Price for Oil Seeds; Linseed, Whether or Not Broken in Tanzania - 2023
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Tanzania (CIF) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Tanzania
Price for Oil Seeds; Linseed, Whether or Not Broken in Tanzania (CIF) - 2022
In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $435 per ton, reducing by -54.4% against the previous year. In general, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2015 an increase of 88% against the previous year. The import price peaked at $954 per ton in 2021, and then contracted remarkably in the following year.
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 South Africa ($588 per ton), while the price for Jordan ($236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Tanzania
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens were finally on the rise to reach 9.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; linseed, whether or not brokens soared to $4.3K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Oil Seeds; Linseed, Whether or Not Broken in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.5 | 0.6 | N/A | 2.3 | 66.3% |
South Africa | 2.8 | 1.8 | 3.0 | 1.9 | -12.1% |
Jordan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
United States | N/A | 0.1 | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 3.5 | 2.6 | 3.3 | 4.3 | 7.1% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Tanzania in 2022:
- India (6.3 tons)
- South Africa (3.2 tons)
- Jordan (0.3 tons)
This report provides an in-depth analysis of the linseed market in Tanzania.
This report provides an in-depth analysis of the global linseed market.
This report provides an in-depth analysis of the linseed market in Tanzania.
This report provides an in-depth analysis of the global linseed market.
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Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
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