Report South Africa - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights for 499$
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South Africa - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Linseed Oil Market 2022

Linseed Oil Market Size in South Africa

In 2021, the South African linseed oil market was finally on the rise to reach $X after two years of decline. Overall, consumption enjoyed a slight expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Linseed Oil Exports

Exports from South Africa

After three years of growth, shipments abroad of linseed oil decreased by -X% to X tons in 2021. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X tons in 2020, and then declined notably in the following year.

In value terms, linseed oil exports shrank dramatically to $X in 2021. Over the period under review, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020, and then shrank notably in the following year.

Exports by Country

Zimbabwe (X tons) was the main destination for linseed oil exports from South Africa, accounting for a X% share of total exports. Moreover, linseed oil exports to Zimbabwe exceeded the volume sent to the second major destination, Namibia (X tons), threefold. The third position in this ranking was taken by Lesotho (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Zimbabwe was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (-X% per year) and Lesotho (-X% per year).

In value terms, Zimbabwe ($X) remains the key foreign market for linseed oil exports from South Africa, comprising X% of total exports. The second position in the ranking was taken by Lesotho ($X), with a X% share of total exports. It was followed by Namibia, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Zimbabwe was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Lesotho (-X% per year) and Namibia (-X% per year).

Export Prices by Country

In 2021, the average linseed oil export price amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded pronounced growth. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Lesotho ($X per ton), while the average price for exports to Malawi ($X per ton) was amongst the lowest.

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

Linseed Oil Imports

Imports into South Africa

Linseed oil imports into South Africa surged to X tons in 2021, rising by X% compared with 2020. Overall, total imports indicated a moderate increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, linseed oil imports skyrocketed to $X in 2021. In general, imports, however, saw a mild contraction. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) was the main linseed oil supplier to South Africa, with a X% share of total imports. It was followed by the Netherlands (X tons), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Belgium totaled +X%.

In value terms, Belgium ($X) constituted the largest supplier of linseed oil to South Africa, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium amounted to +X%.

Import Prices by Country

In 2021, the average linseed oil import price amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-X%).

Source: IndexBox Market Intelligence Platform

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

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, accounting for 31% 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 7.7% share.
What are the largest producers of linseed oil in the world?
+
The countries with the highest volumes of in 2021 were China, Belgium and the United States, together accounting for 55% of global production. These countries were followed by Germany, India, Ethiopia, Russia, Kazakhstan, the Dominican Republic, Afghanistan and Poland, which together accounted for a further 33%.
What are the leading suppliers of linseed oil to South Africa?
+
In value terms, Belgium constituted the largest supplier of linseed oil to South Africa, comprising 95% of total imports. The second position in the ranking was held by the Netherlands, with a 3.1% share of total imports.
What are the leading importers of linseed oil from South Africa?
+
In value terms, Zimbabwe remains the key foreign market for linseed oil exports from South Africa, comprising 39% of total exports. The second position in the ranking was held by Lesotho, with a 16% share of total exports. It was followed by Namibia, with a 13% share.
What is the average export price for linseed oil in South Africa?
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In 2021, the average linseed oil export price amounted to $1,799 per ton, rising by 60% against the previous year.
What is the average import price for linseed oil in South Africa?
+
In 2021, the average linseed oil import price amounted to $1,260 per ton, declining by -4.5% against the previous year.

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

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

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 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2007-2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
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, 2012–2021
Figure 21:
Production, In Value Terms, 2012–2021
Figure 22:
Imports, In Physical Terms, 2012–2021
Figure 23:
Imports, In Value Terms, 2012–2021
Figure 24:
Imports, In Physical Terms, By Country, 2021
Figure 25:
Imports, In Physical Terms, By Country, 2012–2021
Figure 26:
Imports, In Value Terms, By Country, 2012–2021
Figure 27:
Import Prices, By Country Of Origin, 2012–2021
Figure 28:
Exports, In Physical Terms, 2012–2021
Figure 29:
Exports, In Value Terms, 2012–2021
Figure 30:
Exports, In Physical Terms, By Country, 2021
Figure 31:
Exports, In Physical Terms, By Country, 2012–2021
Figure 32:
Exports, In Value Terms, By Country, 2012–2021
Figure 33:
Export Prices, By Country Of Destination, 2012–2021
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