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Belarus - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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Belarus: Linseed Market Overview 2021

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Linseed Market Size in Belarus

In 2019, after two years of growth, there was decline in the Belarusian linseed market, when its value decreased by -X% to $X. Over the period under review, consumption saw a noticeable downturn. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2008; however, from 2009 to 2019, consumption failed to regain the momentum.

Linseed Production in Belarus

In value terms, linseed production rose sharply to $X in 2019 estimated in export prices. Over the period under review, production saw a pronounced decline. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, production attained the peak level of $X. From 2009 to 2019, production growth failed to regain the momentum.

In 2019, the average linseed yield in Belarus stood at X kg per ha, picking up by X% compared with 2018 figures. Over the period under review, the yield indicated tangible growth from 2007 to 2019: its figure increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, linseed yield decreased by -X% against 2017 indices. The pace of growth was the most pronounced in 2017 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2018 to 2019, the growth of the average linseed yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, approx. X ha of linseed were harvested in Belarus; reducing by -X% compared with 2018. In general, the harvested area saw a abrupt curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to linseed production attained the maximum at X ha in 2008; however, from 2009 to 2019, the harvested area failed to regain the momentum.

Linseed Exports

Exports from Belarus

For the third consecutive year, Belarus recorded growth in shipments abroad of linseed, which increased by X% to X tonnes in 2019. Over the period under review, exports posted a notable expansion. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tonnes in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

In value terms, linseed exports surged to $X in 2019. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Russia (X tonnes), Belgium (X tonnes) and Italy (X tonnes) were the main destinations of linseed exports from Belarus, together comprising X% of total exports.

From 2007 to 2019, the biggest increases were in Belgium (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) remains the key foreign market for linseed exports from Belarus, comprising X% of total exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Russia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+X% per year) and Italy (X% per year).

Export Prices by Country

In 2019, the average linseed export price amounted to $X per tonne, surging by X% against the previous year. In general, export price indicated a pronounced expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, linseed export price increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was Russia ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Linseed Imports

Imports into Belarus

In 2019, the amount of linseed imported into Belarus amounted to X tonnes, leveling off at 2018. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, linseed imports reached $X in 2019. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2011; however, from 2012 to 2019, imports failed to regain the momentum.

Imports by Country

Kazakhstan (X tonnes), Russia (X tonnes) and France (X tonnes) were the main suppliers of linseed imports to Belarus, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest linseed suppliers to Belarus were Kazakhstan ($X), Russia ($X) and France ($X), with a combined X% share of total imports.

Russia (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average linseed import price amounted to $X per tonne, rising by X% against the previous year. In general, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was France ($X per tonne), while the price for Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed in the world?
+
The countries with the highest volumes of linseed consumption in 2019 were China (771K tonnes), Kazakhstan (609K tonnes) and Belgium (392K tonnes), with a combined 51% share of global consumption. Canada, the U.S., Germany, India, Russia, Ethiopia, France and Poland lagged somewhat behind, together accounting for a further 35%.
What are the largest producers of linseed in the world?
+
The countries with the highest volumes of linseed production in 2019 were Kazakhstan (1.1M tonnes), Canada (694K tonnes) and Russia (666K tonnes), with a combined 70% share of global production.
What are the leading suppliers of linseed to Belarus?
+
In value terms, Kazakhstan ($608K), Russia ($502K) and France ($133K) constituted the largest linseed suppliers to Belarus, with a combined 98% share of total imports.
What are the leading importers of linseed from Belarus?
+
In value terms, Russia ($512K) remains the key foreign market for linseed exports from Belarus, comprising 54% of total exports. The second position in the ranking was occupied by Belgium ($181K), with a 19% share of total exports. It was followed by Italy, with a 14% share.
What is the average export price for linseed in Belarus?
+
The average linseed export price stood at $587 per tonne in 2019, increasing by 12% against the previous year.
What is the average import price for linseed in Belarus?
+
The average linseed import price stood at $443 per tonne in 2019, rising by 3.4% against the previous year.

Product coverage:
• FCL 333 - Linseed

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

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

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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