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

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Linseed Market Size in Finland

The Finnish linseed market contracted dramatically to $X in 2019, waning by -X% against the previous year. Over the period under review, consumption saw notable growth. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Linseed consumption peaked at $X in 2014; however, from 2015 to 2019, consumption remained at a lower figure.

Linseed Production in Finland

In value terms, linseed production dropped significantly to $X in 2019 estimated in export prices. Over the period under review, production showed a dramatic decline. Linseed production peaked at $X in 2018, and then contracted dramatically in the following year.

In 2019, the average linseed yield in Finland surged to X kg per ha, rising by X% compared with the previous year's figure. Overall, the yield saw significant growth. As a result, the yield reached the peak level and is likely to continue growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2019, the harvested area of linseed in Finland contracted remarkably to X ha, waning by -X% against the previous year. In general, the harvested area showed a dramatic downturn. The linseed harvested area peaked at X ha in 2018, and then contracted dramatically in the following year.

Linseed Exports

Exports from Finland

After seven years of growth, overseas shipments of linseed decreased by -X% to X tonnes in 2019. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2018, and then contracted markedly in the following year.

In value terms, linseed exports contracted rapidly to $X in 2019. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Exports peaked at $X in 2018, and then declined markedly in the following year.

Exports by Country

Sweden (X tonnes) was the main destination for linseed exports from Finland, accounting for a X% share of total exports. Moreover, linseed exports to Sweden exceeded the volume sent to the second major destination, the Netherlands (X tonnes), twofold. Latvia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Sweden stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and Latvia (-X% per year).

In value terms, the largest markets for linseed exported from Finland were Sweden ($X), the Netherlands ($X) and Estonia ($X), with a combined X% share of total exports. Latvia and Denmark lagged somewhat behind, together comprising a further X (+X% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average linseed export price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, export price indicated a modest expansion 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. Based on 2019 figures, linseed export price increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Sweden ($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 the Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

Linseed Imports

Imports into Finland

In 2019, the amount of linseed imported into Finland declined remarkably to X tonnes, dropping by -X% against the previous year's figure. In general, imports continue to indicate a noticeable curtailment. 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 attained the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, linseed imports declined markedly to $X in 2019. Over the period under review, imports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Kazakhstan (X tonnes) constituted the largest supplier of linseed to Finland, with a X% share of total imports. Moreover, linseed imports from Kazakhstan exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), sevenfold. Russia (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from Kazakhstan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-X% per year) and Russia (+X% per year).

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

Among the main suppliers, Ireland (+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 import price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, import price indicated a prominent increase 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. The growth pace was the most rapid in 2008 an increase of X% year-to-year. Over the period under review, average import prices reached the maximum in 2019 and is likely to see gradual growth in years to come.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Sweden, while the prices for the other major suppliers experienced more modest paces of growth.

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), with a combined 54% share 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 Finland?
+
In value terms, the largest linseed suppliers to Finland were Kazakhstan ($263K), Ireland ($190K) and Sweden ($91K), together accounting for 81% of total imports.
What are the leading importers of linseed from Finland?
+
In value terms, Sweden ($42K), the Netherlands ($27K) and Estonia ($5.6K) constituted the largest markets for linseed exported from Finland worldwide, together comprising 88% of total exports. These countries were followed by Latvia and Denmark, which together accounted for a further 8.6%.
What is the average export price for linseed in Finland?
+
In 2019, the average linseed export price amounted to $1,089 per tonne, shrinking by -11.6% against the previous year.
What is the average import price for linseed in Finland?
+
In 2019, the average linseed import price amounted to $1,124 per tonne, with an increase of 9.4% against the previous year.

Product coverage:
• FCL 333 - Linseed

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

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