Market research

Linseed oil and fractions market in Eastern Asia

$Linseed oil and fractions market in Eastern Asia$

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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"Eastern Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Earlier Report Observations

Between 2018 and 2020, the linseed oil market in Eastern Asia increased from 279 thousand tons to 296 thousand tons, supported by enhanced access to Kazakh raw materials. The Belt and Road Initiative facilitated agricultural cooperation, and the 2019 phytosanitary protocol between China and Kazakhstan streamlined import requirements, allowing more linseed to enter the region. Reliable logistics via the China-Europe Railway ensured stable supply, contributing to market growth.

Following a slight dip to 288 thousand tons in 2021, the market rebounded to 298 thousand tons in 2022. During this period, shifting consumer preferences towards functional vegetable oils boosted demand for linseed oil in dietary supplements and premium food products. This trend stimulated domestic production, which rose from 228 thousand tons in 2021 to 261 thousand tons in 2022.

In 2023, the market expanded sharply to 352 thousand tons, with production jumping to 321 thousand tons. This surge was driven by increased investment in deep-processing facilities, the development of new product segments like modified linseed oil, and the growing activity of key market players. Updated industry standards and the oil's versatile applications across coatings, nutraceuticals, and food processing further supported market expansion.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Eastern Asia
  1. 5.1.1. Annual dynamics of production in Eastern Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ 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, 2018-2024
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 Eastern Asia

In kind, 2017-2020, K 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

After two years of growth, Eastern Asia's production volume of linseed oil and fractions declined. In 2020, the region produced 227.7 thousand tons, marking a slight decrease of 1.3% compared to the previous year. Over the 2017-2020 period, production increased by 8.5%, with a compound annual growth rate of 2.8%. The highest production level was recorded in 2019 at 230.7 thousand tons, while the largest year-over-year increase occurred in 2018 at 8.7%.

Annual dynamics of production in Eastern Asia in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.7%	1.2%	(1.3%)	2.8%

Source: SHEV.io

In value, 2017-2020, M $ US

Following two years of contraction, the production value of linseed oil and fractions in Eastern Asia increased. In 2020, output was valued at 636.0 million US dollars, representing a controlled advance of 4.2% compared to the previous year. Over the 2017-2020 period, production value decreased by 7.1%, with a compound annual growth rate of 2.4%. The lowest value was recorded in 2019 at 610.2 million US dollars, which also saw the largest decline of 10.4%.

Annual dynamics of production in Eastern Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.5%)	(10.4%)	4.2%	(2.4%)

Source: SHEV.io

Exports linseed oil and fractions from Eastern Asia

Exports in kind, t

Linseed oil and fractions exports from Eastern Asia declined for the third consecutive year. In 2020, the region exported 1 027 tons, reflecting a robust contraction of 15.3% compared to the previous year. Between 2017 and 2020, exports decreased by 47.7%, equating to an annualized rate of 19.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(19.2%)	(23.6%)	(15.3%)	(19.4%)

Source: SHEV.io

From 2017 to 2020, the three largest markets for Eastern Asia's linseed oil and fractions exports in volume terms were the United States, Malaysia, and Australia. Together, they accounted for 81.0% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Linseed oil and fractions exports from Eastern Asia declined for the third consecutive year. In 2020, the region exported 2 869 thousand US dollars worth of these products, reflecting a strong fall of 10.6% compared to 2019. Between 2017 and 2020, exports decreased by 55.2%, equating to an annualized rate of 23.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.0%)	(32.3%)	(10.6%)	(23.5%)

Source: SHEV.io

From 2017 to 2020, the three main markets for Eastern Asia's linseed oil and fractions exports in value terms were the United States, Malaysia, and Australia. Together, they absorbed 77.5% of total export value.

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

Source: SHEV.io

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

Source: SHEV.io

Imports linseed oil and fractions to Eastern Asia

Imports in kind, t

Linseed oil and fractions imports to Eastern Asia increased for the third consecutive year. In 2020, import volume totaled 69 166 tons, equivalent to a slight increase of 1.1% relative to the prior year. Between 2017 and 2020, imports increased by 33.4%, equating to an annualized rate of 10.1%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.5%	30.1%	1.1%	10.1%

Source: SHEV.io

From 2017 to 2020, the three main sources for Eastern Asia's linseed oil and fractions imports in volume terms were Kazakhstan, Belgium, and Russia. Together, they accounted for 70.6% of total import volume.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Imported linseed oil and fractions volumes to Eastern Asia increased for the third consecutive year. In 2020, import value amounted to 73 638 thousand US dollars, up by 7.4% compared to 2019. Between 2017 and 2020, imports increased by 41.9%, equating to an annualized rate of 12.4%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.8%	29.8%	7.4%	12.4%

Source: SHEV.io

Throughout 2017 to 2020, the three largest sources for Eastern Asia's linseed oil and fractions imports in value terms were Kazakhstan, Belgium, and Russia. Together, they accounted for 61.9% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io