Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1,319 per ton in 2022, dropping by -33.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 66%. As a result, import price reached the peak level of $1,981 per ton, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($38,500 per ton), while the price for Belgium ($1,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+36.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,843 per ton, shrinking by -48.7% against the previous year. In general, the export price, however, posted tangible growth. The growth pace was the most rapid in 2017 an increase of 86%. The export price peaked at $5,543 per ton in 2021, and then reduced remarkably in the following year.
As there is only one major export destination, the average price level is determined by prices for Albania.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.9% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece
After three years of growth, purchases abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -42.7% to 77 tons in 2022. Overall, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. As a result, imports attained the peak of 135 tons, and then dropped notably in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank sharply to $102K in 2022. In general, imports saw a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. As a result, imports attained the peak of $268K, and then fell sharply in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 56.4 | 64.6 | 231 | 86.3 | 15.2% |
| Italy | N/A | N/A | 2.2 | 9.1 | 313.6% |
| Germany | 1.9 | 58.5 | 10.7 | 5.1 | 39.0% |
| Netherlands | 18.7 | N/A | 22.9 | 1.0 | -62.3% |
| Bulgaria | 30.5 | N/A | N/A | N/A | 0% |
| Others | 0.9 | 2.2 | 1.5 | 0.8 | -3.9% |
| Total | 108 | 125 | 268 | 102 | -1.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Greece in 2022:
- Belgium (74.2 tons)
- Italy (2.0 tons)
- Germany (1.0 tons)
- Netherlands (0.2 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece
For the third consecutive year, Greece recorded decline in shipments abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds, which decreased by -4.5% to 1.5 tons in 2022. Overall, exports faced a significant curtailment.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds fell sharply to $4.3K in 2022. In general, exports faced a sharp reduction.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 7.8 | 6.0 | N/A | 4.3 | -18.0% |
| United Kingdom | N/A | 0.3 | N/A | N/A | 0% |
| Lithuania | 11.6 | 16.5 | 6.2 | N/A | -26.9% |
| Italy | 112 | 6.1 | 2.4 | N/A | -85.4% |
| Others | N/A | 9.8 | 0.3 | N/A | -96.9% |
| Total | 131 | 38.7 | 8.8 | 4.3 | -68.0% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Greece in 2022:
- Albania (1.5 tons)
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