Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria - 2023
Contents:
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria (CIF) - 2022
- Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria (FOB) - 2022
- Imports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria
- Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria
Price for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria (CIF) - 2022
In 2022, the average import price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $3,517 per ton, picking up by 24% against the previous year. Overall, the import price, however, saw a abrupt slump. The pace of growth was the most pronounced in 2018 when the average import price increased by 261% against the previous year. Over the period under review, average import prices attained the peak figure at $18,695 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,357 per ton), while the price for Belgium ($2,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.2%), 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 Bulgaria (FOB) - 2022
In 2022, the average export price for vegetable oils; linseed oil and its fractions, crude, not chemically modifieds amounted to $20,016 per ton, growing by 93% against the previous year. Over the period under review, the export price, however, recorded a drastic downturn. The export price peaked at $36,180 per ton in 2012; however, from 2013 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 Latvia ($31,329 per ton), while the average price for exports to Georgia amounted to $10,636 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (-2.5%), 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 Bulgaria
In 2022, overseas purchases of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -57.7% to 9.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 6.1% against the previous year. As a result, imports attained the peak of 22 tons, and then declined rapidly in the following year.
In value terms, imports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds declined significantly to $33K in 2022. Overall, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, imports attained the peak of $62K, and then contracted significantly in the following year.
| Import of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 18.6 | 23.1 | 38.0 | 14.8 | -7.3% |
| Germany | 6.7 | 5.8 | 12.6 | 6.9 | 1.0% |
| Hungary | N/A | N/A | N/A | 3.8 | 0% |
| Netherlands | 1.9 | 2.4 | 6.1 | 2.8 | 13.8% |
| Poland | N/A | N/A | N/A | 1.9 | 0% |
| Austria | 3.4 | 2.9 | 3.6 | N/A | 2.9% |
| Others | 3.7 | 0.9 | 1.9 | 2.5 | -12.3% |
| Total | 34.3 | 35.1 | 62.2 | 32.7 | -1.6% |
Top Suppliers of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified to Bulgaria in 2022:
- Belgium (6.1 tons)
- Germany (1.1 tons)
- Hungary (1.0 tons)
- Poland (0.5 tons)
- Netherlands (0.4 tons)
Exports of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria
In 2022, shipments abroad of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds decreased by -83.7% to 503 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, the exports attained the peak of 3.1 tons, and then fell rapidly in the following year.
In value terms, exports of vegetable oils; linseed oil and its fractions, crude, not chemically modifieds reduced remarkably to $10K in 2022. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. As a result, the exports reached the peak of $32K, and then reduced markedly in the following year.
| Export of Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | 2.8 | 12.2 | 7.1 | 59.2% |
| Georgia | N/A | N/A | 0.4 | 2.9 | 625.0% |
| Japan | 5.4 | 9.5 | 10.1 | N/A | 36.8% |
| North Macedonia | 9.6 | 6.6 | 7.0 | N/A | -14.6% |
| Others | N/A | 0.4 | 2.4 | N/A | 500.0% |
| Total | 15.0 | 19.4 | 32.0 | 10.1 | -12.4% |
Top Export Markets for Vegetable Oils; Linseed Oil and Its Fractions, Crude, Not Chemically Modified from Bulgaria in 2022:
- Georgia (275.0 kg)
- Latvia (228.0 kg)
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