Ukraine - Linseed - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ukraine - Linseed - Market Analysis, Forecast, Size, Trends and Insights

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Linseed Price in Ukraine - 2023

Contents:

  1. Linseed Price in Ukraine (FOB) - 2023
  2. Linseed Price in Ukraine (CIF) - 2022
  3. Linseed Exports in Ukraine
  4. Linseed Imports in Ukraine

Linseed Price in Ukraine (FOB) - 2023

In August 2023, the average linseed export price amounted to $361 per ton, declining by -23% against the previous month. In general, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 29% m-o-m. The export price peaked at $941 per ton in January 2023; however, from February 2023 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Germany ($1,046 per ton), while the average price for exports to Algeria ($205 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Price in Ukraine (CIF) - 2022

In 2022, the average linseed import price amounted to $1,501 per ton, increasing by 132% against the previous year. Over the period under review, the import price recorded a measured increase. Over the period under review, average import prices reached the maximum at $2,017 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,502 per ton), while the price for Kazakhstan ($666 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Linseed Exports in Ukraine

Linseed exports from Ukraine fell to 19K tons in 2022, which is down by -8.3% on the year before. Over the period under review, exports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 126% against the previous year. As a result, the exports attained the peak of 21K tons, and then reduced in the following year.

In value terms, linseed exports shrank to $13M in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 171% against the previous year. As a result, the exports reached the peak of $14M, and then contracted in the following year.

Export of Linseed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,3317382,0582,65725.9%
Germany8096991,0061,73328.9%
Egypt2672981,0551,17063.6%
Bulgaria8726809159723.7%
Czech Republic77.32.727856494.0%
Hungary10313719554974.7%
Netherlands10.0N/A245458257.8%
Turkey21615225344427.1%
Belgium1673482,70341535.4%
Serbia472346583401-5.3%
Italy70.261.728536372.9%
South Africa2352173352431.1%
Israel1688.842722410.1%
Others2,5021,5793,9603,0637.0%
Total7,2995,26614,29713,25522.0%

Top Export Markets for Linseed from Ukraine in 2022:

  1. Poland (3.4K tons)
  2. Egypt (2.9K tons)
  3. Germany (1.5K tons)
  4. Bulgaria (1.2K tons)
  5. Turkey (0.9K tons)
  6. Czech Republic (0.9K tons)
  7. Serbia (0.6K tons)
  8. Belgium (0.6K tons)
  9. Hungary (0.6K tons)
  10. Israel (0.5K tons)
  11. Netherlands (0.5K tons)
  12. Italy (0.5K tons)
  13. South Africa (0.4K tons)

Linseed Imports in Ukraine

In 2022, purchases abroad of linseed decreased by -94.6% to 48 tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when imports increased by 249%. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, linseed imports contracted rapidly to $73K in 2022. In general, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2020 with an increase of 290%. As a result, imports reached the peak of $974K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Linseed in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada33.21.53.139.45.9%
Poland0.2N/AN/A20.3366.5%
GermanyN/A2.217.48.9101.1%
Kazakhstan1619555091.2-80.5%
Others54.415.053.32.9-62.4%
Total24997458372.5-33.7%

Top Suppliers of Linseed to Ukraine in 2022:

  1. Poland (22.1 tons)
  2. Canada (20.2 tons)
  3. Germany (3.5 tons)
  4. Kazakhstan (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the linseed market in Ukraine. 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:

  • Ukraine

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ukraine
  • 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
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