What is the price of linseed oil per kilogram/pound in Egypt today?
The retail price range for Egypt linseed oil is between US$ 4.87 and US$ 8.76 per kilogram or between US$ 2.21 and US$ 3.97 per pound(lb). Click here to see today's exact prices of linseed oil in Egypt
The retail price range in Egyptian Pound for linseed oil is between EGP 152.05 and EGP 273.68 per kilogram or between EGP 68.96 and EGP 124.12 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt linseed oil is between US$ 3.41 and US$ 6.13 per kilogram or between US$ 1.54 and US$ 2.78 per pound(lb).
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Egypt Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from Egypt has seen a steady decline over the past five years. In 2016, the price was $1.15, followed by $1.00 in 2017 and 2018, and $0.96 in 2019. However, the price rose to $1.18 in 2020 and 2021, with the latest figure being $2.00. This indicates a slight upward trend in the export price of Linseed Oil from Egypt. Based on this data, it is likely that the export price per kilogram of Linseed Oil from Egypt will remain around $2.00 in 2023 and 2024.The linseed oil exports from Egypt are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
Egypt Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Egypt has seen a steady decline over the past five years. In 2017, the price was $1.00, followed by $1.00 in 2018 and $0.96 in 2019. In 2020, the price increased to $1.18, before dropping back to $2.00 in 2021. This indicates that the price of Linseed Oil is subject to fluctuations, but overall, the trend is downwards. Looking ahead, it is likely that the price of Linseed Oil will remain relatively stable in the next two years. We predict that the price in 2023 will be around $1.50 and in 2024, it will be around $1.25.Export values for Egypt linseed oil
The total values in export for linseed oil in Egypt were US$ 279, US$ 221, US$ 73 and US$ 460 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Egypt: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Africa: Algeria linseed oil, Angola linseed oil, Botswana linseed oil, Burundi linseed oil, Cameroon linseed oil, Cape Verde linseed oil, Central African Republic linseed oil, Comoros linseed oil, DRC Congo linseed oil & Benin linseed oil.
Egypt linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt exported 3 tonnes of linseed oil. For the year 2019 alone, the demand for Egypt linseed oil (processed category) has shrunk, with a change of -85.714 percent compared to the year 2018. Between 2017 and 2019, linseed oil's exports decreased by -92.5 pc bringing the exporter US$0.46m for the year 2019. Egypt's linseed oil exports are classified as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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Egypt linseed oil export values
In 2019, Egypt supplied linseed oil worth 0.46m USD, an increment of 530.14% from 2018's total linseed oil export of 0.073m USD. The annual increase in value of Egypt linseed oil between 2017 to 2018 was -66.968 percent.
The yearly variation in the amount of Egypt's linseed oil exports between 2017 and 2019 was -92.5 percent compared to a variation of -85.714% in the period between 2018 and 2019.
Export markets for Egypt linseed oil ( in '000$ )
Egypt's leading destinations for linseed oil are the Netherlands, United Kingdom (UK), Finland, Lebanon and Saudi Arabia.
Egypt bought 478 tonnes of linseed oil in 2019.