Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $3,191 per ton in 2022, declining by -3.1% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 92%. As a result, import price reached the peak level of $7,470 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Canada.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +1.0% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia
In 2022, supplies from abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -14.3% to 83 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 12,581%.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank markedly to $263K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 7,342%.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.7 | 205 | 307 | 256 | 356.0% |
| Others | 0.1 | 4.8 | 10.6 | 7.3 | 317.9% |
| Total | 2.8 | 209 | 317 | 263 | 354.6% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Colombia in 2022:
- Canada (81.6 tons)
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