Latest Report Update: Dec 23, 2021

Asia - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service, Privacy Policy and Licenses. We'll occasionally send you account related emails.

Asia: Linseed Oil Market Overview 2021

Linseed Oil Market Size in Asia

In 2020, the Asian linseed oil market increased by X% to $X, rising for the second consecutive year after two years of decline. in general, consumption posted a remarkable increase. The pace of growth was the most pronounced in 2012 when the market value increased by X% against the previous year. Over the period under review, the market attained the peak level in 2020 and is likely to see gradual growth in years to come.

Linseed Oil Production in Asia

In value terms, linseed oil production soared to $X in 2020 estimated in export prices. Overall, production recorded a prominent expansion. The growth pace was the most rapid in 2012 when the production volume increased by X% year-to-year. The level of production peaked in 2020 and is expected to retain growth in the immediate term.

Production by Country in Asia

China (X tonnes) remains the largest linseed oil producing country in Asia, comprising approx. X% of total volume. Moreover, linseed oil production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), sevenfold. The third position in this ranking was occupied by Kazakhstan (X tonnes), with a X% share.

In China, linseed oil production expanded at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: India (-X% per year) and Kazakhstan (+X% per year).

Linseed Oil Exports

Exports in Asia

In 2020, shipments abroad of linseed oil decreased by -X% to X tonnes for the first time since 2014, thus ending a five-year rising trend. in general, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum at X tonnes in 2019, and then shrank slightly in the following year.

In value terms, linseed oil exports reached $X in 2020. Overall, exports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Kazakhstan dominates linseed oil exports structure, resulting at X tonnes, which was near X% of total exports in 2020. Turkey (X tonnes), India (X tonnes), China (X tonnes), Oman (X tonnes), the United Arab Emirates (X tonnes) and Bangladesh (X tonnes) followed a long way behind the leaders.

Exports from Kazakhstan increased at an average annual rate of +X% from 2007 to 2020. at the same time, Bangladesh (+X%), Oman (+X%), Turkey (+X%) and India (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2007-2020. by contrast, China (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Kazakhstan, Turkey and Oman increased by +X%, +X% and +X% percentage points, while India (-X p.p.), China (-X p.p.) and the United Arab Emirates (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest linseed oil supplier in Asia, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by India, with a X% share.

In Kazakhstan, linseed oil exports increased at an average annual rate of +X% over the period from 2007-2020. in the other countries, the average annual rates were as follows: China (-X% per year) and India (+X% per year).

Export Prices by Country

In 2020, the linseed oil export price in Asia amounted to $X per tonne, with an increase of X% against the previous year. in general, the export price, however, recorded a slight descent. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Kazakhstan, while the other leaders experienced more modest paces of growth.

Linseed Oil Imports

Imports in Asia

In 2020, the amount of linseed oil imported in Asia reached X tonnes, with an increase of X% compared with the year before. Total imports indicated a perceptible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2020 and are likely to see steady growth in years to come.

In value terms, linseed oil imports reached $X in 2020. Total imports indicated a measured increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2013 to 2020, the growth imports remained at a lower figure.

Imports by Country

China dominates linseed oil imports structure, finishing at X tonnes, which was near X% of total imports in 2020. Japan (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by South Korea (X%). India (X tonnes), Indonesia (X tonnes) and Turkey (X tonnes) followed a long way behind the leaders.

China was also the fastest-growing in terms of the linseed oil imports, with a CAGR of +X% from 2007 to 2020. at the same time, Turkey (+X%) displayed positive paces of growth. Japan and Indonesia experienced a relatively flat trend pattern. by contrast, South Korea (-X%) and India (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total imports, while Indonesia, Japan, South Korea and India saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported linseed oil in Asia, comprising X% of total imports. The second position in the ranking was occupied by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, linseed oil imports increased at an average annual rate of +X% over the period from 2007-2020. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (-X% per year).

