Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (CIF) - 2022
The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $3,173 per ton in 2022, with a decrease of -33.7% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of 12% against the previous year. Over the period under review, average import prices attained the peak figure at $8,107 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($8,515 per ton), while the price for Belgium ($2,225 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+9.3%), while the prices for the other major suppliers experienced a decline.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,825 per ton, falling by -69% against the previous year. In general, the export price showed a deep setback. The pace of growth appeared the most rapid in 2016 when the average export price increased by 52% against the previous year. Over the period under review, the average export prices reached the maximum at $10,035 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($16,500 per ton), while the average price for exports to Latvia ($2,515 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 Estonia (+18.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania
Imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Lithuania surged to 35 tons in 2022, jumping by 31% against 2021 figures. In general, imports, however, continue to indicate a abrupt descent.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced to $111K in 2022. Over the period under review, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 21%.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 55.5 | 0% |
| Germany | 94.3 | 47.9 | 62.9 | 38.3 | -25.9% |
| Ukraine | 57.6 | 42.3 | 44.6 | 7.2 | -50.0% |
| Austria | 11.1 | N/A | 3.0 | 5.6 | -20.4% |
| Poland | 2.0 | 10.3 | 8.9 | 2.4 | 6.3% |
| Italy | 9.5 | 1.5 | N/A | 0.9 | -54.4% |
| Russia | 18.8 | 2.1 | 1.6 | 0.2 | -78.0% |
| Others | 4.4 | 1.8 | 7.3 | 1.2 | -35.2% |
| Total | 198 | 106 | 128 | 111 | -17.5% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Lithuania in 2022:
- Belgium (25.0 tons)
- Germany (7.0 tons)
- Ukraine (1.7 tons)
- Austria (0.7 tons)
- Poland (0.4 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania
In 2022, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds from Lithuania soared to 26 tons, growing by 1,271% against 2021 figures. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds surged to $74K in 2022. Over the period under review, exports saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 405% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | N/A | N/A | 63.0 | 0% |
| Russia | 37.2 | 1.5 | 16.5 | 9.6 | -36.3% |
| Estonia | 8.8 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 1.9 | 1.0 | 1.8 | 21.6% |
| Total | 47.0 | 3.5 | 17.5 | 74.4 | 16.5% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Lithuania in 2022:
- Latvia (25.0 tons)
- Russia (1.1 tons)
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