Price for Oil Seeds; Linseed, Whether or Not Broken in the UK - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in the UK (FOB) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in the UK (CIF) - 2024
- Exports of Oil Seeds; Linseed, Whether or Not Broken in the UK
- Imports of Oil Seeds; Linseed, Whether or Not Broken in the UK
Price for Oil Seeds; Linseed, Whether or Not Broken in the UK (FOB) - 2024
The average export price for oil seeds; linseed, whether or not brokens stood at $750 per ton in April 2024, remaining relatively unchanged against the previous month. Over the period under review, the export price, however, showed a mild slump. The growth pace was the most rapid in December 2023 an increase of 5.9% against the previous month. The export price peaked at $892 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,244 per ton), while the average price for exports to France ($724 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (-0.2%), while the prices for the other major destinations experienced a decline.
Price for Oil Seeds; Linseed, Whether or Not Broken in the UK (CIF) - 2024
In April 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $1,294 per ton, leveling off at the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in February 2024 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $1,576 per ton. From March 2024 to April 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($2,378 per ton), while the price for Lithuania ($716 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Canada (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Oil Seeds; Linseed, Whether or Not Broken in the UK
Exports of oil seeds; linseed, whether or not brokens from the UK rose markedly to 26K tons in 2022, picking up by 12% compared with 2021. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 77%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of oil seeds; linseed, whether or not brokens rose modestly to $23M in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 61% 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 UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.6 | 10.9 | 10.1 | 16.6 | 36.0% |
| Belgium | 0.7 | 3.1 | 6.4 | 4.2 | 81.7% |
| Netherlands | 0.4 | 1.2 | 1.7 | 0.9 | 31.0% |
| Ireland | 2.5 | 2.4 | 1.5 | 0.5 | -41.5% |
| Others | 2.0 | 2.1 | 3.3 | 1.3 | -13.4% |
| Total | 12.3 | 19.7 | 23.1 | 23.5 | 24.1% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from the UK in 2022:
- France (20.4K tons)
- Belgium (4.8K tons)
- Netherlands (0.8K tons)
- Ireland (0.2K tons)
Imports of Oil Seeds; Linseed, Whether or Not Broken in the UK
In 2022, supplies from abroad of oil seeds; linseed, whether or not brokens was finally on the rise to reach 17K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a deep downturn.
In value terms, imports of oil seeds; linseed, whether or not brokens surged to $23M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +44.4% against 2020 indices. 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 UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | N/A | 0.1 | 12.3 | 12200.0% |
| Canada | 1.2 | 1.7 | 2.8 | 2.7 | 31.0% |
| Poland | 0.7 | 1.0 | 1.5 | 1.8 | 37.0% |
| Netherlands | 3.2 | 1.3 | 0.9 | 1.2 | -27.9% |
| Russia | N/A | N/A | N/A | 0.9 | 0% |
| Turkey | N/A | 0.1 | N/A | 0.6 | 144.9% |
| Belgium | 7.9 | 8.0 | 10.1 | 0.6 | -57.7% |
| France | 0.3 | 0.7 | 0.3 | 0.4 | 10.1% |
| Ireland | 2.6 | 2.6 | 1.1 | 0.1 | -66.2% |
| Others | 0.6 | 0.7 | 1.5 | 2.6 | 63.0% |
| Total | 16.5 | 16.1 | 18.4 | 23.2 | 12.0% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to the UK in 2022:
- Kazakhstan (10.2K tons)
- Poland (1.6K tons)
- Netherlands (0.9K tons)
- Canada (0.7K tons)
- Russia (0.7K tons)
- Belgium (0.5K tons)
- Turkey (0.3K tons)
- France (0.2K tons)
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