Price for Oil Seeds; Linseed, Whether or Not Broken in Turkey - 2024
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Turkey (CIF) - 2024
- Price for Oil Seeds; Linseed, Whether or Not Broken in Turkey (FOB) - 2024
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Turkey
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Turkey
Price for Oil Seeds; Linseed, Whether or Not Broken in Turkey (CIF) - 2024
In March 2024, the average import price for oil seeds; linseed, whether or not brokens amounted to $757 per ton, with an increase of 36% against the previous month. Overall, the import price showed a relatively flat trend pattern. As a result, import price attained 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 Kazakhstan ($875 per ton), while the price for Ukraine stood at $554 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Ukraine (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Oil Seeds; Linseed, Whether or Not Broken in Turkey (FOB) - 2024
In March 2024, the average export price for oil seeds; linseed, whether or not brokens amounted to $1,226 per ton, growing by 81% against the previous month. In general, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $1,273 per ton in May 2023; however, from June 2023 to March 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Germany ($3,484 per ton), while the average price for exports to Lebanon ($597 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 Germany (+11.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Oil Seeds; Linseed, Whether or Not Broken in Turkey
In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Turkey fell modestly to 44K tons, leveling off at 2021. Overall, imports, however, saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 205% against the previous year. As a result, imports reached the peak of 44K tons, leveling off in the following year.
In value terms, imports of oil seeds; linseed, whether or not brokens dropped to $37M in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 379% against the previous year. As a result, imports attained the peak of $40M, and then fell in the following year.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.7 | 2.9 | 31.8 | 22.5 | 32.4% |
| Kazakhstan | 0.6 | 5.2 | 8.1 | 14.1 | 186.4% |
| Others | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Total | 10.6 | 8.4 | 40.3 | 36.9 | 51.6% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Turkey in 2022:
- Russia (27.8K tons)
- Kazakhstan (15.5K tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Turkey
In 2022, exports of oil seeds; linseed, whether or not brokens from Turkey soared to 28K tons, with an increase of 88% on the previous year's figure. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 280%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of oil seeds; linseed, whether or not brokens surged to $29M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 303% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 0.5 | 12.0 | 22.1 | 202.3% |
| Netherlands | 1.4 | 1.1 | 1.4 | 2.9 | 27.5% |
| Germany | 0.7 | 0.6 | 0.7 | 1.3 | 22.9% |
| Morocco | N/A | N/A | N/A | 0.5 | 0% |
| Canada | 0.4 | 0.1 | 0.3 | 0.2 | -20.6% |
| Bangladesh | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 1.6 | 0.8 | 2.2 | 76.5% |
| Total | 4.5 | 3.8 | 15.2 | 29.1 | 86.3% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Turkey in 2022:
- United States (22.9K tons)
- Netherlands (2.0K tons)
- Germany (0.8K tons)
- Morocco (0.7K tons)
- Canada (0.1K tons)
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This report provides an in-depth analysis of the linseed market in Turkey.
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This report provides an in-depth analysis of the global linseed market.
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This report provides an in-depth analysis of the linseed market in Turkey.
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This report provides an in-depth analysis of the global linseed market.
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In September 2022, the linseed price amounted to $623 per ton (CIF, Turkey), declining by -21.6% against the previous month.
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
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Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
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In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
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Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
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In September 2022, the linseed price amounted to $623 per ton (CIF, Turkey), declining by -21.6% against the previous month.
143
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2697
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1254
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
