Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $1,649 per ton, which is down by -1.8% against the previous year. Over the period under review, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63%. The import price peaked at $2,245 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($1,712 per ton), while the price for Malaysia totaled $1,634 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+63.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Qatar skyrocketed to 525 tons in 2022, increasing by 77% against the previous year. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 167% against the previous year. As a result, imports attained the peak of 779 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds surged to $865K in 2022. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 136% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Qatar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 316 | 379 | 699 | 48.7% |
| Turkey | 226 | 94.1 | N/A | 166 | -9.8% |
| South Korea | N/A | 169 | N/A | N/A | 0% |
| Ukraine | 30.6 | 81.7 | N/A | N/A | 167.0% |
| Others | 84.2 | 143 | 118 | N/A | 18.4% |
| Total | 341 | 803 | 498 | 865 | 36.4% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Qatar in 2022:
- Malaysia (427.6 tons)
- Turkey (97.1 tons)
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