Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $5,594 per ton in 2022, with an increase of 7% against the previous year. Over the period under review, the import price enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 9.8% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($10,673 per ton), while the price for Brazil ($2,333 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+31.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola
In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Angola declined significantly to 133 kg, waning by -32.5% against 2021 figures. In general, imports recorded a significant curtailment. The smallest decline of -20.6% was in 2020.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined significantly to $744 in 2022. Overall, imports saw a abrupt contraction. The smallest decline of -14.8% was in 2020.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,369 | 2.0 | 878 | 555 | -26.0% |
| Namibia | 40.0 | 1.0 | 108 | 161 | 59.1% |
| Brazil | 12.0 | 1.0 | 44.0 | 28.0 | 32.6% |
| United Kingdom | N/A | 1,206 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,421 | 1,210 | 1,030 | 744 | -19.4% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Angola in 2022:
- Namibia (69.0 kg)
- Portugal (52.0 kg)
- Brazil (12.0 kg)
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