Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $1,950 per ton, reducing by -63.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 152% against the previous year. Over the period under review, average import prices reached the peak figure at $6,623 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($9,444 per ton), while the price for Denmark ($1,410 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $12,168 per ton, increasing by 168% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The export price peaked at $13,159 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($17,000 per ton), while the average price for exports to Estonia ($5,621 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland
In 2022, approx. 41 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Finland; with an increase of 1,512% against the previous year's figure. Overall, imports saw 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 soared to $79K in 2022. In general, imports recorded a significant expansion. As a result, imports reached 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 48.6 | 0% |
| Denmark | N/A | N/A | N/A | 26.4 | 0% |
| Sweden | 3.4 | 3.3 | 2.5 | 0.1 | -69.1% |
| Others | 2.0 | 1.5 | 10.8 | 4.0 | 26.0% |
| Total | 5.4 | 4.8 | 13.3 | 79.2 | 144.8% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Finland in 2022:
- Belgium (21.3 tons)
- Denmark (18.8 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds exported from Finland surged to 748 kg, jumping by 65% on 2021. Over the period under review, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. As a result, the exports attained the peak of 1.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds surged to $9.1K in 2022. In general, exports recorded a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 0.1 | 8.3 | 8200.0% |
| Belarus | N/A | N/A | N/A | 0.5 | 0% |
| Estonia | N/A | N/A | N/A | 0.2 | 0% |
| Norway | 0.4 | 0.6 | 0.6 | N/A | 22.5% |
| Switzerland | 1.3 | N/A | N/A | N/A | 0% |
| Sweden | 3.6 | 3.9 | 0.7 | N/A | -55.9% |
| Lithuania | 0.4 | 0.7 | 0.2 | N/A | -29.3% |
| Iceland | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
| Others | N/A | 0.1 | 0.2 | 0.1 | 0.0% |
| Total | 5.9 | 5.4 | 2.1 | 9.1 | 15.5% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Finland in 2022:
- Russia (664.0 kg)
- Belarus (46.0 kg)
- Estonia (29.0 kg)
- Switzerland (1.0 kg)
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