Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $4,398 per ton, remaining stable against the previous year. Overall, the import price saw a significant increase. The pace of growth appeared the most rapid in 2019 when the average import price increased by 205%. Over the period under review, average import prices attained the maximum at $4,428 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($5,636 per ton), while the price for the United Arab Emirates ($979 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Iran surged to 15 tons in 2022, picking up by 46% compared with 2021 figures. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 259%. As a result, imports attained the peak of 20 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds surged to $67K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 597%. As a result, imports attained the peak of $89K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.8 | 66.0 | 34.6 | 52.4 | 121.8% |
| United Arab Emirates | 1.7 | 6.0 | 3.3 | 5.3 | 46.1% |
| Belgium | 3.8 | 7.0 | 2.0 | 0.8 | -40.5% |
| Others | 2.4 | 9.6 | 5.1 | 8.3 | 51.2% |
| Total | 12.7 | 88.6 | 45.0 | 66.8 | 73.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Iran in 2022:
- China (9.3 tons)
- United Arab Emirates (5.4 tons)
- Belgium (0.3 tons)
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