Price for Oil Seeds; Linseed, Whether or Not Broken in Thailand - 2024

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,463 per ton in 2022, jumping by 20% against the previous year. Overall, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. The import price peaked at $2,365 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,026 per ton), while the price for the UK ($1,141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for oil seeds; linseed, whether or not brokens stood at $2,357 per ton in 2022, shrinking by -46.9% against the previous year. In general, the export price, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 196%. Over the period under review, the average export prices hit record highs at $4,438 per ton in 2021, and then dropped notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2,467 per ton), while the average price for exports to Lao People's Democratic Republic ($1,533 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+23.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, supplies from abroad of oil seeds; linseed, whether or not brokens decreased by -13.7% to 678 tons in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports attained the peak of 785 tons, and then contracted in the following year.

In value terms, imports of oil seeds; linseed, whether or not brokens amounted to $992K in 2022. Over the period under review, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 174%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada11016671149264.8%
United Kingdom2.41.9N/A183324.0%
China93.780.616613613.2%
Australia43.137.317.085.125.5%
BrazilN/AN/AN/A37.70%
India11.520.631.728.835.8%
Belgium1.430.111.8N/A190.3%
Others1.413.019.130.1178.1%
Total26335095699255.7%

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

  1. Canada (341.7 tons)
  2. United Kingdom (160.0 tons)
  3. China (67.0 tons)
  4. Australia (48.2 tons)
  5. Brazil (26.0 tons)
  6. India (23.5 tons)

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

In 2022, overseas shipments of oil seeds; linseed, whether or not brokens decreased by -72.8% to 8.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 with an increase of 336%. As a result, the exports attained the peak of 32 tons, and then fell remarkably in the following year.

In value terms, exports of oil seeds; linseed, whether or not brokens contracted rapidly to $21K in 2022. Overall, exports, however, posted mild growth. The most prominent rate of growth was recorded in 2021 when exports increased by 874% against the previous year. As a result, the exports reached the peak of $144K, and then reduced remarkably in the following year.

Export of Oil Seeds; Linseed, Whether or Not Broken in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam9.112.610.015.619.7%
PhilippinesN/AN/AN/A3.00%
Lao People's Democratic Republic0.31.30.21.571.0%
Singapore0.40.90.10.3-9.1%
ChinaN/AN/A133N/A0%
Maldives9.9N/A0.1N/A-89.9%
OthersN/AN/AN/A0.30%
Total19.714.714420.71.7%

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

  1. Vietnam (6.3 tons)
  2. Philippines (1.3 tons)
  3. Lao People's Democratic Republic (1.0 tons)
  4. Singapore (0.1 tons)

Source: IndexBox Market Intelligence Platform

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