Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1,668 per ton in 2022, with an increase of 8.6% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by +105.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,002 per ton), while the price for Belgium ($1,660 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+45.6%), 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 Portugal (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $7,564 per ton, growing by 106% against the previous year. In general, the export price showed a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($63,688 per ton), while the average price for exports to Cabo Verde stood at $5,446 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+63.7%), 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 Portugal
In 2022, approx. 862 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Portugal; with an increase of 5.8% compared with 2021 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1.4M in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 91%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 4.2 | 621 | 871 | 1,329 | 581.4% |
| Belgium | 667 | 26.2 | 286 | 70.8 | -52.7% |
| Germany | 18.9 | 6.9 | 17.8 | 36.1 | 24.1% |
| Others | 1.8 | 0.3 | 75.9 | 0.9 | -20.6% |
| Total | 692 | 654 | 1,250 | 1,437 | 27.6% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Portugal in 2022:
- Netherlands (800.9 tons)
- Belgium (42.6 tons)
- Germany (18.1 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal
In 2022, approx. 440 kg of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were exported from Portugal; growing by 61% on the year before. Over the period under review, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 523% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $3.3K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 842% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Cabo Verde | 0.1 | 1.0 | 2.3 | 379.6% | |
| Malta | N/A | N/A | 1.0 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.1 | 1.0 | 3.3 | 474.5% | |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Portugal in 2022:
- Cabo Verde (424.0 kg)
- Malta (16.0 kg)
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