Linseed Market
Linseed market: find newly released info enhanced by an Ai-driven market research tool. Statistics contain market size, trade, production, companies, consumption, exports, imports, and market prices. Here is a split by region, including the U.S., the U.K., Russia, the Middle East, Africa, EU, Latin America, and China. Market insights and outlook to 2030 are also provided in the snapshots.
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Linseed - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Kazakhstan |
3 | Belgium |
4 | Russia |
5 | United States |
In value terms, the largest linseed markets worldwide were China, Kazakhstan and Belgium, together comprising 39% of the global market. Russia, the United States, Ethiopia, India, Germany, France, Turkey, Canada, the UK and Afghanistan lagged somewhat behind, together accounting for a further 47%.
Russia (+59.8% per year) recorded the highest growth rate of market size, among the main consuming countries over the period under review, while linseed market for the other global leaders experienced more modest paces of growth.
Linseed Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Kazakhstan | 411 | 425 | 461 | 5.9% |
Russia | 370 | 401 | 487 | 14.7% |
Canada | 476 | 501 | 527 | 5.2% |
United States | 1135 | 752 | 587 | -28.1% |
Belgium | 567 | 556 | 605 | 3.3% |
Poland | 595 | 665 | 743 | 11.7% |
Netherlands | 804 | 807 | 976 | 10.2% |
Average | 479 | 487 | 549 | 7.1% |
Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($976 per ton), while Kazakhstan ($461 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
France | 656 | 689 | 746 | 6.6% |
United States | 604 | 638 | 698 | 7.5% |
Germany | 541 | 615 | 669 | 11.2% |
Netherlands | 568 | 549 | 640 | 6.1% |
Italy | 558 | 498 | 581 | 2.0% |
Poland | 411 | 429 | 551 | 15.8% |
Belgium | 430 | 454 | 521 | 10.1% |
China | 452 | 432 | 432 | -2.2% |
Russia | 304 | 327 | 406 | 15.6% |
Turkey | 348 | 344 | 340 | -1.2% |
Average | 488 | 487 | 531 | 4.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($746 per ton), while Turkey ($340 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Poland, while the other global leaders experienced more modest paces of growth.
Linseed - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Belgium | 187 | 209 | 266 | 19.2% |
China | 180 | 184 | 185 | 1.5% |
Germany | 89 | 77 | 103 | 7.7% |
United States | 89 | 81 | 77 | -6.9% |
Turkey | 47 | 54 | 63 | 15.5% |
In value terms, Belgium ($266M), China ($185M) and Germany ($103M) were the countries with the highest levels of imports in 2020, together comprising 54% of global imports. These countries were followed by the United States, Turkey, Poland, the Netherlands, France, Italy and Russia, which together accounted for a further 30%.
Russia (+144.8% per year) recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Linseed - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Canada | 244 | 196 | 254 | 2.2% |
Russia | 147 | 219 | 230 | 25.0% |
Kazakhstan | 134 | 190 | 209 | 24.6% |
Belgium | 58 | 62 | 102 | 33.0% |
Poland | 47 | 50 | 53 | 6.1% |
In value terms, the largest linseed supplying countries worldwide were Canada ($254M), Russia ($230M) and Kazakhstan ($209M), with a combined 68% share of global exports. Belgium, Poland, the Netherlands and the United States lagged somewhat behind, together accounting for a further 20%.
In terms of the main exporting countries, the United States saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Linseed - Market Forecast
Driven by increasing demand for linseed worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Linseed - Top Companies
Ungerer & Company, Inc., JOE FLOWERS PLC, CEO AGRIFOOD LIMITED, Crosbyton Seed Co, Mayerhofer Agrarhandel GmbH, DESHIDRATADORA LIBERTAD S.A.C., Agroindustrial y Comercial Agroinco S.R.L., SELET HULLING PLC, KIBBUTZ MA'AYAN TZVI ORCHARDS, AGRO SUKSES LESTARI, PT, ROLAR DE CUYO S.A., 2712270 Manitoba Ltd, Sociedad Agricola Quinahue Limitada, Sociedad Agricola Y Ganadera Tierra Buena Limitada, NUSEED S.A., Roberts Brothers Inc, Körchower Ackerbau GmbH, RAGAB ALI ELFAKE-RE FOR FLAX, S&W SEMILLAS S.A. SOCIEDAD EN FORMACION, VTGEN S.A.
Linseed - Product Coverage
- HS 1204 - Oil seeds; linseed, whether or not broken
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