Price for Vegetable oils; linseed oil and its fractions, crude, not chemically modified in the United Arab Emirates - 2022
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,718 per ton, declining by -56.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 54% against the previous year. Over the period under review, average import prices reached the peak figure at $6,281 per ton in 2021, and then shrank significantly in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,353 per ton), while the price for Belgium totaled $2,632 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $1,629 per ton, increasing by 236% against the previous year. Over the period under review, the export price, however, saw a slight reduction. Over the period under review, the average export prices hit record highs at $1,915 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Yemen ($8,744 per ton), while the average price for exports to Seychelles ($526 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 Saudi Arabia (+2.7%), while the prices for the other major destinations experienced a decline.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates
In 2022, purchases abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds was finally on the rise to reach 33 tons after two years of decline. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $90K in 2022. In general, imports recorded a significant expansion. As a result, imports attained 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 the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 83.2 | 0% |
| United Kingdom | 5.7 | 8.6 | 12.0 | 3.4 | -15.8% |
| United States | 42.9 | 15.8 | 17.8 | N/A | -35.6% |
| Others | 2.1 | 3.4 | 3.7 | 3.2 | 15.1% |
| Total | 50.7 | 27.8 | 33.5 | 89.7 | 20.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to the United Arab Emirates in 2022:
- Belgium (31.6 tons)
- United Kingdom (1.0 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates
In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds exported from the United Arab Emirates fell sharply to 26 tons, shrinking by -97.5% against the previous year. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 135% against the previous year. As a result, the exports reached the peak of 1.1K tons, and then declined rapidly in the following year.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds contracted remarkably to $43K in 2022. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 7.4% against the previous year. As a result, the exports attained the peak of $513K, and then dropped rapidly in the following year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 446 | 476 | 11.4 | 25.7 | -61.4% |
| Yemen | N/A | N/A | N/A | 13.6 | 0% |
| Qatar | N/A | N/A | N/A | 1.7 | 0% |
| China | N/A | N/A | N/A | 1.1 | 0% |
| Seychelles | N/A | N/A | N/A | 0.3 | 0% |
| Nigeria | N/A | N/A | 496 | N/A | 0% |
| Tanzania | 6.5 | 1.4 | 0.4 | N/A | -75.2% |
| Others | 8.0 | N/A | 5.1 | 0.2 | -70.8% |
| Total | 460 | 477 | 513 | 42.7 | -54.7% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from the United Arab Emirates in 2022:
- Oman (21.4 tons)
- Qatar (2.1 tons)
- Yemen (1.6 tons)
- Seychelles (0.6 tons)
- China (0.4 tons)
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