Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil - 2024
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $3,294 per ton in 2022, increasing by 71% against the previous year. Over the period under review, the import price recorded a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,351 per ton), while the price for Germany ($2,788 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+28.0%), 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 Brazil (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $6,222 per ton, rising by 64% against the previous year. In general, the export price showed prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 132% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($6,738 per ton), while the average price for exports to Cyprus ($1,964 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 the Philippines (+68.8%), 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 Brazil
In 2022, supplies from abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -2.7% to 450 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 210%. As a result, imports reached the peak of 635 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 soared to $1.5M in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 371% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | 529 | 183 | 815 | 24.1% |
| Germany | 191 | 369 | 558 | 618 | 47.9% |
| United States | N/A | N/A | N/A | 45.8 | 0% |
| Belgium | 21.0 | 98.6 | 153 | N/A | 169.9% |
| Others | N/A | 0.5 | N/A | 4.8 | 209.8% |
| Total | 212 | 997 | 894 | 1,484 | 91.3% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Brazil in 2022:
- Germany (221.8 tons)
- Canada (217.0 tons)
- United States (10.5 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds exported from Brazil stood at 6.3 tons, surging by 2.5% on the previous year's figure. Over the period under review, exports recorded a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 267%. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $39K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 751%. As a result, the exports attained the peak of $63K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | N/A | 55.3 | 15.1 | 36.8 | -18.4% |
| Turkey | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Singapore | 0.2 | 0.2 | 0.5 | 0.4 | 26.0% |
| Cyprus | 0.3 | 1.1 | N/A | 0.4 | 10.1% |
| Philippines | N/A | N/A | N/A | 0.3 | 0% |
| Jordan | 0.6 | 0.1 | N/A | N/A | -83.3% |
| United States | 0.6 | N/A | N/A | N/A | 0% |
| Uruguay | 3.7 | 2.8 | 4.8 | N/A | 13.9% |
| Others | 2.0 | 3.1 | 2.8 | 0.9 | -23.4% |
| Total | 7.4 | 62.7 | 23.4 | 39.4 | 74.6% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Brazil in 2022:
- Panama (5.5 tons)
- Turkey (0.2 tons)
- Singapore (0.2 tons)
- Cyprus (0.2 tons)
- Philippines (0.1 tons)
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