What is the price of linseed oil per kilogram/pound in Saudi Arabia today?
The retail price range for Saudi Arabia linseed oil is between US$ 4.81 and US$ 9.63 per kilogram or between US$ 2.18 and US$ 4.37 per pound(lb). Click here to see today's exact prices of linseed oil in Saudi Arabia
The retail price range in Saudi Riyal for linseed oil is between SAR 18.05 and SAR 36.10 per kilogram or between SAR 8.19 and SAR 16.37 per pound(lb) in Riyadh and Jeddah.
Wholesale prices
In 2024, the approximate wholesale price range for Saudi Arabia linseed oil is between US$ 3.37 and US$ 6.74 per kilogram or between US$ 1.53 and US$ 3.06 per pound(lb).
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Saudi Arabia Linseed Oil Export Prices - Historical, Trends and Prediction
In 2016, the export price of Linseed Oil from Saudi Arabia was US$ 0.66 per Kg. In 2017, the export price was US$ 0.05 per Kg. In 2018, the export price was US$ 0.44 per Kg. In 2019, the export price was US$ 0.24 per Kg. In 2020, the export price was US$ 0.14 per Kg. For the year 2023, the predicted export price of Linseed Oil from Saudi Arabia is US$ 0.14 per Kg.The linseed oil exports from Saudi Arabia are categorised 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)
Saudi Arabia Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Saudi Arabia over the last five years has seen a significant fluctuation. In 2016, the price was 2.05 US dollars per kg, which was the highest in the last five years. This was followed by a decrease in 2017 to 2.20 US dollars per kg. In 2018, the price dropped to 1.06 US dollars per kg, the lowest in the last five years. The price then increased to 0.89 US dollars per kg in 2019, before rising again to 2.13 US dollars per kg in 2020. The price in 2021 was 2.03 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of Linseed Oil into Saudi Arabia in 2023 will be around 2.20 US dollars per kg and in 2024 will be around 2.05 US dollars per kg.Export values for Saudi Arabia linseed oil
The total values in export for linseed oil in Saudi Arabia were US$ 470, US$ 33, US$ 279 and US$ 139 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Saudi Arabia: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Middle East: Bahrain linseed oil, Cyprus linseed oil, Iraq linseed oil, Israel linseed oil, Jordan linseed oil, Kuwait linseed oil, Lebanon linseed oil, Palestine linseed oil, Oman linseed oil & Qatar linseed oil.
Saudi Arabia linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 Saudi Arabia shipped 156 tonnes of linseed oil. For the year 2019 alone, the market for Saudi Arabia linseed oil (processed category) has decreased, flactuating by -40.458 % compared to the year 2018. Between 2017 and 2019, linseed oil's exports increased by 940 pc bringing the nation US$0.14m for the year 2019. Saudi Arabia's linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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Saudi Arabia linseed oil export values
In 2019, Saudi Arabia sold linseed oil worth 0.14m USD, a decrease of -49.82% from 2018's total linseed oil export of 0.279m USD. The annual change in value of Saudi Arabia linseed oil between 2017 to 2018 was 745.455 per cent.
The yearly variation in the volume of Saudi Arabia's linseed oil exports between 2017 and 2019 was 940% in comparison to a variation of -40.458% in the period between 2018 and 2019.
Saudi Arabia's portion of the world's total linseed oil's exports in 2019 was less than 1%. The country is ranked position 33 in world exports of linseed oil.
Export markets for Saudi Arabia linseed oil ( in '000$ )
Saudi Arabia's leading export markets for linseed oil are Spain, Austria, Pakistan, Sudan and Switzerland.
Saudi Arabia procured 441 tonnes of linseed oil in 2019.