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

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Linseed Market Size in Colombia

The Colombian linseed market was finally on the rise to reach $X in 2019, after two years of decline. In general, the total consumption indicated a tangible increase from 2007 to 2019: its value 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. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Linseed consumption peaked at $X in 2016; however, from 2017 to 2019, consumption remained at a lower figure.

Linseed Exports

Exports from Colombia

In 2019, approx. X tonnes of linseed were exported from Colombia; growing by X% on the previous year. Over the period under review, exports, however, continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. As a result, exports reached the peak of X tonnes. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, linseed exports expanded significantly to $X in 2019. In general, exports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

The Dominican Republic (X tonnes) was the main destination for linseed exports from Colombia, with a X% share of total exports. Moreover, linseed exports to the Dominican Republic exceeded the volume sent to the second major destination, Curacao (X kg), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume to the Dominican Republic amounted to -X%.

In value terms, the Dominican Republic ($X) remains the key foreign market for linseed exports from Colombia, comprising X% of total exports. The second position in the ranking was occupied by Curacao ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to the Dominican Republic totaled -X%.

Export Prices by Country

The average linseed export price stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2013; however, from 2014 to 2019, export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2019, the country with the highest price was the Dominican Republic ($X per tonne), while the average price for exports to Curacao stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic.

Linseed Imports

Imports into Colombia

Linseed imports into Colombia shrank slightly to X tonnes in 2019, approximately reflecting 2018 figures. Overall, total imports indicated a mild expansion from 2007 to 2019: its volume 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, imports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, linseed imports expanded sharply to $X in 2019. Over the period under review, total imports indicated prominent growth from 2007 to 2019: its value 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. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2013 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest supplier of linseed to Colombia, with a X% share of total imports. Moreover, linseed imports from Canada exceeded the figures recorded by the second-largest supplier, the U.S. (X tonnes), fivefold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of linseed to Colombia, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Canada amounted to +X%.

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, import price indicated pronounced growth from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the U.S. ($X per tonne), while the price for Canada amounted to $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Canada.

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 (741K tonnes), Kazakhstan (531K tonnes) and Belgium (392K tonnes), together accounting for 54% of global consumption. The U.S., Germany, Russia, Canada, India, Ethiopia, France, Afghanistan, the Netherlands and Poland lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of linseed in the world?
+
The countries with the highest volumes of linseed production in 2019 were Kazakhstan (1M tonnes), Russia (659K tonnes) and Canada (486K tonnes), with a combined 70% share of global production.
What are the leading suppliers of linseed to Colombia?
+
In value terms, Canada ($1M) constituted the largest supplier of linseed to Colombia, comprising 83% of total imports. The second position in the ranking was occupied by the U.S. ($216K), with a 17% share of total imports.
What are the leading importers of linseed from Colombia?
+
In value terms, the Dominican Republic ($6.8K) remains the key foreign market for linseed exports from Colombia, comprising 96% of total exports. The second position in the ranking was occupied by Curacao ($266), with a 3.8% share of total exports.
What is the average export price for linseed in Colombia?
+
In 2019, the average linseed export price amounted to $3,644 per tonne, almost unchanged from the previous year.
What is the average import price for linseed in Colombia?
+
The average linseed import price stood at $639 per tonne in 2019, rising by 7.5% against the previous year.

Product coverage:
• FCL 333 - Linseed

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

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