Germany - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Germany - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Linseed Oil Price in Germany - 2023

Contents:

  1. Linseed Oil Price in Germany (CIF) - 2023
  2. Linseed Oil Price in Germany (FOB) - 2022
  3. Linseed Oil Imports in Germany
  4. Linseed Oil Exports in Germany

Linseed Oil Price in Germany (CIF) - 2023

The average linseed oil import price stood at $1,830 per ton in June 2023, with an increase of 4% against the previous month. In general, the import price, however, continues to indicate a mild downturn. The growth pace was the most rapid in December 2022 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $2,466 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($7,421 per ton), while the price for Belgium ($1,568 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Linseed Oil Price in Germany (FOB) - 2022

In 2022, the average linseed oil export price amounted to $1,938 per ton, with a decrease of -1.7% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed oil export price increased by +56.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 24%. As a result, the export price reached the peak level of $1,971 per ton, and then shrank modestly in the following year.

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 Poland ($4,073 per ton), while the average price for exports to Indonesia ($1,051 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 Poland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Oil Imports in Germany

Linseed oil imports into Germany fell markedly to 24K tons in 2022, reducing by -29.2% against the previous year. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of 34K tons, and then contracted sharply in the following year.

In value terms, linseed oil imports shrank to $49M in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of $56M, and then shrank in the following year.

Import of Linseed Oil in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium15.218.040.137.835.5%
Netherlands1.93.15.24.836.2%
Austria1.31.31.81.79.4%
France2.53.23.21.6-13.8%
Czech Republic0.90.71.11.518.6%
United States2.50.91.20.9-28.9%
Poland1.50.92.00.4-35.6%
Others0.71.11.40.6-5.0%
Total26.629.156.049.322.8%

Top Suppliers of Linseed Oil to Germany in 2022:

  1. Belgium (19.5K tons)
  2. Netherlands (2.0K tons)
  3. Czech Republic (0.7K tons)
  4. United States (0.5K tons)
  5. Austria (0.5K tons)
  6. France (0.4K tons)
  7. Poland (0.2K tons)

Linseed Oil Exports in Germany

After three years of growth, overseas shipments of linseed oil decreased by -23.1% to 10K tons in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 3%. As a result, the exports reached the peak of 14K tons, and then dropped significantly in the following year.

In value terms, linseed oil exports fell sharply to $20M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $27M, and then shrank notably in the following year.

Export of Linseed Oil in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.11.42.93.54.1%
Belgium0.40.31.62.789.0%
Netherlands1.91.63.52.25.0%
Austria1.92.21.81.8-1.8%
France2.12.52.21.6-8.7%
Italy1.01.41.61.514.5%
Denmark0.50.80.90.817.0%
Poland2.01.72.30.7-29.5%
Spain0.50.40.50.711.9%
Sweden0.20.20.50.644.2%
Philippines0.10.20.90.344.2%
Indonesia0.10.30.30.344.2%
South Korea1.81.10.40.3-45.0%
Others4.86.97.23.1-13.6%
Total20.520.926.720.1-0.7%

Top Export Markets for Linseed Oil from Germany in 2022:

  1. Japan (3107.3 tons)
  2. Belgium (2065.9 tons)
  3. Netherlands (942.0 tons)
  4. Italy (780.7 tons)
  5. France (471.0 tons)
  6. Austria (451.5 tons)
  7. Denmark (322.9 tons)
  8. Spain (273.2 tons)
  9. Indonesia (248.2 tons)
  10. Sweden (245.3 tons)
  11. Philippines (190.8 tons)
  12. Poland (169.4 tons)
  13. South Korea (109.3 tons)

Source: IndexBox Market Intelligence Platform

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

  • Germany

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Germany
  • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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