World - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 14, 2024

World - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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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.


Get FREE access to the latest data and statistics on the Linseed Oil Market.

Linseed Oil - World's Largest Markets

RatingCountry
1China
2Ethiopia
3Dominican Republic
4United States
5Germany

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

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Kazakhstan74578892111.2%
Russia80283797510.3%
Belgium88287010147.2%
Netherlands11021317142513.7%
Germany1439142617399.9%
United States13281360177215.5%
Canada426844652992-16.3%
Average1094104612516.9%

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($2,992 per ton), while Kazakhstan ($921 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Norway241218071801-13.6%
Japan232822981740-13.5%
Netherlands1094114912356.2%
United Kingdom1138107312213.6%
Germany953946120112.3%
France1022104111395.6%
Italy117311081111-2.7%
Ethiopia287520301042-39.8%
Belgium90980910236.1%
China8538669696.6%
Gambia534512415-11.8%
Average107698810930.8%

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($1,801 per ton), while Gambia ($415 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

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Linseed Oil - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
China36485625.6%
Netherlands3030311.2%
Germany302729-1.2%
Gambia2033235.2%
Norway1.63.620248.7%

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

COUNTRY201820192020CAGR,
2018-2020
million USD
Belgium9288951.8%
Russia6.32232125.5%
Canada8.58.52673.6%
Kazakhstan17232521.2%
Germany231921-4.2%

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

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global linseed oil market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 334 - Oil of Linseed

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Event
Which Country Consumes the Most Linseed Oil in the World?
Feb 9, 2018
Eye 2170

Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.

Which Country Produces the Most Linseed Oil in the World?
Nov 20, 2017
Eye 3342

In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.

Belgium Remains the Largest Global Linseed Oil Exporter despite 11% Drop in 2014
Oct 5, 2015
Eye 1793

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Which Country Produces the Most Maize Oil in the World?
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Global Maize Oil Market Reached 3,5B USD
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Tanzania Dominates Global Sesame Oil Output
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Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Free Data: Linseed Oil - World