Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia - 2023

Contents:

  1. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia (CIF) - 2022
  2. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia (FOB) - 2022
  3. Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia
  4. Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia

Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia (CIF) - 2022

The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $5,309 per ton in 2022, picking up by 77% against the previous year. In general, the import price saw a modest expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,794 per ton), while the price for Hungary ($4,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.0%), 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 Croatia (FOB) - 2022

The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $4,534 per ton in 2022, surging by 2.4% against the previous year. Over the period under review, the export price, however, showed a noticeable downturn. The pace of growth was the most pronounced in 2015 an increase of 108% against the previous year. As a result, the export price attained the peak level of $17,332 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($6,226 per ton), while the average price for exports to Greece stood at $2,960 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (-1.4%).

Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia

Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Croatia fell sharply to 4.2 tons in 2022, with a decrease of -75.1% against the previous year's figure. Over the period under review, imports faced a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, imports reached the peak of 17 tons, and then shrank significantly in the following year.

In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds dropped rapidly to $22K in 2022. Overall, imports saw a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 89%. As a result, imports reached the peak of $51K, and then fell remarkably in the following year.

Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.63.66.112.350.6%
Germany4.39.331.59.530.2%
Belgium16.913.19.8N/A-23.9%
Others0.70.73.20.6-5.0%
Total25.526.750.622.4-4.2%

Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Croatia in 2022:

  1. Italy (2.1 tons)
  2. Germany (2.0 tons)

Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Croatia

In 2022, overseas shipments of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -18.6% to 193 kg, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,068%. As a result, the exports attained the peak of 4.1 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds dropped dramatically to $875 in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 3,176% against the previous year. As a result, the exports attained the peak of $24K. 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina0.70.80.50.6-5.0%
GreeceN/AN/A0.20.350.0%
RussiaN/A23.3N/AN/A0%
SloveniaN/AN/A0.4N/A0%
OthersN/A0.2N/AN/A0%
Total0.724.31.00.98.7%

Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Croatia in 2022:

  1. Greece (100.0 kg)
  2. Bosnia and Herzegovina (93.0 kg)

Source: IndexBox Market Intelligence Platform

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