Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (FOB) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (CIF) - 2022
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,180 per ton, shrinking by -18.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices reached the maximum at $2,963 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Palestine ($2,180 per ton), while the average price for exports to Indonesia amounted to $2,177 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+1.3%), while the prices for the other major destinations experienced a decline.
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,280 per ton, surging by 42% against the previous year. Overall, the import price showed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +7.0% per year.
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt
After two years of decline, overseas shipments of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds increased by 81% to 11 tons in 2022. Over the period under review, exports, however, faced a dramatic setback.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds skyrocketed to $25K in 2022. In general, exports, however, recorded a sharp decrease.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Palestine | N/A | N/A | N/A | 23.8 | 0% |
| Indonesia | N/A | N/A | N/A | 0.8 | 0% |
| Rwanda | 152 | N/A | N/A | N/A | 0% |
| United States | 19.8 | 47.0 | 4.7 | N/A | -51.3% |
| Qatar | N/A | N/A | 10.1 | N/A | 0% |
| Others | 1.0 | 4.5 | 2.0 | N/A | 41.4% |
| Total | 173 | 51.5 | 16.8 | 24.6 | -47.8% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Egypt in 2022:
- Palestine (10.9 tons)
- Indonesia (0.4 tons)
Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt
In 2022, approx. 2.8 tons of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds were imported into Egypt; with a decrease of -99.2% on the year before. In general, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 3,744% against the previous year. As a result, imports attained the peak of 336 tons, and then reduced dramatically in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced remarkably to $6.5K in 2022. Overall, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 4,961%. As a result, imports reached the peak of $541K, and then fell significantly in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.5 | 0.2 | 12.6 | 6.5 | 135.1% |
| Netherlands | 75.7 | 8.3 | 405 | N/A | 131.3% |
| Belgium | 16.2 | 2.2 | 122 | N/A | 174.4% |
| Others | 0.1 | N/A | 0.5 | N/A | 123.6% |
| Total | 92.4 | 10.7 | 541 | 6.5 | -58.7% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Egypt in 2022:
- Germany (2.8 tons)
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