Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $4,612 per ton, remaining constant against the previous year. Overall, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 106%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($6,460 per ton), while the price for the Netherlands ($3,806 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+24.9%), 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 Czech Republic (FOB) - 2022
The average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $4,806 per ton in 2022, reducing by -17.2% against the previous year. Over the period under review, the export price recorded a slight downturn. The growth pace was the most rapid in 2013 an increase of 74%. The export price peaked at $12,180 per ton in 2014; however, from 2015 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 Poland ($8,762 per ton), while the average price for exports to Germany ($4,319 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 Netherlands (+41.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into the Czech Republic dropped significantly to 59 tons in 2022, declining by -22.6% against 2021 figures. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds contracted sharply to $274K in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 +18.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of $353K, and then fell dramatically in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 89.8 | 129 | 158 | 179 | 25.9% |
| Poland | 0.7 | 0.7 | 1.0 | 28.8 | 245.2% |
| Netherlands | 31.9 | 61.0 | 61.8 | 28.5 | -3.7% |
| Italy | N/A | 0.9 | 7.9 | 16.6 | 329.5% |
| Ukraine | 26.3 | 50.7 | 67.1 | 3.3 | -49.9% |
| Hungary | 13.7 | 15.9 | 15.2 | N/A | 5.3% |
| Belgium | 61.9 | N/A | N/A | N/A | 0% |
| Others | 6.7 | 0.6 | 41.9 | 17.5 | 37.7% |
| Total | 231 | 259 | 353 | 274 | 5.9% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to the Czech Republic in 2022:
- Germany (42.6 tons)
- Netherlands (7.5 tons)
- Poland (4.5 tons)
- Italy (3.1 tons)
- Ukraine (0.9 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic
After three years of growth, shipments abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -12.2% to 13 tons in 2022. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 65%.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds contracted markedly to $64K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.7 | 48.1 | 59.1 | 38.5 | 19.3% |
| Slovakia | 23.5 | 18.6 | 18.4 | 18.0 | -8.5% |
| Poland | 0.9 | 1.5 | 4.2 | 3.8 | 61.6% |
| Others | 3.7 | 3.6 | 6.2 | 3.5 | -1.8% |
| Total | 50.7 | 71.8 | 87.8 | 63.8 | 8.0% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from the Czech Republic in 2022:
- Germany (8.9 tons)
- Slovakia (3.5 tons)
- Poland (0.4 tons)
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