Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $5,851 per ton, waning by -15.5% against the previous year. In general, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 56% against the previous year. Over the period under review, average import prices attained the maximum at $13,849 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,934 per ton), while the price for Belgium ($3,202 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.6%), 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 Slovenia (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $7,198 per ton, increasing by 34% against the previous year. Overall, the export price posted resilient growth. The pace of growth was the most pronounced in 2013 an increase of 119%. The export price peaked at $9,419 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($8,941 per ton), while the average price for exports to Russia ($4,520 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 Croatia (+14.6%), 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 Slovenia
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Slovenia surged to 8.4 tons in 2022, increasing by 48% against the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.0% against 2020 indices. As a result, imports reached 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 $49K in 2022. Over the period under review, imports, however, showed a noticeable slump.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.0 | 15.7 | 21.1 | 17.8 | -3.8% |
| Austria | 2.2 | 3.0 | 4.1 | 17.0 | 97.7% |
| Italy | 31.9 | 28.1 | 11.5 | 11.1 | -29.7% |
| Belgium | N/A | 0.2 | 1.3 | 0.8 | 100.0% |
| Kazakhstan | 1.9 | 2.0 | N/A | 0.3 | -46.0% |
| Others | 1.3 | 0.8 | 1.6 | 2.5 | 24.4% |
| Total | 57.2 | 49.8 | 39.6 | 49.4 | -4.8% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Slovenia in 2022:
- Austria (3.9 tons)
- Germany (3.0 tons)
- Italy (0.9 tons)
- Belgium (0.3 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia
In 2022, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Slovenia declined markedly to 3.7 tons, shrinking by -52.1% compared with the previous year's figure. In general, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 8.9%.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank markedly to $26K in 2022. Over the period under review, exports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 3.8%.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Croatia | 4.8 | 4.4 | 3.5 | 7.9 | 18.1% |
| Russia | 38.7 | 22.7 | 24.7 | 6.1 | -46.0% |
| Norway | 5.5 | 2.6 | 5.8 | 5.4 | -0.6% |
| Armenia | 1.8 | 3.0 | 3.7 | 3.8 | 28.3% |
| Montenegro | 2.1 | 1.7 | 2.1 | 2.0 | -1.6% |
| Bosnia and Herzegovina | 3.8 | 3.8 | 1.0 | 0.8 | -40.5% |
| Czech Republic | 7.4 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 1.1 | 0.2 | 0.3 | -46.9% |
| Total | 66.0 | 39.5 | 41.0 | 26.3 | -26.4% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Slovenia in 2022:
- Russia (1343.0 kg)
- Croatia (911.0 kg)
- Norway (607.0 kg)
- Armenia (455.0 kg)
- Montenegro (221.0 kg)
- Bosnia and Herzegovina (95.0 kg)
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