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Puerto Rico - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Linseed Oil Market 2024

Linseed Oil Exports

Exports by Country

Belgium was the main exporting country with an export of around X tons, which resulted at 47% of total exports. Russia (X tons) took the second position in the ranking, followed by Kazakhstan (X tons) and Germany (X tons). All these countries together took approx. 31% share of total exports. The Dominican Republic (X tons), the United States (X tons), Spain (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of linseed oil. At the same time, Kazakhstan (+82.9%), Russia (+71.2%) and Spain (+8.1%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing exporter exported in the world, with a CAGR of +82.9% from 2012-2021. By contrast, Germany (-5.1%), the Dominican Republic (-13.6%), the Netherlands (-14.3%) and the United States (-19.5%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Russia, Kazakhstan and Belgium increased by +14, +10 and +6.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) remains the largest linseed oil supplier from Puerto Rico, comprising 45% of global exports. The second position in the ranking was taken by Russia ($X), with a 12% share of global exports. It was followed by Kazakhstan, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Belgium amounted to +3.9%. The remaining exporting countries recorded the following average annual rates of exports growth: Russia (+57.7% per year) and Kazakhstan (+83.8% per year).

Linseed Oil Imports

Imports by Country

China (X tons), Gambia (X tons), Germany (X tons) and the Netherlands (X tons) represented roughly 57% of total imports in 2021. It was distantly followed by Norway (X tons), achieving a 4.7% share of total imports. Belgium (X tons), Japan (X tons), France (X tons), Ireland (X tons), Ethiopia (X tons), Italy (X tons), the UK (X tons) and South Korea (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of +58.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest linseed oil importing markets into Puerto Rico were China ($X), Germany ($X) and the Netherlands ($X), with a combined 42% share of total imports. These countries were followed by Gambia, Japan, Belgium, Norway, France, Ireland, Ethiopia, the UK, Italy and South Korea, which together accounted for a further 33%.

In terms of the main importing countries, Norway, with a CAGR of +47.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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Frequently Asked Questions (FAQ) :

What are the largest markets for linseed oil in the world?

China constituted the country with the largest volume of linseed oil consumption, accounting for 30% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. The third position in this ranking was held by Germany, with a 7.6% share.

What are the largest producers of linseed oil in the world?

The countries with the highest volumes of production in 2021 were China, Belgium and the United States, with a combined 52% share of global production. The Dominican Republic, Germany, India, Ethiopia, Kazakhstan, Russia, Afghanistan, Canada and Poland lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of linseed oil to Puerto Rico?

In value terms, China, Germany and the Netherlands were the countries with the highest levels of imports in 2021, together comprising 42% of total imports. Gambia, Japan, Belgium, Norway, France, Ireland, Ethiopia, the UK, Italy and South Korea lagged somewhat behind, together accounting for a further 33%.

What are the leading importers of linseed oil from Puerto Rico?

In value terms, Belgium remains the largest linseed oil supplier from Puerto Rico, comprising 45% of global exports. The second position in the ranking was held by Russia, with a 12% share of global exports. It was followed by Kazakhstan, with a 7.9% share.

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

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023