Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,048 per ton, which is down by -18.5% against the previous year. Over the period under review, the import price saw a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $3,344 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($2,140 per ton), while the price for Ukraine totaled $1,691 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+5.7%).
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $979 per ton, waning by -6.3% against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 30%. The export price peaked at $2,223 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($1,151 per ton), while the average price for exports to Russia amounted to $972 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-7.6%).
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds imported into Belarus surged to 225 tons, rising by 139% on the previous year's figure. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $460K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 192 | 141 | 148 | 284 | 13.9% |
| Ukraine | 10.8 | 19.8 | 87.1 | 146 | 138.2% |
| Others | 0.4 | 0.4 | 1.0 | 30.1 | 322.2% |
| Total | 203 | 161 | 236 | 460 | 31.3% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Belarus in 2022:
- Russia (132.6 tons)
- Ukraine (86.4 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus
In 2022, approx. 32 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were exported from Belarus; jumping by 48% against 2021 figures. Overall, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 51%. As a result, the exports attained the peak of 43 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $32K in 2022. In general, total exports indicated noticeable growth from 2019 to 2022: its value increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 45% against the previous year. As a result, the exports reached the peak of $41K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 0.2 | 19.4 | 18.9 | 30.8 | 436.0% |
| Poland | 0.3 | 10.3 | 3.7 | 0.8 | 38.7% |
| Norway | 20.6 | N/A | N/A | N/A | 0% |
| China | 6.7 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 10.9 | 0.2 | 0.1 | -20.6% |
| Total | 28.0 | 40.6 | 22.8 | 31.7 | 4.2% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Belarus in 2022:
- Russia (31.7 tons)
- Poland (0.7 tons)
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