Report Update Apr 1, 2024

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

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Bangladesh: Linseed Market 2024

Linseed Market Size in Bangladesh

The Bangladeshi linseed market dropped modestly to $X in 2022, declining by X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Linseed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Linseed Production in Bangladesh

In value terms, linseed production declined slightly to $X in 2022 estimated in export price. Overall, production showed a slight shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average yield of linseed in Bangladesh was estimated at X kg per ha, growing by X% against 2021. 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 in certain years. The growth pace was the most rapid in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average linseed yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of linseed were harvested in Bangladesh; waning by X% on the previous year's figure. Over the period under review, the harvested area saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. 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 failed to regain momentum.

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Linseed Exports

Exports from Bangladesh

Linseed exports from Bangladesh shrank notably to X kg in 2021, waning by X% against the year before. Over the period under review, exports faced a sharp decline. The smallest decline of X% was in 2020. Over the period under review, the exports attained the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, linseed exports contracted markedly to $X in 2021. Overall, exports continue to indicate a dramatic downturn. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Maldives (X kg) was the main destination for linseed exports from Bangladesh, with a approx. X% share of total exports.

From 2019 to 2021, the average annual growth rate of volume to Maldives was relatively modest.

In value terms, Maldives ($X) emerged as the key foreign market for linseed exports from Bangladesh.

From 2019 to 2021, the average annual rate of growth in terms of value to Maldives was relatively modest.

Export Prices by Country

In 2021, the average linseed export price amounted to $X per ton, rising by X% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2019 to 2021, the rate of growth in terms of prices for Mauritius amounted to X% per year.

Linseed Imports

Imports into Bangladesh

In 2022, after ten years of growth, there was decline in purchases abroad of linseed, when their volume decreased by X% to X tons. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2021, and then declined slightly in the following year.

In value terms, linseed imports declined modestly to $X in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Russia (X tons) was the main supplier of linseed to Bangladesh, with a X% share of total imports. Moreover, linseed imports from Russia exceeded the figures recorded by the second-largest supplier, Ukraine (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to X%.

In value terms, Russia ($X) constituted the largest supplier of linseed to Bangladesh, comprising X% of total imports. The second position in the ranking was held by Ukraine ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%.

Import Prices by Country

The average linseed import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($X per ton), while the price for Ukraine stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed in the world?

China remains the largest linseed consuming country worldwide, accounting for 30% of total volume. Moreover, linseed consumption in China exceeded the figures recorded by the second-largest consumer, Kazakhstan, twofold. Canada ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of linseed in the world?

The countries with the highest volumes of production in 2022 were Russia, Kazakhstan and Canada, with a combined 71% share of global production. China, India, the United States, Ethiopia and France lagged somewhat behind, together comprising a further 21%.

What are the leading suppliers of linseed to Bangladesh?

In value terms, Russia constituted the largest supplier of linseed to Bangladesh, comprising 97% of total imports. The second position in the ranking was taken by Ukraine, with a 3.1% share of total imports.

What are the leading importers of linseed from Bangladesh?

In value terms, Maldives $360) emerged as the key foreign market for linseed exports from Bangladesh.

What is the average export price for linseed in Bangladesh?

The average linseed export price stood at $2,857 per ton in 2021, growing by 164% against the previous year.

What is the average import price for linseed in Bangladesh?

The average linseed import price stood at $429 per ton in 2022, with an increase of 1.7% against the previous year.

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

Bangladesh

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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