"Asia" region includes following countries:
Earlier Report Observations
Between 2018 and 2020, the Asian market for linseed oil and fractions contracted gradually, with total volume falling from 358 thousand tonnes to 345 thousand tonnes.
The trend reversed in 2021, as market size edged up to 349 thousand tonnes. Growth accelerated sharply thereafter, with the market expanding by over 11% to 389 thousand tonnes in 2022 and by a further 9% to 426 thousand tonnes 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 Asia
- 5.1.1. Annual dynamics of production in Asia in kind, 2018-2023, K t
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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, K 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, K 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 Asia
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6. Exports
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6.1. Exports (Direct Data*)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data*)
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7. Imports
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7.1. Imports (Direct Data*)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
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7.1. Imports (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, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, M $ 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 oil and fractions in Asia
In kind, 2017-2020, K t
Top producers of linseed oil and fractions, 2017-2020
World map of production of linseed oil and fractions, 2017-2020
Asia's production of linseed oil and fractions has declined for the third year in a row. In 2020, the region produced 308.8 thousand tonnes, marking a decrease of 6.3% from the previous year. Over the period from 2017 to 2020, production fell by 14.4%, with an average annual decline of 5.1%.
Annual dynamics of production in Asia in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.9%) | (3.0%) | (6.3%) | (5.1%) |
Exports linseed oil and fractions from Asia
Exports in kind, t
After two years of growth, Asia's exports of linseed oil and fractions declined. In 2020, exports totaled 13 769 tonnes, a drop of 31.3% compared to 2019. Over the 2017-2020 period, exports increased by 60.8%, with an average annual growth rate of 17.1%. The highest export volume was recorded in 2019 at 20 032 tonnes, while the largest increase occurred in 2018 with a rise of 65.3%.
Annual dynamics of product's exports from Asia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 65.3% | 41.5% | (31.3%) | 17.1% |
From 2017 to 2020, the United States was the leading destination for Asia's exports of linseed oil and fractions in volume terms, accounting for 4.0% of total exports.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Asia in kind, 2017-2020
Exports in value, K $ US
Asia's exports of linseed oil and fractions in value terms declined for the second consecutive year. In 2020, exports amounted to 36 759 thousand US dollars, a significant decrease of 12.6% from the previous year. Over the 2017-2020 period, exports grew by 14.2%, with an average annual increase of 4.5%. The peak value was recorded in 2018 at 44 767 thousand US dollars, which also saw the largest increase of 39.1%.
Annual dynamics of product's exports from Asia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 39.1% | (6.0%) | (12.6%) | 4.5% |
From 2017 to 2020, the top buyers of linseed oil and fractions from Asia in value terms were the United States (9.1% of exports), Australia (0.7%), and the Netherlands (0.6%). Together, these three countries accounted for 10.4% of total export value.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Asia in value, 2017-2020
Imports linseed oil and fractions to Asia
Imports in kind, t
Asia's imports of linseed oil and fractions increased for the second year in a row. In 2020, imports reached 49 815 tonnes, up 18.5% from 2019. Over the 2017-2020 period, imports rose by 29.3%, with an average annual growth rate of 8.9%. The lowest import volume was in 2018 at 32 621 tonnes, which also saw the largest decline of 15.3%. The largest increase occurred in 2019 with a jump of 28.9%.
Annual dynamics of product's imports to Asia in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (15.3%) | 28.9% | 18.5% | 8.9% |
During 2017-2020, Asia's imports of linseed oil and fractions in volume terms were spread across many markets. Belgium (22.3% of imports), Russia (12.5%), and Germany (5.7%) together accounted for 40.6% of total imports.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Asia in kind, 2017-2020
Imports in value, K $ US
Asia's imports of linseed oil and fractions in value terms increased for the second consecutive year. In 2020, imports totaled 86 429 thousand US dollars, a 10.2% rise from the previous year. Over the 2017-2020 period, imports grew by 22.9%, with an average annual increase of 7.1%. The lowest value was recorded in 2018 at 65 069 thousand US dollars, which also experienced the largest decline of 7.5%. The largest increase was in 2019 with a gain of 20.5%.
Annual dynamics of product's imports to Asia in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (7.5%) | 20.5% | 10.2% | 7.1% |
From 2017 to 2020, Asia's imports of linseed oil and fractions in value terms came from a wide range of partners. Belgium (23.6% of imports), Russia (10.4%), and the United States (6.8%) together represented 40.8% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Asia in value, 2017-2020
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