Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia - 2022

Contents:

  1. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia (CIF) - 2022
  2. Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia (FOB) - 2022
  3. Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia
  4. Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia

Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia (CIF) - 2022

The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $2,073 per ton in 2022, rising by 21% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by +106.7% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($2,132 per ton), while the price for Belgium stood at $1,991 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.8%), 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 Tunisia (FOB) - 2022

In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,758 per ton, surging by 77% against the previous year. Over the period under review, the export price showed noticeable growth. The pace of growth appeared the most rapid in 2020 an increase of 179%. As a result, the export price attained the peak level of $3,860 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Libya.

From 2012 to 2022, the rate of growth in terms of prices for Mauritania amounted to +4.0% per year.

Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia

Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Tunisia fell significantly to 37 tons in 2022, declining by -48% compared with the previous year. Over the period under review, imports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 26%.

In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined significantly to $76K in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 81%.

Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands56.940.044.045.8-7.0%
Belgium53.512.362.430.3-17.3%
Germany14.612.813.7N/A-3.1%
Others5.31.81.1N/A-54.4%
Total13066.912176.0-16.4%

Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Tunisia in 2022:

  1. Netherlands (21.5 tons)
  2. Belgium (15.2 tons)

Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia

In 2022, overseas shipments of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -61.2% to 1.9 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 67%. As a result, the exports reached the peak of 6.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced sharply to $5.2K in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 365% against the previous year. As a result, the exports attained the peak of $24K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Tunisia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Libya0.51.41.45.2118.3%
Burkina Faso0.61.30.8N/A15.5%
Cameroon0.20.50.4N/A41.4%
Congo0.10.10.1N/A0.0%
Senegal1.2N/AN/AN/A0%
FranceN/A17.6N/AN/A0%
Algeria0.91.81.3N/A20.2%
Mauritania1.71.23.6N/A45.5%
OthersN/AN/AN/AN/A0%
Total5.224.07.65.20.0%

Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Tunisia in 2022:

  1. Libya (1.9 tons)

Source: IndexBox Market Intelligence Platform

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