Price for Oil Seeds; Linseed, Whether or Not Broken in Venezuela - 2022

Contents:

  1. Price for Oil Seeds; Linseed, Whether or Not Broken in Venezuela (CIF) - 2022
  2. Imports of Oil Seeds; Linseed, Whether or Not Broken in Venezuela

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

The average import price for oil seeds; linseed, whether or not brokens stood at $1,425 per ton in 2022, picking up by 34% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($1,606 per ton), while the price for Spain ($1,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (+52.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Oil Seeds; Linseed, Whether or Not Broken in Venezuela

Imports of oil seeds; linseed, whether or not brokens into Venezuela amounted to 25 tons in 2022, picking up by 2.6% against the year before. Over the period under review, imports posted a modest expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 316% against the previous year. As a result, imports reached the peak of 98 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $36K in 2022. Overall, imports posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 425%. As a result, imports reached the peak of $68K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Oil Seeds; Linseed, Whether or Not Broken in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States8.820.814.417.626.0%
Canada4.147.011.217.461.9%
SpainN/AN/AN/A0.60%
OthersN/AN/A0.3N/A0%
Total12.967.925.935.540.1%

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

  1. Canada (13.5 tons)
  2. United States (10.9 tons)
  3. Spain (0.5 tons)

Source: IndexBox Market Intelligence Platform

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