Price for Oil Seeds; Linseed, Whether or Not Broken in Vietnam - 2022
Contents:
- Price for Oil Seeds; Linseed, Whether or Not Broken in Vietnam (CIF) - 2022
- Price for Oil Seeds; Linseed, Whether or Not Broken in Vietnam (FOB) - 2022
- Imports of Oil Seeds; Linseed, Whether or Not Broken in Vietnam
- Exports of Oil Seeds; Linseed, Whether or Not Broken in Vietnam
Price for Oil Seeds; Linseed, Whether or Not Broken in Vietnam (CIF) - 2022
The average import price for oil seeds; linseed, whether or not brokens stood at $1,212 per ton in 2022, surging by 29% against the previous year. Over the period under review, the import price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 86% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($2,602 per ton), while the price for Russia ($1,026 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Oil Seeds; Linseed, Whether or Not Broken in Vietnam (FOB) - 2022
In 2022, the average export price for oil seeds; linseed, whether or not brokens amounted to $4,407 per ton, with an increase of 62% against the previous year. Over the period under review, the export price saw a tangible expansion. The growth pace was the most rapid in 2015 when the average export price increased by 93%. The export price peaked at $13,000 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,410 per ton), while the average price for exports to Estonia stood at $3,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.2%).
Imports of Oil Seeds; Linseed, Whether or Not Broken in Vietnam
In 2022, the amount of oil seeds; linseed, whether or not brokens imported into Vietnam shrank to 68 tons, waning by -10% compared with 2021. Overall, imports showed a dramatic downturn. The smallest decline of -9.1% was in 2021.
In value terms, imports of oil seeds; linseed, whether or not brokens skyrocketed to $83K in 2022. Over the period under review, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 19%.
| Import of Oil Seeds; Linseed, Whether or Not Broken in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 1,967 | 36.7 | 46.7 | 57.4 | -69.2% |
| Russia | 1,227 | 19.5 | 21.2 | 22.3 | -73.7% |
| Kazakhstan | 143 | 2.3 | 2.4 | 2.5 | -74.0% |
| Canada | 124 | 1.0 | 0.6 | 0.3 | -86.6% |
| Others | 10.5 | 0.2 | 0.4 | 0.3 | -69.4% |
| Total | 3,471 | 59.7 | 71.3 | 82.9 | -71.2% |
Top Suppliers of Oil Seeds; Linseed, Whether or Not Broken to Vietnam in 2022:
- Ukraine (44.3 tons)
- Russia (21.7 tons)
- Kazakhstan (2.2 tons)
- Canada (0.1 tons)
Exports of Oil Seeds; Linseed, Whether or Not Broken in Vietnam
In 2022, approx. 5 tons of oil seeds; linseed, whether or not brokens were exported from Vietnam; jumping by 22% compared with the previous year. Over the period under review, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 2,776%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of oil seeds; linseed, whether or not brokens skyrocketed to $22K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,290%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Oil Seeds; Linseed, Whether or Not Broken in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.9 | N/A | N/A | 22.0 | 126.2% |
| Estonia | N/A | 0.1 | 3.4 | 0.1 | 0.0% |
| China | 7.1 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | 7.8 | N/A | 0% |
| Others | 0.6 | 0.3 | N/A | N/A | -50.0% |
| Total | 9.7 | 0.3 | 11.2 | 22.1 | 31.6% |
Top Export Markets for Oil Seeds; Linseed, Whether or Not Broken from Vietnam in 2022:
- Germany (5.0 tons)
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