Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $5,648 per ton, jumping by 23% against the previous year. Overall, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $12,785 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,877 per ton), while the price for Portugal ($1,907 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.8%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $5,966 per ton, dropping by -15% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 25%. As a result, the export price reached the peak level of $7,020 per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($14,333 per ton), while the average price for exports to Germany ($5,447 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 France (+20.7%), 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 Luxembourg
In 2022, approx. 1.6 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Luxembourg; waning by -84.2% against 2021 figures. Overall, imports faced a sharp curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 275% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank rapidly to $9.2K in 2022. In general, imports continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 180% against the previous year. As a result, imports attained the peak of $47K, and then dropped dramatically in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 26.3 | 0.9 | 39.4 | 4.1 | -46.2% |
| Germany | 10.8 | 9.5 | 5.8 | 2.9 | -35.5% |
| France | 5.2 | 4.1 | 1.5 | 1.4 | -35.4% |
| Portugal | N/A | N/A | N/A | 0.1 | 0% |
| Austria | 1.4 | 1.8 | 0.4 | N/A | -46.5% |
| Others | 2.0 | 0.5 | 0.3 | 0.7 | -29.5% |
| Total | 45.8 | 16.9 | 47.3 | 9.2 | -41.4% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Luxembourg in 2022:
- Belgium (990.0 kg)
- Germany (372.0 kg)
- France (81.0 kg)
- Portugal (75.0 kg)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg
In 2022, overseas shipments of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -69.2% to 233 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 4,717%.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds shrank notably to $1.4K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 5,393% against the previous year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 2,838 | 3,022 | 1,084 | -38.2% |
| Belgium | 32.0 | 398 | 1,196 | 252 | 99.0% |
| France | 27.0 | 5.0 | 1,096 | 43.0 | 16.8% |
| Others | N/A | N/A | N/A | 11.0 | 0% |
| Total | 59.0 | 3,241 | 5,314 | 1,390 | 186.7% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Luxembourg in 2022:
- Germany (199.0 kg)
- Belgium (30.0 kg)
- France (3.0 kg)
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