Market research

Linseed oil and fractions market in Central America

$Linseed oil and fractions market in Central America$

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

Between 2018 and 2020, the linseed oil market volume in Central America declined from 3 931 tons to 2 901 tons, largely due to reduced imports. However, domestic production began to rise after 2019, reaching 1 044 tons in 2020. This increase was driven by growing health awareness among consumers, which boosted demand for organic linseed oil considered free from pesticides and GMOs. The COVID-19 pandemic disrupted supply chains, further affecting import flows.

From 2021 to 2023, production expanded significantly, peaking at 1 583 tons in 2021 following the launch of Archer Daniels Midland Company's Onavita, a refined non-GMO linseed oil that added to regional supply. Market volume stabilized around 2 900 tons in 2021, then dipped to 2 486 tons in 2022 before recovering to 2 674 tons in 2023. The recovery in 2023 was supported by rising demand for linseed oil in food, dietary supplements, and cosmetic applications, as consumer preference for natural and organic products remained strong.

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 Central America
  1. 5.1.1. Annual dynamics of production in Central America in kind, 2018-2023, t
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 Belize in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Belize 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 Belize in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Belize 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 Belize, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Belize 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 Belize in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Belize 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 Belize in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Belize 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 Belize, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Belize 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 Belize in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Belize 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 Belize in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Belize 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 Belize, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Belize 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 Belize in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Belize 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 Belize in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Belize 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 Belize, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Belize 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 oil and fractions in Central America

In kind, 2017-2020, t

Top producers of linseed oil and fractions, 2017-2020

Source: SHEV.io

World map of production of linseed oil and fractions, 2017-2020

Source: SHEV.io

In Central America, production of linseed oil and fractions reached 1 044 tonnes in 2020, marking a 23.7% increase from the previous year. Looking at the broader period from 2017 to 2020, production grew by 23%, which translates to an average annual growth rate of 7.1%. The lowest production level was recorded in 2019 at 844 tonnes, with the largest year-on-year decline occurring that same year at 2.4%.

Annual dynamics of production in Central America in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.9%	(2.4%)	23.7%	7.1%

Source: SHEV.io

Exports linseed oil and fractions from Central America

Exports in kind, t

The export market for linseed oil and fractions in Central America exhibited significant volatility during the observed period. Exports peaked in 2017 and fell to their lowest point in 2019, showing a dramatic 29-fold difference between these years. In 2020, exports rebounded to 14 tonnes, representing a substantial year-on-year increase of 1,907.5%. The minimum export volume was recorded in 2019 at just 1 tonne, with the largest decline that year reaching 91.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(59.4%)	(91.5%)	1 907.5%	(11.5%)

Source: SHEV.io

Between 2017 and 2020, the United States and Venezuela were the two primary export destinations for linseed oil and fractions from Central America, together accounting for 21.9% of total exports in volume terms.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

The export market in value terms showed noticeable fluctuations over the period. Export values reached their highest point in 2017 and dropped to their lowest in 2019, with a 17-fold difference between these years. In 2020, Central America's exports of linseed oil and fractions were valued at 37 thousand US dollars, a sharp year-on-year increase of 1,233.2%. The minimum value was recorded in 2019 at 3 thousand US dollars, with the largest decline that year at 83.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(63.6%)	(83.5%)	1 233.2%	(7.1%)

Source: SHEV.io

From 2017 to 2020, the United States, Venezuela, and the Dominican Republic formed the core group of export markets in value terms. The United States accounted for 42.0% of export value, Venezuela for 4.5%, and the Dominican Republic for 1.3%, together representing 47.8% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports linseed oil and fractions to Central America

Imports in kind, t

Imports of linseed oil and fractions into Central America declined for the third consecutive year in 2020, totaling 1 870 tonnes. This represented a significant decrease of 13.5% compared to 2019. Over the period from 2017 to 2020, imports fell by 41.5%, equating to an average annual decline of 16.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(3.9%)	(29.6%)	(13.5%)	(16.4%)

Source: SHEV.io

During 2017–2020, the United States and Germany dominated imports in volume terms, together accounting for 92.0% of total imports. The United States contributed 60.2% of the total flows, while Germany accounted for 31.7%, with other partners making up the remainder.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The value of linseed oil and fractions imports into Central America declined for the third year in a row in 2020, amounting to 2 390 thousand US dollars. This reflected minimal change from the previous year. Over the 2017-2020 period, import values decreased by 35.3%, with a compound annual growth rate of -13.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(5.3%)	(31.4%)	(0.3%)	(13.5%)

Source: SHEV.io

From 2017 to 2020, the United States and Germany concentrated 90.7% of total import value, with the remaining share distributed among other destinations, each contributing smaller individual amounts.

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

Source: SHEV.io

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

Source: SHEV.io