Sweden: Linseed Market 2024

Linseed Market Size in Sweden

In 2022, the Swedish linseed market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption saw a perceptible decrease. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Linseed Production in Sweden

In value terms, linseed production rose modestly to $X in 2022 estimated in export price. Over the period under review, production saw a deep reduction. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The average yield of linseed in Sweden reached X tons per ha in 2022, increasing by X% against the year before. Over the period under review, the yield, however, continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2015 when the yield increased by X%. Over the period under review, the average linseed yield hit record highs at X tons per ha in 2012; however, from 2013 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.

The linseed harvested area in Sweden dropped markedly to X ha in 2022, waning by X% against the previous year. In general, the harvested area recorded a deep setback. The pace of growth appeared the most rapid in 2021 when the harvested area increased by X%. The linseed harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Linseed Exports

Exports from Sweden

In 2022, overseas shipments of linseed decreased by X% to X tons, falling for the fifth consecutive year after three years of growth. Overall, exports recorded a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, linseed exports shrank to $X in 2022. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X tons), Finland (X tons) and Norway (X tons) were the main destinations of linseed exports from Sweden, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Germany ($X), Finland ($X) and Norway ($X) constituted the largest markets for linseed exported from Sweden worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average linseed export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export 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 export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Imports

Imports into Sweden

In 2022, the amount of linseed imported into Sweden dropped remarkably to X tons, falling by X% on the previous year. Over the period under review, imports showed a abrupt descent. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, linseed imports declined to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of linseed imports to Sweden, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest linseed suppliers to Sweden were Italy ($X), Poland ($X) and the Netherlands ($X), together accounting for X% of total imports.

Among the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average linseed import price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, import price indicated a perceptible 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 import price increased by X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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