Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uzbekistan - 2023

Contents:

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

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

The average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds stood at $1,375 per ton in 2022, dropping by -26.8% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 52% against the previous year. As a result, import price attained the peak level of $1,878 per ton, and then shrank markedly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($1,384 per ton), while the price for Kazakhstan totaled $1,375 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-7.1%).

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

In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $2,754 per ton, declining by -17.4% against the previous year. Overall, the export price faced a abrupt descent. Over the period under review, the average export prices hit record highs at $3,335 per ton in 2021, and then reduced remarkably in the following year.

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 the United States ($6,316 per ton), while the average price for exports to Kyrgyzstan ($300 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+34.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds into Uzbekistan soared to 106 tons, rising by 1,663% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds soared to $146K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A1340%
Russia15.529.011.311.5-9.5%
OthersN/AN/AN/A0.10%
Total15.529.011.3146111.2%

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

  1. Kazakhstan (97.8 tons)
  2. Russia (8.3 tons)

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

In 2022, the amount of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds exported from Uzbekistan skyrocketed to 8.6 tons, rising by 43% against 2021 figures. Over the period under review, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +43.0% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached 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 skyrocketed to $24K in 2022. The total export value increased at an average annual rate of +18.1% from 2021 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Uzbekistan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States9.513.340.0%
South Korea7.97.0-11.4%
IsraelN/A2.70%
Kyrgyzstan2.50.6-76.0%
Others0.1N/A0%
Total20.023.718.5%

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

  1. South Korea (3.5 tons)
  2. United States (2.1 tons)
  3. Kyrgyzstan (2.0 tons)
  4. Israel (1.0 tons)

Source: IndexBox Market Intelligence Platform

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