Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (FOB) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (CIF) - 2022
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (FOB) - 2022
The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1,381 per ton in 2022, which is down by -13.3% against the previous year. Overall, the export price saw a deep setback. The export price peaked at $4,537 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($18,264 per ton), while the average price for exports to Colombia totaled $798 per ton.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (-19.5%).
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,682 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2015 an increase of 36% against the previous year. The import price peaked at $5,064 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
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 the United States ($4,045 per ton), while the price for Spain ($846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.1%), while the prices for the other major suppliers experienced a decline.
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador
In 2022, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Ecuador soared to 7.2 tons, jumping by 58% compared with 2021 figures. Overall, exports, however, continue to indicate a significant decrease.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds soared to $10K in 2022. In general, exports, however, faced a deep slump.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | N/A | N/A | N/A | 5.6 | 0% |
| United States | N/A | N/A | N/A | 4.4 | 0% |
| Germany | N/A | N/A | 7.3 | N/A | 0% |
| Guyana | 18.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.1 | N/A | 7.3 | 10.0 | -17.9% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Ecuador in 2022:
- Colombia (7.0 tons)
- United States (0.2 tons)
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador
In 2022, after three years of growth, there was significant decline in purchases abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds, when their volume decreased by -29.9% to 691 kg. Overall, imports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 331% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined notably to $1.9K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 292% against the previous year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 272 | 876 | 1,784 | 1,432 | 74.0% |
| China | 8.0 | 90.0 | 182 | 142 | 160.9% |
| Netherlands | 29.0 | 39.0 | 180 | 141 | 69.4% |
| Spain | 38.0 | 108 | 195 | 137 | 53.3% |
| Others | N/A | 246 | 1.0 | 1.0 | -93.6% |
| Total | 347 | 1,359 | 2,342 | 1,853 | 74.8% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Ecuador in 2022:
- United States (354.0 kg)
- Spain (162.0 kg)
- China (122.0 kg)
- Netherlands (47.0 kg)
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