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

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 tonne
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 tonne), while Kazakhstan ($921 per tonne) 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 tonne
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 tonne), while Gambia ($415 per tonne) 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.

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
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World - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global linseed oil market.

Africa - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Africa.

Middle East - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in the Middle East.

Eastern Asia - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Eastern Asia.

South-Eastern Asia - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in South-Eastern Asia.

Australia and Oceania - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Australia and Oceania.

Northern America - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Northern America.

Central Asia - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Central Asia.

Southern Asia - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Southern Asia.

Latin America and the Caribbean - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the linseed oil market in Latin America and the Caribbean.

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