Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,551 per ton in 2022, growing by 23% against the previous year. In general, the import price saw moderate growth. The pace of growth was the most pronounced in 2015 an increase of 83% against the previous year. As a result, import price reached the peak level of $5,000 per ton. From 2016 to 2022, the average 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 Germany ($5,430 per ton), while the price for Latvia ($2,023 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+19.6%), 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 Estonia (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $8,002 per ton, picking up by 279% against the previous year. Over the period under review, the export price posted a buoyant increase. Over the period under review, the average export prices reached the maximum at $12,129 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($12,500 per ton), while the average price for exports to Latvia ($7,895 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 Finland (+17.5%), 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 Estonia
After three years of growth, overseas purchases of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -83.5% to 13 tons in 2022. In general, imports, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 237%. As a result, imports attained the peak of 80 tons, and then contracted rapidly in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds contracted remarkably to $34K in 2022. Overall, imports showed a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 337% against the previous year. As a result, imports reached the peak of $166K, and then declined notably in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | 3.4 | 22.5 | 561.8% |
| Germany | 0.5 | 0.4 | 0.1 | 8.3 | 155.1% |
| Russia | 6.0 | 4.2 | 4.4 | 2.1 | -29.5% |
| Denmark | 26.5 | 30.1 | N/A | N/A | 13.6% |
| Ukraine | 1.5 | 1.2 | 158 | N/A | 926.3% |
| Others | 3.2 | 2.2 | 0.8 | 0.9 | -34.5% |
| Total | 37.7 | 38.1 | 166 | 33.8 | -3.6% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Estonia in 2022:
- Latvia (11.1 tons)
- Germany (1.5 tons)
- Russia (0.5 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia
In 2022, approx. 400 kg of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were exported from Estonia; with a decrease of -98.4% on 2021 figures. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 21,114% against the previous year. As a result, the exports reached the peak of 24 tons, and then dropped rapidly in the following year.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined significantly to $3.2K in 2022. In general, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 7,621% against the previous year. As a result, the exports attained the peak of $52K, and then plummeted in the following year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.6 | 0.4 | 2.3 | 3.1 | 6.0% |
| Lithuania | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Ukraine | N/A | N/A | 49.0 | N/A | 0% |
| Others | 0.9 | 0.3 | 0.3 | N/A | -42.3% |
| Total | 3.8 | 0.7 | 51.6 | 3.2 | -5.6% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Estonia in 2022:
- Latvia (389.0 kg)
- Lithuania (8.0 kg)
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