Market research

Linseed oil and fractions market in Hungary

$Linseed oil and fractions market in Hungary$

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

Between 2018 and 2023, the Hungarian market for linseed oil and fractions saw its physical volume decline from 790 t to 654 t. This contraction was primarily due to a significant reduction in import volumes, which fell by nearly two-thirds over the period. In contrast, the market's value in monetary terms grew after 2019, reaching nearly $3 million USD by 2023, indicating a shift toward higher-value products or increased prices.

Domestic production remained relatively steady at 600 t annually after a temporary dip in 2019. The consistent export volume, averaging around 53 t per year, provided a stable outlet for a portion of domestic output. The sharp and sustained drop in imports from over 300 t to under 160 t after 2019 was the key driver reducing the total volume available on the domestic market.

Preliminary data for 2024 and 2025 shows this trend continuing, with imports falling further to 87 t and exports rising to 68 t. This suggests the market's reliance on foreign supplies decreased while the domestic industry maintained its production level and increased its export orientation.

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. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2025
    3. 4.1.2.3. Exports, 2018-2025
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Hungary
  1. 5.1.1. Annual dynamics of production in Hungary in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in Hungary 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. 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 Hungary in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Hungary, 2018-2025, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ 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 Hungary in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Hungary by countries, 2018-2025, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2025
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Hungary in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Hungary by countries, 2018-2025, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2025
  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 Hungary, 2018-2025, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Hungary by countries, 2018-2025, $ 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 Hungary in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Hungary, 2018-2025, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Hungary by countries, 2018-2025, $ 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 Hungary in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Hungary by countries, 2018-2025, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2025
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Hungary in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Hungary by countries, 2018-2025, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2025
  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 Hungary, 2018-2025, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Hungary 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 Hungary

In kind, 2018-2021, t

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, Hungary produced 600.0 t of linseed oil and fractions, showing little change from the previous year. The lowest production level was recorded in 2019 at 500.0 t, which also saw the largest decline of 16.7%. In contrast, 2020 experienced the biggest increase at 20.0%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(16.7%)	20.0%	-	-

Source: SHEV.io

In value, 2018-2021, K $ US

Hungary's linseed oil and fractions production increased for the second consecutive year in 2021, reaching a value of 2 527 K $ US, up 22.5% from the previous year. Over the period from 2018 to 2021, production grew by 7.8%, averaging an annualized rate of 2.5%. The lowest value was recorded in 2019 at 1 872 K $ US, which also saw the largest decline of 20.1%.

Annual dynamics of production in Hungary in value, 2018-2021, K $ US

Parameter		2019	2020	2021	CAGR
1	Change from last year	(20.1%)	10.2%	22.5%	2.5%

Source: SHEV.io

Exports linseed oil and fractions from Hungary

Exports in kind, t

After a two-year increase, Hungary's exports of linseed oil and fractions declined in 2021, with shipments totaling 53.1 t, virtually unchanged from the previous year. From 2018 to 2021, exports rose by 7.6%, with a compound annual growth rate of 2.5%. The highest export volume was recorded in 2020 at 53.2 t, while the largest increase occurred in 2019 at 5.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	5.2%	2.4%	(0.2%)	2.5%

Source: SHEV.io

From 2018 to 2021, the main buyers of linseed oil and fractions from Hungary were Czechia, accounting for 28.1% of exports in kind, Croatia at 22.1%, and Slovakia at 16.5%. Together, these three countries represented 66.7% of total exports in kind.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

In 2021, Hungary exported 223.7 K $ US of linseed oil and fractions, a 22.2% increase compared to 2020. Between 2018 and 2021, exports grew by 16%, with an annualized rate of 5.1%. The lowest value was recorded in 2020 at 183.0 K $ US, which also saw the largest decline of 5.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	0.8%	(5.9%)	22.2%	5.1%

Source: SHEV.io

From 2018 to 2021, the primary markets for Hungary's linseed oil and fractions exports in value terms were Czechia, representing 26.1% of exports, Croatia at 20.6%, and Slovakia at 15.3%. Collectively, these three countries accounted for 61.9% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports linseed oil and fractions to Hungary

Imports in kind, t

In 2021, Hungary's imports of linseed oil and fractions stood at 189.7 t, marking a slight increase of 2.1% from 2020. Over the period from 2018 to 2021, imports decreased by 20.7%, averaging an annualized decline of 7.4%. The lowest import volume was recorded in 2020 at 185.8 t, while the highest was in 2019 at 314.3 t. The largest decline occurred in 2020 at 40.9%, and the largest increase was in 2019 at 31.4%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	31.4%	(40.9%)	2.1%	(7.4%)

Source: SHEV.io

From 2018 to 2021, Belgium and Germany together accounted for 90.8% of Hungary's total imports of linseed oil and fractions in kind, with the remaining flows distributed thinly across other markets.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

In 2021, Hungary's imports of linseed oil and fractions totaled 520.8 K $ US, showing a sharp increase of 39.4% compared to the previous year. Over the period from 2018 to 2021, imports rose by 35.6%, with a compound annual growth rate of 10.7%. The lowest value was recorded in 2020 at 373.5 K $ US, which also saw the largest decline of 14.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	14.3%	(14.9%)	39.4%	10.7%

Source: SHEV.io

From 2018 to 2021, the two leading markets for Hungary's imports of linseed oil and fractions in value terms were Germany and Belgium, together accounting for 89.7% of total imports. The remaining volume was dispersed across a wide range of other countries.

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

Source: SHEV.io

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

Source: SHEV.io