Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $3,074 per ton in 2022, surging by 44% against the previous year. In general, the import price saw a prominent increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 195%. The import price peaked at $3,815 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 ($5,331 per ton), while the price for Russia ($1,733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.9%), 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 Poland (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,333 per ton, rising by 22% against the previous year. In general, the export price, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 53%. Over the period under review, the average export prices attained the maximum at $10,193 per ton in 2015; however, from 2016 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 the UK ($7,643 per ton), while the average price for exports to Germany ($2,017 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 Italy (+29.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland
In 2022, after three years of growth, there was significant decline in overseas purchases of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds, when their volume decreased by -63.2% to 418 tons. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 240%. As a result, imports attained the peak of 1.1K tons, and then reduced rapidly in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined remarkably to $1.3M in 2022. Overall, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 217%. As a result, imports reached the peak of $2.4M, and then fell notably in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.0 | 117 | 339 | 493 | 447.7% |
| Germany | 476 | 538 | 558 | 489 | 0.9% |
| Sweden | 51.7 | 52.2 | 107 | 188 | 53.8% |
| Russia | N/A | N/A | 1,062 | 38.1 | -96.4% |
| Ukraine | 28.0 | 5.8 | 343 | 1.6 | -61.5% |
| Belarus | N/A | 38.1 | N/A | N/A | 0% |
| Others | 12.5 | 14.9 | 19.4 | 74.7 | 81.5% |
| Total | 571 | 766 | 2,429 | 1,284 | 31.0% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Poland in 2022:
- Belgium (233.1 tons)
- Germany (91.7 tons)
- Sweden (58.5 tons)
- Russia (22.0 tons)
- Ukraine (0.8 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds exported from Poland dropped rapidly to 314 tons, declining by -82% against 2021. Over the period under review, exports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 121% against the previous year.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds dropped dramatically to $733K in 2022. In general, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 238%. As a result, the exports attained the peak of $3.3M, and then fell significantly in the following year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,693 | 515 | 1,832 | 350 | -40.9% |
| Italy | 383 | 399 | 92.5 | 210 | -18.2% |
| Netherlands | 0.6 | 1.0 | 1.4 | 80.6 | 412.1% |
| United Kingdom | 2.4 | 6.8 | 76.1 | 46.7 | 169.0% |
| Lithuania | N/A | 19.7 | 14.2 | 12.2 | -21.3% |
| Czech Republic | 335 | 0.4 | 0.5 | 3.1 | -79.0% |
| Belgium | 341 | 3.2 | 1,275 | 0.4 | -89.5% |
| Others | 13.0 | 43.5 | 47.5 | 30.4 | 32.7% |
| Total | 2,768 | 989 | 3,339 | 733 | -35.8% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Poland in 2022:
- Germany (173.6 tons)
- Italy (103.5 tons)
- Netherlands (19.5 tons)
- United Kingdom (6.1 tons)
- Lithuania (5.5 tons)
- Czech Republic (1.1 tons)
- Belgium (0.1 tons)
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