Import Prices by Country

The linseed oil import price in Asia stood at $X per tonne in 2020, picking up by X% against the previous year. in general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, import prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed oil in Asia?
+
China (327K tonnes) remains the largest linseed oil consuming country in Asia, comprising approx. 76% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, India (39K tonnes), eightfold. Afghanistan (19K tonnes) ranked third in terms of total consumption with a 4.5% share.
What are the largest producers of linseed oil in Asia?
+
China (270K tonnes) remains the largest linseed oil producing country in Asia, comprising approx. 71% of total volume. Moreover, linseed oil production in China exceeded the figures recorded by the second-largest producer, India (37K tonnes), sevenfold. Kazakhstan (31K tonnes) ranked third in terms of total production with a 8.2% share.
What are the leading exporters of linseed oil in Asia?
+
In value terms, Kazakhstan ($25M) remains the largest linseed oil supplier in Asia, comprising 72% of total exports. The second position in the ranking was occupied by China ($2.7M), with a 8% share of total exports. It was followed by India, with a 4.9% share.
What are the leading importers of linseed oil in Asia?
+
In value terms, China ($56M) constitutes the largest market for imported linseed oil in Asia, comprising 63% of total imports. The second position in the ranking was occupied by Japan ($13M), with a 14% share of total imports. It was followed by South Korea, with a 4.9% share.
What is the average export price for linseed oil in Asia?
+
In 2020, the linseed oil export price in Asia amounted to $1,026 per tonne, rising by 12% against the previous year.
What is the average import price for linseed oil in Asia?
+
In 2020, the linseed oil import price in Asia amounted to $1,096 per tonne, with an increase of 2.4% against the previous year.

Product coverage:
• FCL 334 - Oil of Linseed

This report provides an in-depth analysis of the linseed oil market in Asia. 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 2025.


Country coverage:
• Armenia
• Bahrain
• Bhutan
• Brunei Darussalam
• Cambodia
• Cyprus
• Democratic People's Republic of Korea
• Georgia
• Jordan
• Kyrgyzstan
• Lao People's Democratic Republic
• Lebanon
• Macao SAR
• Maldives
• Mongolia
• Palestine
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Timor-Leste
• Turkmenistan
• Yemen

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia, split by region and country
• Trade (exports and imports) in Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets and Their Profiles

• Afghanistan
• Armenia
• Azerbaijan
• Bahrain
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cyprus
• Georgia
• India
• Indonesia
• Iran
• Iraq
• Israel
• Japan
• Jordan
• Kazakhstan
• Kuwait
• Kyrgyzstan
• Lebanon
• Malaysia
• Maldives
• Mongolia
• Myanmar
• Nepal
• Oman
• Pakistan
• Palestine
• Philippines
• Qatar
• Saudi Arabia
• Singapore
• South Korea
• Sri Lanka
• Syrian Arab Republic
• Taiwan (Chinese)
• Tajikistan
• Thailand
• Timor-Leste
• Turkey
• Turkmenistan
• United Arab Emirates
• Uzbekistan
• Viet Nam
• Yemen
• Lao People's Democratic Republic
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings in 2020
Table 2:
Market Volume, in Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, by Country, 2015–2020
Table 5:
Production, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Physical Terms, by Country, 2007–2020
Table 7:
Imports, in Value Terms, by Country, 2007–2020
Table 8:
Import Prices, by Country of Destination, 2007–2020
Table 9:
Exports, in Physical Terms, by Country, 2007–2020
Table 10:
Exports, in Value Terms, by Country, 2007–2020
Table 11:
Export Prices, by Country of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, by Country, 2020
Figure 4:
Market Forecast to 2030
Figure 5:
Products: Market Size and Growth, by Type
Figure 6:
Products: Average Per Capita Consumption, by Type
Figure 7:
Products: Exports and Growth, by Type
Figure 8:
Products: Export Prices and Growth, by Type
Figure 9:
Production Volume and Growth
Figure 10:
Exports and Growth
Figure 11:
Export Prices and Growth
Figure 12:
Market Size and Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports and Growth
Figure 15:
Import Prices
Figure 16:
Production, in Physical Terms, 2007–2020
Figure 17:
Production, in Value Terms, 2007–2020
Figure 18:
Production, by Country, 2020
Figure 19:
Production, in Physical Terms, by Country, 2007–2020
Figure 20:
Imports, in Physical Terms, 2007–2020
Figure 21:
Imports, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, by Country, 2020
Figure 23:
Imports, in Physical Terms, by Country, 2007–2020
Figure 24:
Imports, in Value Terms, by Country, 2007–2020
Figure 25:
Import Prices, by Country, 2007–2020
Figure 26:
Exports, in Physical Terms, 2007–2020
Figure 27:
Exports, in Value Terms, 2007–2020
Figure 28:
Exports, in Physical Terms, by Country, 2020
Figure 29:
Exports, in Physical Terms, by Country, 2007–2020
Figure 30:
Exports, in Value Terms, by Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 22nd, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, February 8th, 2022 @ 04:00 pm ET


Register
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!



Tuesday, January 25th, 2022 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data