Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (FOB) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (CIF) - 2022
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (FOB) - 2022
The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $8,305 per ton in 2022, reducing by -41.2% against the previous year. In general, the export price, however, enjoyed a mild increase. The pace of growth appeared the most rapid in 2015 an increase of 103%. Over the period under review, the average export prices reached the maximum at $14,118 per ton in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($11,886 per ton), while the average price for exports to the Netherlands ($3,647 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 the United States (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,161 per ton in 2022, surging by 13% against the previous year. In general, the import price, however, continues to indicate a mild slump. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. Over the period under review, average import prices reached the maximum at $2,534 per ton in 2012; however, from 2013 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 China ($4,183 per ton), while the price for the Netherlands ($1,300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand
In 2022, shipments abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by 151% to 135 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a modest expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $1.1M in 2022. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.1% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 485 | 533 | 725 | 868 | 21.4% |
| Netherlands | N/A | N/A | N/A | 201 | 0% |
| Australia | 543 | 91.1 | 3.6 | 14.1 | -70.4% |
| Others | 12.5 | 31.2 | 31.1 | 38.3 | 45.2% |
| Total | 1,040 | 656 | 759 | 1,122 | 2.6% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from New Zealand in 2022:
- Japan (73.0 tons)
- Netherlands (55.2 tons)
- Australia (3.4 tons)
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into New Zealand skyrocketed to 91 tons in 2022, increasing by 24% compared with the year before. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $198K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 37.9 | 79.5 | 124 | 154 | 59.6% |
| Netherlands | 52.7 | 36.4 | N/A | 21.3 | -26.1% |
| Australia | 12.1 | 19.2 | 16.1 | 12.1 | 0.0% |
| China | N/A | N/A | N/A | 9.5 | 0% |
| Others | N/A | N/A | 0.5 | 0.9 | 80.0% |
| Total | 103 | 135 | 141 | 198 | 24.3% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to New Zealand in 2022:
- Belgium (66.2 tons)
- Netherlands (16.4 tons)
- Australia (6.1 tons)
- China (2.3 tons)
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