China - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Price in China - 2023
Contents:
- Linseed Price in China (CIF) - 2023
- Linseed Price in China (FOB) - 2022
- Linseed Imports in China
- Linseed Exports in China
Linseed Price in China (CIF) - 2023
In September 2023, the average linseed import price amounted to $455 per ton, remaining constant against the previous month. Overall, the import price, however, showed a noticeable descent. The growth pace was the most rapid in February 2023 an increase of 5.4% against the previous month. Over the period under review, average import prices attained the peak figure at $646 per ton in September 2022; however, from October 2022 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Canada ($639 per ton), while the price for Russia ($445 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (-1.3%), while the prices for the other major suppliers experienced a decline.
Linseed Price in China (FOB) - 2022
The average linseed export price stood at $1,793 per ton in 2022, with an increase of 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.4%. The growth pace was the most rapid in 2013 when the average export price increased by 56%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($2,388 per ton), while the average price for exports to Germany ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.
Linseed Imports in China
In 2022, the amount of linseed imported into China skyrocketed to 615K tons, rising by 45% on 2021 figures. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, linseed imports soared to $405M in 2022. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 54%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Linseed in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 85.0 | 43.5 | 130 | 286 | 49.8% |
| Kazakhstan | 1.2 | 55.4 | 35.2 | 99.6 | 336.2% |
| Canada | 97.9 | 71.9 | 98.2 | 19.4 | -41.7% |
| Others | 0.1 | 0.5 | 0.4 | 0.2 | 26.0% |
| Total | 184 | 171 | 264 | 405 | 30.1% |
Top Suppliers of Linseed to China in 2022:
- Russia (432.0K tons)
- Kazakhstan (151.9K tons)
- Canada (30.5K tons)
Linseed Exports in China
In 2022, after two years of decline, there was significant growth in shipments abroad of linseed, when their volume increased by 27% to 731 tons. In general, exports, however, faced a deep downturn.
In value terms, linseed exports surged to $1.3M in 2022. Over the period under review, exports, however, saw a deep reduction.
| Export of Linseed in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 67.3 | 89.5 | 39.1 | 314 | 67.1% |
| Malaysia | 86.7 | 101 | 180 | 181 | 27.8% |
| United Kingdom | 28.3 | 25.9 | N/A | 165 | 80.0% |
| Thailand | 103 | 73.4 | 171 | 126 | 6.9% |
| Taiwan (Chinese) | 8.9 | 8.6 | 38.4 | 70.1 | 99.0% |
| Netherlands | 266 | 367 | N/A | 67.4 | -36.7% |
| Indonesia | N/A | N/A | 60.1 | 64.1 | 6.7% |
| Israel | N/A | 94.9 | 115 | 62.9 | -18.6% |
| New Zealand | 221 | 183 | 77.7 | 26.3 | -50.8% |
| Germany | 775 | 192 | 60.9 | N/A | -72.0% |
| Others | 157 | 241 | 155 | 234 | 14.2% |
| Total | 1,713 | 1,378 | 897 | 1,311 | -8.5% |
Top Export Markets for Linseed from China in 2022:
- Germany (undefined tons)
- South Korea (164.4 tons)
- United Kingdom (105.0 tons)
- Malaysia (104.5 tons)
- Thailand (66.0 tons)
- Indonesia (45.9 tons)
- Taiwan (Chinese) (45.0 tons)
- Israel (43.0 tons)
- Netherlands (42.0 tons)
- New Zealand (11.0 tons)
This report provides an in-depth analysis of the linseed market in China. 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 333 - Linseed
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the linseed market in China.
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This report provides an in-depth analysis of the global linseed market.
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This report provides an in-depth analysis of the linseed market in China.
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This report provides an in-depth analysis of the global linseed market.
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In February 2023, the price of linseed reached $534 per ton on a Cost Insurance and Freight (CIF) basis in China – a 5.4% rise compared to the previous month.
74
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2625
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1208
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
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Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
306
In February 2023, the price of linseed reached $534 per ton on a Cost Insurance and Freight (CIF) basis in China – a 5.4% rise compared to the previous month.
74
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
2625
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
1208
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
