Turkey - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Price in Turkey - 2023
Contents:
- Linseed Price in Turkey (CIF) - 2023
- Linseed Price in Turkey (FOB) - 2023
- Linseed Imports in Turkey
- Linseed Exports in Turkey
Linseed Price in Turkey (CIF) - 2023
The average linseed import price stood at $488 per ton in September 2023, increasing by 4.6% against the previous month. Over the period under review, the import price, however, recorded a perceptible shrinkage. The growth pace was the most rapid in March 2023 an increase of 25% against the previous month. As a result, import price reached the peak level of $703 per ton. From April 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Kazakhstan ($640 per ton), while the price for Russia ($375 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 Ukraine (+1.0%), while the prices for the other major suppliers experienced a decline.
Linseed Price in Turkey (FOB) - 2023
In September 2023, the average linseed export price amounted to $719 per ton, declining by -12.8% against the previous month. In general, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 62% month-to-month. As a result, the export price attained the peak level of $1,292 per ton. From January 2023 to September 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the Netherlands ($5,092 per ton), while the average price for exports to Morocco ($353 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.
Linseed Imports in Turkey
In 2022, approx. 88K tons of linseed were imported into Turkey; rising by 98% compared with 2021 figures. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 205% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, linseed imports skyrocketed to $74M in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 379% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Linseed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 9.7 | 2.9 | 31.8 | 45.0 | 66.8% |
| Kazakhstan | 0.6 | 5.2 | 8.1 | 28.1 | 260.5% |
| Others | 0.3 | 0.2 | 0.4 | 0.7 | 32.6% |
| Total | 10.6 | 8.4 | 40.3 | 73.8 | 90.9% |
Top Suppliers of Linseed to Turkey in 2022:
- Russia (55.6K tons)
- Kazakhstan (31.0K tons)
Linseed Exports in Turkey
Linseed exports from Turkey surged to 57K tons in 2022, growing by 274% against the previous year's figure. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 280% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, linseed exports skyrocketed to $58M in 2022. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 303% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Linseed in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 0.5 | 12.0 | 44.2 | 280.9% |
| Netherlands | 1.4 | 1.1 | 1.4 | 5.8 | 60.6% |
| Germany | 0.7 | 0.6 | 0.7 | 2.6 | 54.9% |
| Morocco | N/A | N/A | N/A | 1.0 | 0% |
| Bangladesh | 0.7 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 1.6 | 1.1 | 4.7 | 80.4% |
| Total | 4.5 | 3.8 | 15.2 | 58.3 | 134.9% |
Top Export Markets for Linseed from Turkey in 2022:
- United States (45.9K tons)
- Netherlands (4.0K tons)
- Germany (1.7K tons)
- Morocco (1.4K tons)
This report provides an in-depth analysis of the linseed market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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 Turkey.
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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 Turkey.
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This report provides an in-depth analysis of the global linseed market.
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In September 2022, the linseed price amounted to $623 per ton (CIF, Turkey), declining by -21.6% against the previous month.
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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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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.
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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
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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
232
In September 2022, the linseed price amounted to $623 per ton (CIF, Turkey), declining by -21.6% against the previous month.
71
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.
2621
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.
1204
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
