Earlier Report Observations
Between 2018 and 2023, the linseed market in Bangladesh expanded from 7 379 tons to 11 948 tons, a growth of 62%. This increase was primarily driven by a surge in imports, which more than doubled over the period. The market experienced a temporary contraction in 2020 to 6 989 tons, followed by a sharp rebound in 2021 when it jumped to 10 977 tons.
Domestic production fluctuated during these years, starting at 4 464 tons in 2018 and declining to 3 582 tons by 2023. In contrast, imports rose steadily from 2 915 tons to 8 367 tons in 2023, indicating a growing reliance on foreign supply to meet domestic demand. The market size stabilized in 2022 at 10 841 tons before reaching its peak in 2023.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Bangladesh
- 5.1.1. Annual dynamics of production in Bangladesh in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Bangladesh in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Bangladesh
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/kg
- 6.1.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/kg
- 6.1.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/kg
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Bangladesh in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Bangladesh by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Bangladesh in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Bangladesh by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/kg
- 6.2.4.1. Annual dynamics of average price of product's imports to Bangladesh, 2018-2024, $ US/kg
- 6.2.4.2. Dynamics of average price of product's imports to Bangladesh by countries, 2018-2024, $ US/kg
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/kg
- 7.1.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/kg
- 7.1.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/kg
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Bangladesh in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Bangladesh by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Bangladesh in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Bangladesh by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/kg
- 7.2.4.1. Annual dynamics of average price of product's exports from Bangladesh, 2018-2024, $ US/kg
- 7.2.4.2. Dynamics of average price of product's exports from Bangladesh by countries, 2018-2024, $ US/kg
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production linseed in Bangladesh
In kind, 2017-2020, t
Bangladesh ranked 21st globally in linseed production between 2017 and 2020.
Top producers of linseed, 2017-2020
World map of production of linseed, 2017-2020
Bangladesh's linseed production declined for the second consecutive year. In 2020, the country produced 3 094 tonnes, marking a significant 15.0% year-on-year decrease. Between 2017 and 2020, production fell by 25.7%, which translates to an annualized decline of 9.4%. The highest production level was recorded in 2018 at 4 464 tonnes. The largest annual decrease occurred in 2019, with an 18.4% drop, while the biggest increase was seen in 2018, with a 7.2% rise.
Annual dynamics of production in Bangladesh in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.2% | (18.4%) | (15.0%) | (9.4%) |
Exports linseed from Bangladesh
Exports in kind, t
In 2020, linseed shipments from Bangladesh totalled 0.5 tonnes, representing a sharp 68.6% decline compared to the previous year.
Annual dynamics of product's exports from Bangladesh in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (68.6%) | - |
From 2017 to 2020, Bangladesh's linseed exports were primarily directed towards Malaysia and Mauritius, which together accounted for 100.0% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Bangladesh in kind, 2017-2020
Exports in value, K $ US
In 2020, Bangladesh's linseed exports amounted to 1 000 US dollars, showing a substantial 65.1% decrease from the year before.
Annual dynamics of product's exports from Bangladesh in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | (65.1%) | - |
Throughout 2017–2020, the export structure in value terms was heavily concentrated on Malaysia and Mauritius, which jointly made up 100.0% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Bangladesh in value, 2017-2020
Imports linseed to Bangladesh
Imports in kind, t
Bangladesh's linseed imports increased for the third consecutive year. In 2020, the country imported 3 895 tonnes, reflecting a modest 2.2% gain over 2019. Between 2017 and 2020, imports surged by 196.8%, equating to an annualized growth rate of 43.7%.
Annual dynamics of product's imports to Bangladesh in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 122.2% | 30.7% | 2.2% | 43.7% |
Between 2017 and 2020, Russia and Ukraine were the dominant sources for Bangladesh's linseed imports in kind, together accounting for 83.1% of total flows, with the remainder distributed among other markets.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Bangladesh in kind, 2017-2020
Imports in value, K $ US
Bangladesh's linseed imports rose for the third year in a row. In 2020, imports reached 1 702 000 US dollars, up by 4.9% from the previous year. Over the 2017–2020 period, imports grew by 169.1%, with a compound annual growth rate of 39.1%.
Annual dynamics of product's imports to Bangladesh in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 136.7% | 8.3% | 4.9% | 39.1% |
From 2017 to 2020, Russia and Ukraine accounted for the majority of Bangladesh's linseed imports in value terms, while other markets contributed to a smaller share.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Bangladesh in value, 2017-2020
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