Market research

Linseed market in Finland

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

The linseed market in Finland experienced fluctuations between 2018 and 2021, starting at 1 193 t before declining to 984 t in 2019 and then recovering to 1 185 t by 2021. Throughout this period, Oy Linseed Protein Finland Ltd remained the country's largest producer, providing a stable domestic supply base.

Market growth accelerated notably from 2022 onward, with volumes reaching 1 203 t and then surging to 1 501 t in 2023. This expansion was primarily driven by rising consumer demand for plant-based diets and natural, organic food products. The significant production increase in 2023 was further supported by the activities of Oy Linseed Protein Finland Ltd, which processes nutritious arctic flaxseed, and was influenced by global supply constraints, including a sharp production drop in Kazakhstan that affected worldwide linseed oil availability and prices.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. Annual dynamics of production in Finland in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Finland in value, 2018-2023, $ US
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production linseed in Finland

In kind, 2017-2020, t

Top producers of linseed, 2017-2020

Source: SHEV.io

World map of production of linseed, 2017-2020

Source: SHEV.io

The data reveals irregular changes, indicating a volatile market environment. The lowest production volume occurred in 2017, while the highest was recorded in 2018, with a peak-to-trough ratio of {ampRatio} times. In 2020, Finland produced 400.0 t of linseed, showing no significant change compared to the previous year. The maximum value was 500.0 t in 2018. The largest decline was 20.0% in 2019.

Annual dynamics of production in Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	(20.0%)	-	-

Source: SHEV.io

Exports linseed from Finland

Exports in kind, t

There were noticeable fluctuations in market performance during this period. Volumes dropped to their minimum in 2019 and climbed to their maximum in 2018, representing a 39-fold shift. In 2020, Finland exported 11.4 t of linseed, which is 305.2% more than in 2019. The minimum value was 2.8 t in 2019, while the maximum was 110.0 t in 2018. The largest decline was 97.4% in 2019, and the largest increase was 738.9% in 2018.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	738.9%	(97.4%)	305.2%	(4.6%)

Source: SHEV.io

From 2017 to 2020, the geographical pattern of exports in kind was characterized by a strong dominance of Sweden, whose share reached 76.7% of total flows, while other partners held relatively minor shares.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

The market showed signs of volatility over the observed period. A 5.9-fold variation was recorded between the minimum in 2017 and the maximum in 2018. In 2020, Finland's linseed exports amounted to 23.6 K $ US, down by 71.7% from a year earlier. The maximum value was 135.4 K $ US in 2018. The largest increase was 491.9% in 2018.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	491.9%	(38.3%)	(71.7%)	1.1%

Source: SHEV.io

Throughout 2017–2020, Sweden and Estonia were the core markets for exports in value terms, jointly accounting for 90.2% of total flows, whereas other destinations had comparatively modest shares.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Finland in value, 2017-2020

Source: SHEV.io

Imports linseed to Finland

Imports in kind, t

In 2020, Finland's volume of linseed imports reached 699.8 t, amounting to a gain of 19.3% compared with 2019. The minimum value was 586.7 t in 2019, while the maximum was 803.4 t in 2018. The largest decline was 27.0% in 2019.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.9%	(27.0%)	19.3%	0.6%

Source: SHEV.io

Throughout 2017–2020, the three largest markets—Kazakhstan, Belgium, and Sweden—remained at the centre of imports in kind, together taking 77.8% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Finland's volume of linseed imports declined for the second consecutive year. In 2020, Finland imported 592.3 K $ US of linseed, down by 11.3% relative to the prior year. Between 2017 and 2020, imports decreased by 23.1%, equating to an 8.4% annualized rate. The maximum value was 848.1 K $ US in 2018. The largest decline was 21.2% in 2019, and the largest increase was 10.1% in 2018.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	10.1%	(21.2%)	(11.3%)	(8.4%)

Source: SHEV.io

In 2017–2020, Ireland (31.5% of imports in value terms), Kazakhstan (28.9% of imports in value terms), and Sweden (12.8% of imports in value terms) continued to head the list of suppliers of linseed to Finland, jointly taking 73.3% of total imports in value terms.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Finland in value, 2017-2020

Source: SHEV.io