Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (FOB) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (CIF) - 2022
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (FOB) - 2022
The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $3,595 per ton in 2022, rising by 80% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. As a result, the export price reached 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 Romania ($5,606 per ton), while the average price for exports to the Czech Republic ($2,526 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 Romania (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $10,528 per ton in 2022, with an increase of 379% against the previous year. Overall, the import price showed a strong increase. The import price peaked at $12,565 per ton in 2020; however, from 2021 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 France ($13,286 per ton), while the price for the United States ($6,545 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine
In 2022, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Ukraine shrank remarkably to 43 tons, which is down by -92.4% on the year before. Overall, exports faced a sharp decline. The growth pace was the most rapid in 2021 when exports increased by 10%.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds fell notably to $156K in 2022. In general, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 61% against the previous year. As a result, the exports reached the peak of $1.1M, and then contracted markedly in the following year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 102 | 223 | 295 | 59.0 | -16.7% |
| Israel | 30.6 | 29.5 | 15.2 | 23.8 | -8.0% |
| Romania | 1.2 | 5.0 | N/A | 17.5 | 144.3% |
| United States | 17.9 | 14.9 | 13.6 | 10.0 | -17.6% |
| Canada | 0.5 | 0.4 | 0.9 | 9.0 | 162.1% |
| Georgia | 4.9 | 2.7 | 6.7 | 6.9 | 12.1% |
| Moldova | 19.7 | 18.4 | 14.8 | 5.3 | -35.4% |
| Latvia | 21.9 | 66.4 | 5.3 | 5.2 | -38.1% |
| Czech Republic | 27.4 | 54.0 | 73.1 | 4.8 | -44.0% |
| Poland | 28.3 | 5.8 | 279 | 3.1 | -52.2% |
| China | 621 | 235 | 116 | N/A | -56.8% |
| Estonia | 1.4 | 1.2 | 184 | N/A | 1046.4% |
| Belarus | N/A | N/A | 87.5 | N/A | 0% |
| Others | 61.6 | 52.9 | 49.9 | 11.2 | -43.3% |
| Total | 939 | 710 | 1,142 | 156 | -45.0% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Ukraine in 2022:
- Germany (17.4 tons)
- Israel (7.0 tons)
- Romania (3.1 tons)
- Canada (2.7 tons)
- United States (2.3 tons)
- Georgia (2.2 tons)
- Czech Republic (1.9 tons)
- Moldova (1.8 tons)
- Latvia (1.2 tons)
- Poland (0.9 tons)
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine
After three years of growth, overseas purchases of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -97.9% to 502 kg in 2022. In general, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 5,278%. As a result, imports reached the peak of 24 tons, and then reduced dramatically in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined notably to $5.3K in 2022. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 840%. As a result, imports attained the peak of $54K, and then fell significantly in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.6 | 2.6 | 2.8 | 2.3 | 56.5% |
| Belgium | 0.9 | N/A | 0.8 | 1.7 | 23.6% |
| Kazakhstan | N/A | N/A | N/A | 1.0 | 0% |
| France | N/A | 1.6 | N/A | 0.3 | -56.7% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| Estonia | N/A | N/A | 49.6 | N/A | 0% |
| Others | 2.8 | 1.4 | 0.3 | N/A | -67.3% |
| Total | 4.4 | 5.7 | 53.5 | 5.3 | 6.4% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Ukraine in 2022:
- Germany (189.0 kg)
- Belgium (150.0 kg)
- Kazakhstan (131.0 kg)
- France (21.0 kg)
- United States (11.0 kg)
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