What is the price of linseed oil per kilogram/pound in Kazakhstan today?
The retail price range for Kazakhstan linseed oil is between US$ 0.74 and US$ 1.00 per kilogram or between US$ 0.34 and US$ 0.45 per pound(lb). Click here to see today's exact prices of linseed oil in Kazakhstan
The retail price range in Tenge for linseed oil is between KZT 333.79 and KZT 449.33 per kilogram or between KZT 151.38 and KZT 203.78 per pound(lb) in Nur-Sultan and Almaty.
Wholesale prices
In 2024, the approximate wholesale price range for Kazakhstan linseed oil is between US$ 0.52 and US$ 0.70 per kilogram or between US$ 0.24 and US$ 0.32 per pound(lb).
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Kazakhstan Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from Kazakhstan has seen a steady decline over the last five years. In 2017, the price was 0.76 US $ per kg, and in 2021 it was 1.35 US $ per kg. This represents a decrease of 0.59 US $ per kg. The lowest price was in 2016, when it was 0.83 US $ per kg. The highest price was in 2021, when it was 1.35 US $ per kg. Based on this trend, it is predicted that the price of Linseed Oil from Kazakhstan in 2023 will be 1.17 US $ per kg, and in 2024 it will be 1.00 US $ per kg.The exports of linseed oil from Kazakhstan 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)
Kazakhstan Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Kazakhstan has seen a steady decline over the past five years. In 2016, the price was $0.83, followed by $0.76 in 2017, $0.74 in 2018, $0.79 in 2019, and $0.92 in 2020. This year, 2021, the price has increased to $1.35. This is the highest price in the past five years. Looking ahead, it is likely that the import price per kilogram of Linseed Oil into Kazakhstan will remain relatively stable in the next two years. We predict that the price in 2023 will be around $1.00 and the price in 2024 will be around $1.10.Export values for Kazakhstan linseed oil
The total values in export for linseed oil in Kazakhstan were US$ 8,326, US$ 14,121, US$ 16,904 and US$ 23,182 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kazakhstan: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Asia: Kazakhstan linseed oil, Kyrgyzstan linseed oil, Tajikistan linseed oil, Turkmenistan linseed oil, Uzbekistan linseed oil, China linseed oil, Hong Kong linseed oil, Macao linseed oil, North Korea linseed oil & Mongolia linseed oil.
Kazakhstan linseed oil - Production, Exports, Imports, Seasons and HS Codes
The volume of linseed oil sold by Kazakhstan in 2020 was 26,714 metric tons. In 2019 Kazakhstan shipped 29,431 tonnes of linseed oil. In 2019 alone, the interest in Kazakhstan linseed oil (processed category) has climbed, changing by 29.686 % compared to the year 2018. Between 2017 and 2019, linseed oil's exports went up by 58.73 pc bringing the country US$23.18m for the year 2019. Kazakhstan's linseed oil exports are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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Kazakhstan linseed oil export values
In 2019, Kazakhstan shipped linseed oil with a value of 23.18m USD, an improvement of 37.13% from 2018's total linseed oil export of 16.904m USD. The yearly change in value of Kazakhstan linseed oil between 2017 to 2018 was 19.708 per cent.
The per year change in the quantity of Kazakhstan's linseed oil exports between 2017 and 2019 was 58.73% compared to a variation of 29.686% in the period between 2018 and 2019.
Export markets for Kazakhstan linseed oil ( in '000$ )
Kazakhstan's top destinations for linseed oil are China, Uzbekistan, Russia, Poland and Afghanistan.
Kazakhstan bought 722 tonnes of linseed oil in 2019.