Linseed Oil Market

Linseed oil market: find newly released datasets featured by an Ai-driven BI platform. Data cover market size, production, trade, imports, companies, exports, consumption, and market prices. There is a breakdown by country, including Africa, the U.S., Russia, China, the Middle East, EU, the U.K., and Latin America. Market dynamics and forecast to 2030 are also provided in the reports.

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Linseed Oil - World's Largest Markets

In value terms, China led the market, alone. The second position in the ranking was occupied by Ethiopia. It was followed by the Dominican Republic.

From 2018 to 2020, the average annual growth rate of value in China stood at +8.6%. In the other countries, the average annual rates were as follows: Ethiopia (+15.4% per year) and the Dominican Republic (+7.8% per year).

Linseed Oil Prices

Linseed Oil - Top Importers

In value terms, China ($56M), the Netherlands ($31M) and Germany ($29M) appeared to be the countries with the highest levels of imports in 2020, with a combined 41% share of global imports. Gambia, Norway, Japan, Ethiopia, France, Belgium, Italy and the UK lagged somewhat behind, together accounting for a further 33%.

Among the main importing countries, Ethiopia (+1,541.9% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Linseed Oil - Top Exporters

In value terms, Belgium ($95M) remains the largest linseed oil supplier worldwide, comprising 37% of global exports. The second position in the ranking was occupied by Russia ($32M), with a 12% share of global exports. It was followed by Canada, with a 9.8% share.

In Belgium, linseed oil exports expanded at an average annual rate of +1.8% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+125.5% per year) and Canada (+73.6% per year).

Linseed Oil - Market Forecast

Driven by increasing demand for linseed oil 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 Oil - Top Companies

UNI-PRESIDENT ENTERPRISES CORP., Cargill Agrícola S/A, ADM do Brasil Ltda, Louis Dreyfus Company Brasil S/A., VICENTIN S.A.I.C., Tibet Linzhi Medog County Baimagang Grain & Oil Processing Sales Co., Ltd., Cocamar - Cooperativa Agroindustrial, Bianchini S/A. Indústria, Comércio e Agricultura, Dongguan Fuzhiyuan Feedstuff Protein Development Co., Ltd., Jiu San Group Tianjin Soya Science And Technology Co., Ltd., THAI VEGETABLE OIL PUBLIC COMPANY LIMITED, Syngenta Seeds, LLC, Solae, LLC, TTET UNION CORPORATION, Bunge Sanwei Grease Co., Ltd., ABC Indústria e Comércio S/A - ABC Inco, GUJARAT AMBUJA EXPORTS LIMITED, Zhongfang Foodgrain & Cooking Oil (Dongguan) Co., Ltd., COOPERATIVA COLONIAS UNIDAS AGROPECUARIA INDUSTRIAL LIMITADA, Gushen Biological Technology Group Co., Ltd.

Linseed Oil - Product Coverage

• HS 151511 - Vegetable oils; linseed oil and its fractions, crude, not chemically modified
• HS 151519 - Vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified