Afghanistan: Linseed Oil Market 2020

Linseed Oil Market Size in Afghanistan

The revenue of the linseed oil market in Afghanistan amounted to $X in 2018, rising by X% against the previous year. Over the period under review, linseed oil consumption continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Afghanistan linseed oil consumption peaked in 2018 and is expected to retain its growth in the near future.

Linseed Oil Production in Afghanistan

In value terms, linseed oil production amounted to $X in 2018 estimated in export prices. In general, linseed oil production continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2011 when production volume increased by X% against the previous year. Over the period under review, linseed oil production attained its peak figure level in 2018 and is likely to see steady growth in the immediate term.

Linseed Oil Exports

Exports from Afghanistan

In 2018, approx. X kg of linseed oil were exported from Afghanistan; flattening at the previous year. In general, linseed oil exports continue to indicate a relatively flat trend pattern.

In value terms, linseed oil exports totaled $X in 2018. In general, linseed oil exports continue to indicate a relatively flat trend pattern. Over the period under review, linseed oil exports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Exports by Country

Belgium prevails in linseed oil exports structure, recording X tons, which was near X% of total exports in 2018. Kazakhstan (X tons) held the second position in the ranking, followed by the U.S. (X tons), Germany (X tons) and Turkey (X tons). All these countries together took near X% share of total exports. Ukraine (X tons) and Spain (X tons) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern of linseed oil exports. At the same time, Kazakhstan (+X%), Turkey (+X%), Spain (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of Kazakhstan (+X p.p.), Turkey (+X p.p.), Belgium (+X p.p.), Ukraine (+X p.p.) and Spain (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X p.p.) and Germany (-X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) remains the largest linseed oil supplier from Afghanistan, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In Belgium, linseed oil exports remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: the U.S. (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2018, the linseed oil export price in Afghanistan amounted to $X per ton, leveling off at the previous year. Overall, the linseed oil export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.

Linseed Oil Imports

Imports into Afghanistan

In 2018, the imports of linseed oil into Afghanistan amounted to X tons, going up by X% against the previous year. In general, linseed oil imports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Afghanistan imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, linseed oil imports stood at $X in 2018. In general, linseed oil imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Afghanistan imports peaked at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X tons), Gambia (X tons), Germany (X tons) and the Netherlands (X tons) were the key importers of linseed oil in the world, comprising X% of total import. It was distantly followed by Haiti (X tons), constituting a X% share of total imports. The following importers - the UK (X tons), Portugal (X tons), Japan (X tons), South Korea (X tons), Chile (X tons), France (X tons) and Italy (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Portugal, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Gambia, Haiti, Japan, the UK, Portugal, South Korea, France, Italy, Chile and Afghanistan, which together accounted for a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the linseed oil import price in Afghanistan amounted to $X per ton, lowering by -X% against the previous year. In general, the linseed oil import price continues to indicate an abrupt drop. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. Afghanistan import price peaked at $X per ton in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per ton), while Gambia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Haiti, while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform