Southern Asia: Linseed Market 2024

Linseed Market Size in Southern Asia

The South Asian linseed market rose significantly to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a perceptible contraction. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Linseed Production in Southern Asia

In value terms, linseed production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

India (X tons) constituted the country with the largest volume of linseed production, accounting for X% of total volume. Moreover, linseed production in India exceeded the figures recorded by the second-largest producer, Afghanistan (X tons), threefold. The third position in this ranking was taken by Nepal (X tons), with a X% share.

In India, linseed production plunged by an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Afghanistan (X% per year) and Nepal (X% per year).

In 2022, the average yield of linseed in Southern Asia expanded rapidly to X kg per ha, surging by X% on the year before. The yield indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed yield decreased by X% against 2020 indices. The growth pace was the most rapid in 2017 when the yield increased by X% against the previous year. The level of yield peaked at X kg per ha in 2020; however, from 2021 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of linseed in Southern Asia contracted to X ha, reducing by X% on the year before. Overall, the harvested area continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the harvested area dedicated to linseed production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Linseed Exports

Exports in Southern Asia

In 2022, shipments abroad of linseed was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, linseed exports surged to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

India prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. Afghanistan (X tons) followed a long way behind the leaders.

India was also the fastest-growing in terms of the linseed exports, with a CAGR of X% from 2012 to 2022. At the same time, Afghanistan (X%) displayed positive paces of growth. India (X p.p.) significantly strengthened its position in terms of the total exports, while Afghanistan saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, India ($X) remains the largest linseed supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports.

In India, linseed exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Afghanistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Linseed Imports

Imports in Southern Asia

In 2022, supplies from abroad of linseed was finally on the rise to reach X tons after three years of decline. Over the period under review, imports recorded buoyant growth. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, linseed imports surged to $X in 2022. Overall, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Afghanistan was the main importer of linseed in Southern Asia, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. Bangladesh (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Pakistan (X%).

From 2012 to 2022, average annual rates of growth with regard to linseed imports into Afghanistan stood at X%. At the same time, Bangladesh (X%) and Pakistan (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Bangladesh (X p.p.) and Pakistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (X p.p.) displayed negative dynamics.

In value terms, Afghanistan ($X) constitutes the largest market for imported linseed in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total imports.

In Afghanistan, linseed imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, waning by X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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