Price for Oil Seeds; Linseed, Whether or Not Broken in the Netherlands - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in the Netherlands (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in the Netherlands (FOB) - 2024
- Imports of Oil Seeds; Linseed, Whether or Not Broken in the Netherlands
- Exports of Oil Seeds; Linseed, Whether or Not Broken in the Netherlands
Price for Oil Seeds; Linseed, Whether or Not Broken in the Netherlands (CIF) - 2024
In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,158 per ton, surging by 34% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Canada ($6,160 per ton), while the price for Russia ($515 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Canada (+16.7%), 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 Netherlands (FOB) - 2024
The average export price for oil seeds; linseed, whether or not brokens stood at $1,896 per ton in March 2024, approximately mirroring the previous month. In general, export price indicated notable growth from March 2023 to March 2024: its price increased at an average monthly rate of +2.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, export price for oil seeds; linseed, whether or not brokens increased by +61.7% against November 2023 indices. The growth pace was the most rapid in February 2024 when the average export price increased by 61% m-o-m. As a result, the export price reached the peak level of $1,912 per ton, leveling off in the following month.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was the UK ($2,214 per ton), while the average price for exports to Switzerland ($644 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 the United States (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Oil Seeds; Linseed, Whether or Not Broken in the Netherlands
In 2022, overseas purchases of oil seeds; linseed, whether or not brokens were finally on the rise to reach 101K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a prominent expansion. As a result, imports reached 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 $96M in 2022. In general, imports showed 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 Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 19.4 | 17.1 | 19.6 | 49.1 | 36.3% |
| Germany | 4.4 | 3.2 | 5.5 | 18.0 | 59.9% |
| Poland | 4.2 | 2.4 | 2.9 | 6.2 | 13.9% |
| India | 1.2 | 1.5 | 2.8 | 5.2 | 63.0% |
| France | 1.6 | 1.8 | 1.1 | 3.9 | 34.6% |
| Kazakhstan | 1.6 | 3.3 | 3.1 | 3.0 | 23.3% |
| Russia | 0.9 | 1.2 | 0.3 | 2.0 | 30.5% |
| Others | 6.3 | 4.8 | 5.5 | 9.0 | 12.6% |
| Total | 39.6 | 35.2 | 40.9 | 96.4 | 34.5% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to the Netherlands in 2022:
- Belgium (57.4K tons)
- Germany (17.9K tons)
- Poland (5.8K tons)
- France (4.2K tons)
- India (3.2K tons)
- Kazakhstan (2.9K tons)
- Russia (1.6K tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in the Netherlands
Exports of oil seeds; linseed, whether or not brokens from the Netherlands soared to 25K tons in 2022, picking up by 23% compared with the previous year's figure. Overall, exports, however, showed a perceptible downturn.
In value terms, exports of oil seeds; linseed, whether or not brokens surged to $36M in 2022. The total export value increased at an average annual rate of +11.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Oil Seeds; Linseed, Whether or Not Broken in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.8 | 6.6 | 5.6 | 8.7 | 8.6% |
| Belgium | 3.9 | 6.2 | 3.5 | 7.3 | 23.2% |
| France | 4.3 | 4.9 | 4.4 | 5.3 | 7.2% |
| Denmark | 3.7 | 3.7 | 4.6 | 3.7 | 0.0% |
| Czech Republic | 0.1 | N/A | N/A | 2.4 | 188.4% |
| Spain | 1.8 | 1.4 | 1.9 | 2.1 | 5.3% |
| Italy | 0.8 | 1.0 | 1.1 | 1.4 | 20.5% |
| United Kingdom | 1.6 | 1.7 | 0.5 | 0.5 | -32.1% |
| Others | 2.8 | 3.6 | 3.7 | 4.7 | 18.8% |
| Total | 25.9 | 29.1 | 25.4 | 36.0 | 11.6% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from the Netherlands in 2022:
- Germany (6.6K tons)
- Belgium (5.9K tons)
- France (2.9K tons)
- Czech Republic (2.3K tons)
- Denmark (2.0K tons)
- Spain (1.5K tons)
- Italy (0.8K tons)
- United Kingdom (0.3K tons)
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