Price for Oil Seeds; Linseed, Whether or Not Broken in Sri Lanka - 2022

Contents:

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

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

In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $7,634 per ton, shrinking by -41% against the previous year. Over the period under review, the export price, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 138% against the previous year. As a result, the export price reached the peak level of $12,939 per ton, and then dropped notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($16,600 per ton), while the average price for exports to Maldives ($7,000 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 Maldives (+4.6%).

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

The average import price for oil seeds; linseed, whether or not brokens stood at $401 per ton in 2022, declining by -12.5% against the previous year. Overall, the import price saw a deep slump. The growth pace was the most rapid in 2016 an increase of 25%. Over the period under review, average import prices reached the maximum at $1,052 per ton in 2012; however, from 2013 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 Australia ($2,750 per ton), while the price for India ($353 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-9.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of oil seeds; linseed, whether or not brokens increased by 67% to 82 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic curtailment.

In value terms, exports of oil seeds; linseed, whether or not brokens contracted slightly to $626 in 2022. Over the period under review, exports, however, showed a abrupt decline.

Export of Oil Seeds; Linseed, Whether or Not Broken in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A5360%
Czech RepublicN/AN/A51283.0-83.8%
Maldives8794.01227.0-80.0%
GermanyN/A784N/AN/A0%
OthersN/AN/AN/AN/A0%
Total879788634626-10.7%

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

  1. Netherlands (76.0 kg)
  2. Czech Republic (5.0 kg)
  3. Maldives (1.0 kg)

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

In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Sri Lanka dropped to 227 kg, with a decrease of -5.4% against 2021 figures. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.3%.

In value terms, imports of oil seeds; linseed, whether or not brokens contracted notably to $91 in 2022. In general, imports showed a abrupt slump. The smallest decline of -14.7% was in 2021.

Import of Oil Seeds; Linseed, Whether or Not Broken in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12573.075.078.0-14.5%
Australia25.049.018.011.0-23.9%
BelgiumN/A4.05.0N/A25.0%
Others2.03.012.02.00.0%
Total15212911091.0-15.7%

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

  1. India (221.0 kg)
  2. Australia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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