Price for Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic - 2024

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic (CIF) - 2022
  2. Price for Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic (FOB) - 2024
  3. Imports of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic
  4. Exports of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic

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

In 2022, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,106 per ton, approximately reflecting the previous year. In general, the import price, however, saw a temperate increase. The growth pace was the most rapid in 2021 when the average import price increased by 43%. As a result, import price attained the peak level of $1,116 per ton, leveling off in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($1,096 per ton) and Kazakhstan ($1,092 per ton), while the price for Slovakia ($1,000 per ton) and Russia ($1,041 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic (FOB) - 2024

In March 2024, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,152 per ton, waning by -7.6% against the previous month. Overall, the export price saw a slight decrease. The growth pace was the most rapid in April 2023 an increase of 20% m-o-m. As a result, the export price attained the peak level of $1,648 per ton. From May 2023 to March 2024, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was France ($8,512 per ton), while the average price for exports to Belgium ($950 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to France (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic

In 2022, imports of oil seeds; linseed, whether or not brokens into the Czech Republic rose sharply to 15K tons, with an increase of 13% against 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 31%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of oil seeds; linseed, whether or not brokens expanded notably to $16M in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 88% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan3.33.24.67.028.5%
Poland0.92.36.05.380.6%
Netherlands0.20.40.61.386.6%
Russia0.90.71.00.8-3.9%
Ukraine0.1N/A0.50.791.3%
Belgium0.10.20.60.571.0%
Slovakia0.80.60.20.1-50.0%
Others0.30.41.10.732.6%
Total6.77.814.616.434.8%

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

  1. Kazakhstan (6.4K tons)
  2. Poland (4.8K tons)
  3. Netherlands (1.2K tons)
  4. Russia (0.7K tons)
  5. Ukraine (0.6K tons)
  6. Belgium (0.5K tons)
  7. Slovakia (0.1K tons)

Exports of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic

Exports of oil seeds; linseed, whether or not brokens from the Czech Republic rose notably to 9.5K tons in 2022, picking up by 8% against the year before. The total export volume increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of oil seeds; linseed, whether or not brokens expanded remarkably to $13M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Oil Seeds; Linseed, Whether or Not Broken in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.21.72.24.224.1%
Poland2.02.05.03.621.6%
AustriaN/AN/A0.42.4500.0%
Netherlands0.30.20.91.363.0%
FranceN/AN/A0.30.566.7%
Slovakia2.02.42.70.4-41.5%
BelgiumN/AN/AN/A0.20%
Others0.20.20.20.20.0%
Total6.86.611.613.024.1%

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

  1. Germany (2.9K tons)
  2. Poland (2.8K tons)
  3. Austria (1.6K tons)
  4. Netherlands (1.1K tons)
  5. France (0.4K tons)
  6. Slovakia (0.4K tons)
  7. Belgium (0.2K tons)

Source: IndexBox Market Intelligence Platform

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