Price for Oil Seeds; Linseed, Whether or Not Broken in the Dominican Republic - 2023

Contents:

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

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,846 per ton in 2022, growing by 65% against the previous year. Overall, the import price enjoyed a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($2,079 per ton) and Russia ($1,982 per ton), while the price for Turkey ($1,479 per ton) and the United States ($1,628 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+18.8%), 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 Dominican Republic (FOB) - 2022

The average export price for oil seeds; linseed, whether or not brokens stood at $2,500 per ton in 2021, increasing by 7.1% against the previous year. Overall, the export price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 66% against the previous year. The export price peaked at $4,394 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Aruba ($4,000 per ton), while the average price for exports to Cuba stood at $1,000 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Aruba (-1.0%).

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

In 2022, approx. 261 tons of oil seeds; linseed, whether or not brokens were imported into the Dominican Republic; jumping by 31% against 2021 figures. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $483K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Oil Seeds; Linseed, Whether or Not Broken in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1491761451888.1%
India62.138.420.213830.5%
ArgentinaN/AN/AN/A76.30%
Russia1.53.928.838.2194.2%
TurkeyN/AN/AN/A28.50%
United States7.413.220.25.3-10.5%
Others17.47.87.78.3-21.9%
Total23723922248326.8%

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

  1. Canada (105.3 tons)
  2. India (66.5 tons)
  3. Argentina (45.4 tons)
  4. Turkey (19.3 tons)
  5. Russia (19.3 tons)
  6. United States (3.3 tons)

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

Exports of oil seeds; linseed, whether or not brokens from the Dominican Republic dropped dramatically to 2 kg in 2021, shrinking by -66.7% against the previous year. Overall, exports saw a sharp shrinkage.

In value terms, exports of oil seeds; linseed, whether or not brokens fell remarkably to $5 in 2021. Over the period under review, exports faced a significant decrease.

Export of Oil Seeds; Linseed, Whether or Not Broken in the Dominican Republic (USD)
COUNTRY20202021CAGR,
2020-2021
Aruba13.04.0-69.2%
CubaN/A1.00%
United States1.0N/A0%
OthersN/AN/A0%
Total14.05.0-64.3%

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

  1. Aruba (1.0 kg)
  2. Cuba (1.0 kg)

Source: IndexBox Market Intelligence Platform

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