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

Linseed Oil Market Size in China

The Chinese linseed oil market soared to $X in 2020, with an increase of X% against the previous year. Over the period under review, consumption recorded buoyant growth. The pace of growth appeared the most rapid in 2012 when the market value increased by X% against the previous year. Linseed oil consumption peaked in 2020 and is likely to see gradual growth in the near future.

Linseed Oil Production in China

In value terms, linseed oil production surged to $X in 2020 estimated in export prices. Over the period under review, production posted a strong expansion. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. Linseed oil production peaked in 2020 and is likely to see gradual growth in the immediate term.

Linseed Oil Exports

Exports from China

For the third year in a row, China recorded decline in overseas shipments of linseed oil, which decreased by -X% to X tonnes in 2020. Over the period under review, exports showed a noticeable downturn. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2009; however, from 2010 to 2020, exports stood at a somewhat lower figure.

In value terms, linseed oil exports declined dramatically to $X in 2020. in general, exports saw a slight decrease. The most prominent rate of growth was recorded in 2008 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at $X in 2017; however, from 2018 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The U.S. (X tonnes) was the main destination for linseed oil exports from China, accounting for a X% share of total exports. Moreover, linseed oil exports to the U.S. exceeded the volume sent to the second major destination, the Netherlands (X tonnes), sevenfold. Australia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Australia (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for linseed oil exports from China, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports. It was followed by Australia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the U.S. stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Australia (-X% per year).

Export Prices by Country

The average linseed oil export price stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, the export price, however, continues to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. in 2020, the country with the highest price was Canada ($X per tonne), while the average price for exports to Democratic People's Republic of Korea ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada, while the prices for the other major destinations experienced more modest paces of growth.

Linseed Oil Imports

Imports into China

In 2020, supplies from abroad of linseed oil increased by X% to X tonnes, rising for the sixth year in a row after two years of decline. Over the period under review, imports showed strong growth. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Imports peaked in 2020 and are likely to see gradual growth in the near future.

In value terms, linseed oil imports soared to $X in 2020. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2012 with an increase of X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

Kazakhstan (X tonnes), Russia (X tonnes) and the U.S. (X tonnes) were the main suppliers of linseed oil imports to China, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in Kazakhstan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Russia ($X) and the U.S. ($X) constituted the largest linseed oil suppliers to China, together accounting for X% of total imports.

Among the main suppliers, Kazakhstan (+X% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average linseed oil import price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, import price indicated mild growth from 2007 to 2020: its price 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, linseed oil import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. in 2020, the highest prices were recorded for prices from the U.S. ($X per tonne) and Belgium ($X per tonne), while the price for Turkey ($X per tonne) and Kazakhstan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed oil in the world?
+
The country with the largest volume of linseed oil consumption was China (327K tonnes), comprising approx. 34% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the Dominican Republic (105K tonnes), threefold. The third position in this ranking was occupied by the U.S. (70K tonnes), with a 7.2% share.
What are the largest producers of linseed oil in the world?
+
China (270K tonnes) constituted the country with the largest volume of linseed oil production, comprising approx. 29% of total volume. Moreover, linseed oil production in China exceeded the figures recorded by the second-largest producer, Belgium (122K tonnes), twofold. The third position in this ranking was occupied by the Dominican Republic (106K tonnes), with a 11% share.
What are the leading suppliers of linseed oil to China?
+
In value terms, Kazakhstan ($23M), Russia ($19M) and the U.S. ($4.4M) appeared to be the largest linseed oil suppliers to China, with a combined 83% share of total imports.
What are the leading importers of linseed oil from China?
+
In value terms, the U.S. ($1.6M) remains the key foreign market for linseed oil exports from China, comprising 60% of total exports. The second position in the ranking was occupied by the Netherlands ($238K), with a 8.7% share of total exports. It was followed by Australia, with a 6% share.
What is the average export price for linseed oil in China?
+
In 2020, the average linseed oil export price amounted to $2,917 per tonne, shrinking by -5.3% against the previous year.
What is the average import price for linseed oil in China?
+
In 2020, the average linseed oil import price amounted to $969 per tonne, rising by 12% against the previous year.

Product coverage:
• FCL 334 - Oil of Linseed

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

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

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

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 in 2007–2020
Table 5:
Imports, in Physical Terms, by Country, 2007–2020
Table 6:
Imports, in Value Terms, by Country, 2007–2020
Table 7:
Import Prices, by Country of Origin, 2007–2020
Table 8:
Exports, in Physical Terms, by Country, 2007–2020
Table 9:
Exports, in Value Terms, by Country, 2007–2020
Table 10:
Export Prices, by Country of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, in Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, in Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, in Value Terms, 2007–2020
Figure 5:
Trade Balance, in Physical Terms, 2007–2020
Figure 6:
Trade Balance, in Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast to 2030
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:
Exports and Growth
Figure 15:
Export Prices and Growth
Figure 16:
Market Size and Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports and Growth
Figure 19:
Import Prices
Figure 20:
Production, in Physical Terms, 2007–2020
Figure 21:
Production, in Value Terms, 2007–2020
Figure 22:
Imports, in Physical Terms, 2007–2020
Figure 23:
Imports, in Value Terms, 2007–2020
Figure 24:
Imports, in Physical Terms, by Country, 2020
Figure 25:
Imports, in Physical Terms, by Country, 2007–2020
Figure 26:
Imports, in Value Terms, by Country, 2007–2020
Figure 27:
Import Prices, by Country of Origin, 2007–2020
Figure 28:
Exports, in Physical Terms, 2007–2020
Figure 29:
Exports, in Value Terms, 2007–2020
Figure 30:
Exports, in Physical Terms, by Country, 2020
Figure 31:
Exports, in Physical Terms, by Country, 2007–2020
Figure 32:
Exports, in Value Terms, by Country, 2007–2020
Figure 33:
Export Prices, by Country of Destination, 2007–2020
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