Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan (CIF) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $4,887 per ton in 2022, rising by 24% against the previous year. Overall, the import price saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 192% against the previous year. The import price peaked at $10,508 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +41.9% per year.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan
In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Azerbaijan dropped significantly to 3.2 tons, which is down by -22.7% against the previous year. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 9.8% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined to $16K in 2022. Over the period under review, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 18.6 | 13.4 | 16.5 | 15.7 | -5.5% |
| Others | N/A | 1.2 | N/A | 0.1 | -71.1% |
| Total | 18.6 | 14.5 | 16.5 | 15.8 | -5.3% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Azerbaijan in 2022:
- Russia (3.2 tons)
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