Report Hong Kong SAR, China - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Hong Kong SAR, China - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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Hong Kong SAR, China: Linseed Oil Market 2022

Linseed Oil Market Size in Hong Kong SAR, China

In 2021, after two years of growth, there was significant decline in the Hong Kong linseed oil market, when its value decreased by -X% to $X. In general, consumption showed a relatively flat trend pattern. Linseed oil consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Linseed Oil Exports

Exports from Hong Kong SAR, China

In 2021, shipments abroad of linseed oil decreased by -X% to X kg, falling for the fifth consecutive year after two years of growth. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tonnes. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, linseed oil exports declined dramatically to $X in 2021. Overall, exports saw a dramatic downturn. The pace of growth was the most pronounced in 2016 when exports increased by X% year-to-year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for linseed oil exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, linseed oil exports to China exceeded the volume sent to the second major destination, Mauritius (X kg), twofold.

From 2012 to 2021, the average annual rate of growth in terms of volume to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mauritius (+X% per year) and Macao SAR (-X% per year).

In value terms, the largest markets for linseed oil exported from Hong Kong SAR were Macao SAR ($X), China ($X) and Mauritius ($X, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average linseed oil export price stood at $X per tonne in 2021, increasing by X% against the previous year. In general, the export price enjoyed a significant increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% year-to-year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Macao SAR ($X per tonne), while the average price for exports to Mauritius ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Oil Imports

Imports into Hong Kong SAR, China

After two years of growth, overseas purchases of linseed oil decreased by -X% to X tonnes in 2021. Over the period under review, imports faced a abrupt decline. The growth pace was the most rapid in 2014 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, linseed oil imports shrank dramatically to $X in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tonnes) constituted the largest supplier of linseed oil to Hong Kong SAR, accounting for a X% share of total imports. Moreover, linseed oil imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. The third position in this ranking was occupied by the United States (X tonnes), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and the United States (-X% per year).

In value terms, the largest linseed oil suppliers to Hong Kong SAR were Belgium ($X), the Netherlands ($X) and the United States ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of +X%, recorded 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

In 2021, the average linseed oil import price amounted to $X per tonne, rising by X% against the previous year. Overall, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of X% year-to-year. The import price peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was Australia ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed oil in the world?
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China remains the largest linseed oil consuming country worldwide, comprising approx. 31% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the Dominican Republic, threefold. The United States ranked third in terms of total consumption with an 8.2% share.
What are the largest producers of linseed oil in the world?
+
The countries with the highest volumes of linseed oil production in 2021 were China, Belgium and the Dominican Republic, with a combined 53% share of global production. These countries were followed by the United States, Germany, India, Ethiopia, Russia, Kazakhstan, Afghanistan and Poland, which together accounted for a further 36%.
What are the leading suppliers of linseed oil to Hong Kong SAR, China?
+
In value terms, Belgium, the Netherlands and the United States constituted the largest linseed oil suppliers to Hong Kong SAR, with a combined 71% share of total imports.
What are the leading importers of linseed oil from Hong Kong SAR, China?
+
In value terms, the largest markets for linseed oil exported from Hong Kong SAR were Macao SAR, China and Mauritius.
What is the average export price for linseed oil in Hong Kong SAR, China?
+
In 2021, the average linseed oil export price amounted to $11,067 per tonne, surging by 74% against the previous year.
What is the average import price for linseed oil in Hong Kong SAR, China?
+
In 2021, the average linseed oil import price amounted to $5,582 per tonne, growing by 48% against the previous year.

This report provides an in-depth analysis of the linseed oil market in Hong Kong SAR, 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 2030.


Product coverage:
• FCL 334 - Oil of Linseed
Country coverage:
• Hong Kong SAR

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hong Kong SAR, 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 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption In 2007–2021
Table 5:
Imports, In Physical Terms, By Country, 2007–2021
Table 6:
Imports, In Value Terms, By Country, 2007–2021
Table 7:
Import Prices, By Country Of Origin, 2007–2021
Table 8:
Exports, In Physical Terms, By Country, 2007–2021
Table 9:
Exports, In Value Terms, By Country, 2007–2021
Table 10:
Export Prices, By Country Of Destination, 2007–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2021
Figure 5:
Trade Balance, In Physical Terms, 2007–2021
Figure 6:
Trade Balance, In Value Terms, 2007–2021
Figure 7:
Per Capita Consumption, 2007–2021
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, 2007–2021
Figure 21:
Production, In Value Terms, 2007–2021
Figure 22:
Imports, In Physical Terms, 2007–2021
Figure 23:
Imports, In Value Terms, 2007–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2007–2021
Figure 26:
Imports, In Value Terms, By Country, 2007–2021
Figure 27:
Import Prices, By Country Of Origin, 2007–2021
Figure 28:
Exports, In Physical Terms, 2007–2021
Figure 29:
Exports, In Value Terms, 2007–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2007–2021
Figure 32:
Exports, In Value Terms, By Country, 2007–2021
Figure 33:
Export Prices, By Country Of Destination, 2007–2021
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