Market research

Linseed oil and fractions market in Denmark

$Linseed oil and fractions market in Denmark$

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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Earlier Report Observations

The market for linseed oil and fractions in Denmark experienced considerable fluctuations between 2018 and 2023. In 2018, the market volume stood at 2 611 t, a level supported by increased activity in the chemical industry and oil refining sectors, which raised demand for industrial oils including linseed oil. However, consumption fell sharply to 2 008 t in 2019, before a strong recovery in 2020 lifted the market to 2 994 t. Volume remained stable at 2 989 t in 2021, showing little change from the previous year.

After declining to 2 524 t in 2022, the market saw a moderate recovery to 2 669 t in 2023. This growth coincided with the agreement on a green tax reform, which introduced a national CO2 charge for refineries from 2025, potentially improving the cost competitiveness of vegetable oils like linseed oil versus conventional petroleum-based products.

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, 2018-2025
    3. 4.1.1.3. Exports, 2018-2025
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Denmark
  1. 5.1.1. Annual dynamics of production in Denmark in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Denmark 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 Denmark in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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 Denmark in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Denmark by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Denmark in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Denmark by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Denmark, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Denmark by countries, 2018-2025, $ US/t
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 Denmark in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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 Denmark in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Denmark by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Denmark in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Denmark by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Denmark, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Denmark by countries, 2018-2025, $ US/t
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, 2018-2025
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 Denmark

In kind, 2018-2021, t

Globally, Denmark ranked as the 25th largest producer of linseed oil and fractions between 2018 and 2021.

Top producers of linseed oil and fractions, 2018-2021

Source: SHEV.io

World map of production of linseed oil and fractions, 2018-2021

Source: SHEV.io

In 2021, Denmark produced 2 042 tonnes of linseed oil and fractions, marking a 9.9% decrease from the previous year. Production reached its lowest point in 2019 at 1 637 tonnes, while peaking in 2020 at 2 266 tonnes. The most significant decline occurred in 2019 with an 18.8% drop, whereas the largest increase was recorded in 2020 with a 38.4% rise.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(18.8%)	38.4%	(9.9%)	0.4%

Source: SHEV.io

Exports linseed oil and fractions from Denmark

Exports in kind, t

The market exhibited volatility during the observed period. Export volumes hit their lowest point in 2018 and peaked in 2019, with a 2.2-fold difference between these years. In 2021, Denmark exported 32.1 tonnes of linseed oil and fractions, reflecting a sharp 36.8% decrease from the previous year. The highest export volume was recorded in 2019 at 61.4 tonnes, which also saw the largest increase of 123.0%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	123.0%	(17.4%)	(36.8%)	5.2%

Source: SHEV.io

From 2018 to 2021, Norway and Sweden accounted for the majority of Denmark's exports of linseed oil and fractions in volume terms, while other markets played a less significant role.

Structure of product's exports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Denmark in kind, 2018-2021

Source: SHEV.io

Exports in value, K $ US

In 2021, Denmark's exports of linseed oil and fractions reached 107 thousand US dollars, showing a modest 7.0% increase from the previous year. Over the 2018-2021 period, exports grew by 39.4%, with a compound annual growth rate of 11.7%. The highest value was recorded in 2019 at 112 thousand US dollars, which also experienced the largest increase of 45.2%. The most significant decline occurred in 2020 with a 10.3% drop.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	45.2%	(10.3%)	7.0%	11.7%

Source: SHEV.io

Between 2018 and 2021, the three largest markets—Norway, Sweden, and the United Kingdom—remained central to Denmark's exports in value terms, collectively accounting for 86.0% of total flows.

Structure of product's exports in value by countries, 2018-2021

Source: SHEV.io

World map of product's exports from Denmark in value, 2018-2021

Source: SHEV.io

Imports linseed oil and fractions to Denmark

Imports in kind, t

The market displayed volatility over the observed period. Import volumes reached their lowest point in 2019 and peaked in 2021, with a 2.3-fold difference between these years. In 2021, Denmark imported 979.0 tonnes of linseed oil and fractions, up by 25.7% from the previous year. The minimum volume was recorded in 2019 at 432.6 tonnes, which also saw the largest decline of 30.5%. The most significant increase occurred in 2020 with an 80.0% rise.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(30.5%)	80.0%	25.7%	16.3%

Source: SHEV.io

From 2018 to 2021, Germany and Belgium dominated Denmark's imports of linseed oil and fractions in volume terms, together representing 97.8% of total flows, with other destinations contributing smaller individual shares.

Structure of product's imports in kind by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Denmark in kind, 2018-2021

Source: SHEV.io

Imports in value, K $ US

The market showed signs of volatility during the observed period. Import values reached their lowest point in 2019 and peaked in 2021, with a 3.9-fold difference between these years. In 2021, Denmark imported approximately 2 233 thousand US dollars of linseed oil and fractions, up by 107.2% compared to 2020. The minimum value was recorded in 2019 at 577 thousand US dollars, which also experienced the largest decline of 25.0%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(25.0%)	86.9%	107.2%	42.7%

Source: SHEV.io

Throughout 2018-2021, Germany and Belgium remained the key partner countries for Denmark's imports in value terms, with a combined share of 92.2% of total flows; other partners accounted for the remainder.

Structure of product's imports in value by countries, 2018-2021

Source: SHEV.io

World map of product's imports to Denmark in value, 2018-2021

Source: SHEV.io