Price for Oil Seeds; Linseed, Whether or Not Broken in the United Arab Emirates - 2022

Contents:

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

Price for Oil Seeds; Linseed, Whether or Not Broken in the United Arab Emirates (CIF) - 2022

The average import price for oil seeds; linseed, whether or not brokens stood at $1,313 per ton in 2022, increasing by 31% against the previous year. In general, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for oil seeds; linseed, whether or not brokens increased by +135.1% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,191 per ton), while the price for Ukraine ($284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.0%), 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 United Arab Emirates (FOB) - 2022

The average export price for oil seeds; linseed, whether or not brokens stood at $900 per ton in 2022, which is down by -66.8% against the previous year. Over the period under review, the export price recorded a deep contraction. The growth pace was the most rapid in 2021 an increase of 201%. The export price peaked at $3,970 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Oman ($3,030 per ton), while the average price for exports to the UK ($645 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+12.5%), 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 United Arab Emirates

In 2022, overseas purchases of oil seeds; linseed, whether or not brokens decreased by -26.6% to 698 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports attained the peak of 1.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of oil seeds; linseed, whether or not brokens declined slightly to $917K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 46%.

Import of Oil Seeds; Linseed, Whether or Not Broken in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20728325762144.2%
Canada31.911.226.973.632.1%
Netherlands39.544.338.756.012.3%
Germany52.153.452.441.5-7.3%
EgyptN/A0.7N/A32.7583.5%
Ukraine98.170.674.817.8-43.4%
France37.296.91096.7-43.5%
Russia17.1240346N/A349.8%
Nigeria74.3N/AN/AN/A0%
Others43.177.550.867.616.2%
Total60087795591715.2%

Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to the United Arab Emirates in 2022:

  1. India (462.5 tons)
  2. Canada (77.5 tons)
  3. Ukraine (62.6 tons)
  4. Netherlands (32.9 tons)
  5. Egypt (29.0 tons)
  6. Germany (13.0 tons)
  7. France (3.0 tons)

Exports of Oil Seeds; Linseed, Whether or Not Broken in the United Arab Emirates

After two years of decline, overseas shipments of oil seeds; linseed, whether or not brokens increased by 920% to 373 tons in 2022. Over the period under review, exports, however, recorded a sharp shrinkage.

In value terms, exports of oil seeds; linseed, whether or not brokens surged to $336K in 2022. Overall, exports, however, continue to indicate a dramatic decline.

Export of Oil Seeds; Linseed, Whether or Not Broken in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A1860%
Oman14791.365.886.3-16.3%
NetherlandsN/AN/AN/A40.40%
South Africa95.4N/AN/AN/A0%
Iran1,297251N/AN/A-80.6%
Others23554.433.423.2-53.8%
Total1,77439799.2336-42.6%

Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from the United Arab Emirates in 2022:

  1. United Kingdom (288.5 tons)
  2. Netherlands (43.8 tons)
  3. Oman (28.5 tons)

Source: IndexBox Market Intelligence Platform

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