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

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Linseed Market Size in Norway

The Norwegian linseed market dropped to $X in 2019, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total consumption indicated buoyant 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. Based on 2019 figures, consumption increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 when the market value increased by X% against the previous year. Linseed consumption peaked at $X in 2013; however, from 2014 to 2019, consumption stood at a somewhat lower figure.

Linseed Exports

Exports from Norway

After two years of growth, shipments abroad of linseed decreased by -X% to X tonnes in 2019. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at X tonnes in 2018, and then shrank slightly in the following year.

In value terms, linseed exports expanded rapidly to $X in 2019. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, exports reached the peak of $X. From 2018 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

Belgium (X tonnes) was the main destination for linseed exports from Norway, with a X% share of total exports. Moreover, linseed exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tonnes), fivefold.

From 2007 to 2019, the average annual growth rate of volume to Belgium totaled +X%.

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

From 2007 to 2019, the average annual growth rate of value to Belgium stood at +X%.

Export Prices by Country

In 2019, the average linseed export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Belgium stood at $X per tonne.

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

Linseed Imports

Imports into Norway

In 2019, the amount of linseed imported into Norway totaled X tonnes, surging by X% on 2018. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to see steady growth in years to come.

In value terms, linseed imports reduced to $X in 2019. In general, total imports indicated resilient growth from 2007 to 2019: its value 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, imports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Belgium (X tonnes) constituted the largest supplier of linseed to Norway, with a X% share of total imports. Moreover, linseed imports from Belgium exceeded the figures recorded by the second-largest supplier, Kazakhstan (X tonnes), fivefold. The third position in this ranking was occupied by Russia (X tonnes), with a X% share.

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

In value terms, Belgium ($X) constituted the largest supplier of linseed to Norway, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Russia, with a X% share.

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

Import Prices by Country

The average linseed import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. In general, import price indicated a measured increase 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 import price decreased by -X% against 2011 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the peak figure at $X per tonne in 2011; however, from 2012 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, 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. These countries were followed by the U.S., Germany, Russia, Canada, India, Ethiopia, France, Afghanistan, the Netherlands and Poland, which together accounted 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), together accounting for 70% of global production.
What are the leading suppliers of linseed to Norway?
+
In value terms, Belgium ($1.2M) constituted the largest supplier of linseed to Norway, comprising 49% of total imports. The second position in the ranking was occupied by Kazakhstan ($375K), with a 15% share of total imports. It was followed by Russia, with a 8.8% share.
What are the leading importers of linseed from Norway?
+
In value terms, Belgium ($12K) remains the key foreign market for linseed exports from Norway, comprising 71% of total exports. The second position in the ranking was occupied by the Netherlands ($4.6K), with a 29% share of total exports.
What is the average export price for linseed in Norway?
+
The average linseed export price stood at $675 per tonne in 2019, picking up by 12% against the previous year.
What is the average import price for linseed in Norway?
+
In 2019, the average linseed import price amounted to $758 per tonne, declining by -3.8% against the previous year.

Product coverage:
• FCL 333 - Linseed

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

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