Africa: Linseed Market 2024

Linseed Market Size in Africa

The African linseed market fell modestly to $X in 2022, reducing by X% against the previous year. The total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Linseed Production in Africa

In value terms, linseed production contracted slightly to $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

The country with the largest volume of linseed production was Ethiopia (X tons), accounting for X% of total volume. Moreover, linseed production in Ethiopia exceeded the figures recorded by the second-largest producer, Egypt (X tons), sixfold. Tunisia (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Ethiopia amounted to X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Tunisia (X% per year).

The average linseed yield reached X tons per ha in 2022, picking up by X% against the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. Over the period under review, the linseed yield attained the peak level at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The linseed harvested area contracted slightly to X ha in 2022, stabilizing at the previous year's figure. Overall, the harvested area saw a pronounced decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to linseed production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Linseed Exports

Exports in Africa

In 2022, overseas shipments of linseed increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, linseed exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of linseed, namely Egypt, Mozambique and Nigeria, represented more than two-thirds of total export.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Egypt ($X), Mozambique ($X) and Nigeria ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Mozambique, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per ton, rising by X% against the previous year. Overall, the export price showed a tangible increase. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2013; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mozambique (X%), while the other leaders experienced mixed trends in the export price figures.

Linseed Imports

Imports in Africa

In 2022, imports of linseed in Africa declined to X tons, with a decrease of X% compared with the previous year. Total imports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, linseed imports stood at $X in 2022. Total imports indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Egypt was the major importing country with an import of around X tons, which accounted for X% of total imports. Morocco (X tons) held the second position in the ranking, followed by South Africa (X tons), Algeria (X tons) and Tunisia (X tons). All these countries together held near X% share of total imports.

Egypt experienced a relatively flat trend pattern with regard to volume of imports of linseed. At the same time, Algeria (X%), Tunisia (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Algeria emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. South Africa experienced a relatively flat trend pattern. While the share of Algeria (X p.p.) and Tunisia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of South Africa (X p.p.) and Egypt (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) constitutes the largest market for imported linseed in Africa, comprising X% of total imports. The second position in the ranking was held by Morocco ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

In Egypt, linseed imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per ton in 2022, rising by X% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed import price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Egypt ($X per ton), while Tunisia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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