Latest Report Update: Mar 21, 2021

Singapore - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Singapore: Linseed Oil Market Overview 2021

Webinar: Global Sugar Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global sugar market.

Tuesday, April 13th, 2021 @ 10:00 am ET

Register Now

Linseed Oil Market Size in Singapore

In 2019, the Singaporean linseed oil market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption showed a deep contraction. The most prominent rate of growth was recorded in 2013 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2014 to 2019, the growth of the market failed to regain the momentum.

Linseed Oil Production in Singapore

In value terms, linseed oil production skyrocketed to $X in 2019 estimated in export prices. In general, production, however, continues to indicate a sharp shrinkage. Over the period under review, production reached the peak level at $X in 2008; however, from 2009 to 2019, production stood at a somewhat lower figure.

Linseed Oil Exports

Exports from Singapore

Linseed oil exports from Singapore dropped notably to X tonnes in 2019, waning by -X% compared with the previous year's figure. In general, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2017 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, linseed oil exports reached $X in 2019. Over the period under review, exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2011; however, from 2012 to 2019, exports failed to regain the momentum.

Exports by Country

Malaysia (X tonnes), China (X tonnes) and Timor-Leste (X tonnes) were the main destinations of linseed oil exports from Singapore, with a combined X% share of total exports. These countries were followed by Indonesia and the Netherlands, which together accounted for a further X 2007 to 2019, the biggest increases were in the Netherlands (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for linseed oil exported from Singapore were Malaysia ($X), China ($X) and Indonesia ($X), with a combined X% share of total exports. Timor-Leste and the Netherlands lagged somewhat behind, together accounting for a further X Netherlands (+X% per year) 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 more modest paces of growth.

Export Prices by Country

The average linseed oil export price stood at $X per tonne in 2019, increasing by X% against the previous year. Overall, export price indicated perceptible 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 appeared the most rapid in 2008 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2019, export prices failed to regain the momentum.

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

Linseed Oil Imports

Imports into Singapore

For the third year in a row, Singapore recorded decline in supplies from abroad of linseed oil, which decreased by -X% to X tonnes in 2019. Over the period under review, imports faced a deep contraction. The pace of growth appeared the most rapid in 2012 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, linseed oil imports expanded to $X in 2019. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2012 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest linseed oil supplier to Singapore, with a X% share of total imports. Moreover, linseed oil imports from the U.S. exceeded the figures recorded by the second-largest supplier, India (X tonnes), threefold. Malaysia (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 the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Malaysia (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Malaysia (-X% per year).

Import Prices by Country

In 2019, the average linseed oil import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the peak figure in 2019 and is likely to see steady growth in the immediate term.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, 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 oil in the world?
+
China (287K tonnes) remains the largest linseed oil consuming country worldwide, comprising approx. 32% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (75K tonnes), fourfold. Gambia (67K tonnes) ranked third in terms of total consumption with a 7.4% share.
What are the largest producers of linseed oil in the world?
+
China (247K tonnes) constituted the country with the largest volume of linseed oil production, accounting for 31% of total volume. Moreover, linseed oil production in China exceeded the figures recorded by the second-largest producer, Belgium (121K tonnes), twofold. The third position in this ranking was occupied by the U.S. (78K tonnes), with a 9.9% share.
What are the leading suppliers of linseed oil to Singapore?
+
In value terms, the U.S. ($83K) constituted the largest supplier of linseed oil to Singapore, comprising 47% of total imports. The second position in the ranking was occupied by India ($37K), with a 21% share of total imports. It was followed by Malaysia, with a 9.3% share.
What are the leading importers of linseed oil from Singapore?
+
In value terms, the largest markets for linseed oil exported from Singapore were Malaysia ($26K), China ($15K) and Indonesia ($8.7K), with a combined 85% share of total exports. Timor-Leste and the Netherlands lagged somewhat behind, together comprising a further 12%.
What is the average export price for linseed oil in Singapore?
+
The average linseed oil export price stood at $1,902 per tonne in 2019, increasing by 38% against the previous year.
What is the average import price for linseed oil in Singapore?
+
In 2019, the average linseed oil import price amounted to $2,937 per tonne, increasing by 25% against the previous year.

Product coverage:
• FCL 334 - Oil of Linseed

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

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Singapore
• 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
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 2007–2019
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:
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Sugar Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global sugar market.



Tuesday, April 13th, 2021 @ 10:00 am ET


Register

Webinar: Global Palm Oil Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global palm oil market.



Thursday, May 6th, 2021 @ 10:00 am ET


Register

Webinar: Global Metal Tank Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global metal tank market.



Thursday, April 15th, 2021 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data