Hong Kong SAR, China - Linseed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Linseed - Market Analysis, Forecast, Size, Trends and Insights

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Linseed Price in Hong Kong SAR - 2023

Contents:

  1. Linseed Price in Hong Kong SAR (CIF) - 2022
  2. Linseed Price in Hong Kong SAR (FOB) - 2022
  3. Linseed Imports in Hong Kong SAR
  4. Linseed Exports in Hong Kong SAR

Linseed Price in Hong Kong SAR (CIF) - 2022

The average linseed import price stood at $5,714 per ton in 2022, with an increase of 19% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 50% against the previous year. The import price peaked at $6,227 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($8,924 per ton), while the price for Taiwan (Chinese) ($2,642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Linseed Price in Hong Kong SAR (FOB) - 2022

In 2022, the average linseed export price amounted to $5,372 per ton, jumping by 157% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The export price peaked at $9,663 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Macao SAR.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.5% per year.

Linseed Imports in Hong Kong SAR

Linseed imports into Hong Kong SAR surged to 34 tons in 2022, rising by 38% on 2021 figures. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 56% against the previous year. As a result, imports attained the peak of 34 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, linseed imports skyrocketed to $195K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% 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 +76.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Linseed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.731.547.783.467.6%
Canada79.279.052.662.2-7.7%
China3.77.3N/A39.1119.4%
Taiwan (Chinese)4.15.03.85.38.9%
Australia4.0N/A10.1N/A58.9%
Others1.92.14.14.836.2%
Total11012511819521.0%

Top Suppliers of Linseed to Hong Kong SAR in 2022:

  1. United States (18.0 tons)
  2. Canada (7.0 tons)
  3. China (6.7 tons)
  4. Taiwan (Chinese) (2.0 tons)

Linseed Exports in Hong Kong SAR

In 2022, after three years of growth, there was significant decline in shipments abroad of linseed, when their volume decreased by -93.2% to 333 kg. Over the period under review, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 138%. As a result, the exports reached the peak of 4.9 tons, and then reduced sharply in the following year.

In value terms, linseed exports dropped rapidly to $1.8K in 2022. Overall, exports showed a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 69%. As a result, the exports reached the peak of $10K, and then declined remarkably in the following year.

Export of Linseed in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Macao SAR5.26.12.91.8-29.8%
ChinaN/AN/A7.4N/A0%
OthersN/AN/AN/AN/A0%
Total5.26.110.31.8-29.8%

Top Export Markets for Linseed from Hong Kong SAR in 2022:

  1. Macao SAR (333.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the linseed market in Hong Kong SAR, 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:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, 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:

  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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
Store
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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.

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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

Exploring the Best Import Markets for Linseed
Apr 23, 2024
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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.

Which Country Produces the Most Linseed in the World?
Oct 30, 2017
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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.

Canada's Linseed Exports Increased by 11% in 2014
Sep 2, 2015
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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

Free Data: Linseed - Hong Kong SAR