Price for Oil Seeds; Linseed, Whether or Not Broken in Switzerland - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Switzerland (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in Switzerland (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Switzerland
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Switzerland
Price for Oil Seeds; Linseed, Whether or Not Broken in Switzerland (CIF) - 2024
In May 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $874 per ton, picking up by 1.7% against the previous month. In general, the import price, however, showed a pronounced slump. The growth pace was the most rapid in October 2023 an increase of 15% month-to-month. The import price peaked at $1,205 per ton in May 2023; however, from June 2023 to May 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($3,245 per ton), while the price for Germany ($661 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Canada (+2.7%), while the prices for the other major suppliers experienced a decline.
Price for Oil Seeds; Linseed, Whether or Not Broken in Switzerland (FOB) - 2022
The average export price for oil seeds; linseed, whether or not brokens stood at $1,872 per ton in 2022, which is down by -14.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 63% against the previous year. The export price peaked at $4,278 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,192 per ton), while the average price for exports to France ($832 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 India (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Switzerland
For the third consecutive year, Switzerland recorded decline in overseas purchases of oil seeds; linseed, whether or not brokens, which decreased by -16% to 6.8K tons in 2022. Overall, imports showed a abrupt slump. The smallest decline of -6.6% was in 2020.
In value terms, imports of oil seeds; linseed, whether or not brokens amounted to $7.5M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 857 | 1,316 | 2,216 | 2,006 | 32.8% |
| Belgium | 1,434 | 749 | 1,028 | 1,357 | -1.8% |
| France | 137 | 440 | 1,125 | 1,161 | 103.9% |
| Germany | 1,787 | 1,807 | 1,444 | 912 | -20.1% |
| Netherlands | 264 | 327 | 243 | 746 | 41.4% |
| Ukraine | 102 | 408 | 213 | 566 | 77.0% |
| Russia | 313 | 508 | 42.5 | 95.1 | -32.8% |
| Others | 988 | 794 | 1,224 | 696 | -11.0% |
| Total | 5,881 | 6,348 | 7,536 | 7,538 | 8.6% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Switzerland in 2022:
- Kazakhstan (1970.1 tons)
- Belgium (1541.9 tons)
- France (1200.0 tons)
- Germany (915.1 tons)
- Netherlands (408.6 tons)
- Ukraine (353.0 tons)
- Russia (87.0 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Switzerland
Exports of oil seeds; linseed, whether or not brokens from Switzerland expanded significantly to 70 tons in 2022, increasing by 5.8% compared with 2021 figures. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 211%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of oil seeds; linseed, whether or not brokens dropped to $130K in 2022. In general, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 175% against the previous year. As a result, the exports reached the peak of $144K, and then dropped in the following year.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 9.2 | 6.3 | 18.6 | 66.3 | 93.2% |
| Germany | 74.5 | 43.8 | 55.8 | 39.2 | -19.3% |
| Netherlands | N/A | N/A | 37.5 | 23.8 | -36.5% |
| France | 0.3 | N/A | 0.6 | 1.1 | 54.2% |
| Belgium | N/A | N/A | 7.9 | N/A | 0% |
| India | N/A | N/A | 23.5 | N/A | 0% |
| Others | 2.0 | 2.2 | N/A | N/A | 10.0% |
| Total | 86.0 | 52.2 | 144 | 130 | 14.8% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Switzerland in 2022:
- Austria (38.5 tons)
- Germany (19.0 tons)
- Netherlands (10.8 tons)
- France (1.3 tons)
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