia (921.7 tons)
  2. Canada (302.5 tons)
  3. Ukraine (103.3 tons)
  4. Kazakhstan (97.6 tons)
  5. China (94.7 tons)
  6. Egypt (39.7 tons)
  7. United States (17.9 tons)

Source: IndexBox Market Intelligence Platform

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