Market research

Linseed oil and fractions market in New Zealand

$Linseed oil and fractions market in New Zealand$

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 linseed oil market in New Zealand expanded steadily from 480 t in 2018 to 678 t in 2022, before surging to 832 t in 2023. The sharp rise in 2023 was primarily driven by a consumer shift towards organic and non-chemically modified linseed oil products, which stimulated demand. Globally, increased investment in cold-press infrastructure to meet this demand for chemical-free oils also supported market growth.

The market volume grew consistently from 2018 to 2020, adding over 180 t in two years. Growth then slowed to less than 2% per year in 2021 and 2022, reflecting a plateau before the 2023 surge. Production levels varied during this time, reaching a low of 538 t in 2020 before recovering to 818 t 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
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 New Zealand
  1. 5.1.1. Annual dynamics of production in New Zealand in kind, 2018-2023, t
  2. 5.1.2. Annual dynamics of production in New Zealand 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 New Zealand in kind, 2018-2025, t
    2. 6.1.2.2. Dynamics of product's exports in kind from New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from New Zealand 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/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/kg
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 New Zealand in kind, 2018-2025, t
    2. 6.2.2.2. Dynamics of product's exports in kind from New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from New Zealand 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/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from New Zealand, 2018-2025, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from New Zealand by countries, 2018-2025, $ US/kg
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 New Zealand in kind, 2018-2025, t
    2. 7.1.2.2. Dynamics of product's imports in kind to New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to New Zealand 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/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ US/kg
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 New Zealand in kind, 2018-2025, t
    2. 7.2.2.2. Dynamics of product's imports in kind to New Zealand 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 New Zealand in value, 2018-2025, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to New Zealand 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/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to New Zealand, 2018-2025, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to New Zealand by countries, 2018-2025, $ 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, 2018-2025
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 New Zealand

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

New Zealand's production of linseed oil and fractions increased in 2021, following a two-year decline. The country produced 564.4 t of linseed oil and fractions in 2021, representing a 5.0% year-over-year increase. Over the period from 2018 to 2021, production decreased by 14.5%, with a compound annual growth rate (CAGR) of 5.1%. The lowest production level was recorded in 2020 at 537.6 t, which also saw the largest decline of 18.0%.

Annual dynamics of production in New Zealand in kind, 2018-2021, t

Parameter		2019	2020	2021	CAGR
1	Change from last year	(0.7%)	(18.0%)	5.0%	(5.1%)

Source: SHEV.io

Exports linseed oil and fractions from New Zealand

Exports in kind, t

New Zealand's exports of linseed oil and fractions declined for the third consecutive year in 2021. The country exported 114.7 t of linseed oil and fractions in 2021, marking a substantial decline of 13.7% compared to 2020. Over the period from 2018 to 2021, exports decreased by 68.3%, with a compound annual growth rate (CAGR) of 31.8%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(35.9%)	(42.7%)	(13.7%)	(31.8%)

Source: SHEV.io

From 2018 to 2021, Japan and Australia were the core markets for New Zealand's exports of linseed oil and fractions in kind, jointly accounting for 86.7% of total flows. Other destinations had comparatively modest shares during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

New Zealand's exports of linseed oil and fractions in value terms increased in 2021, after a two-year reduction. Exports were recorded at 1 331 K $ US in 2021, representing a 10.9% rise compared to the previous year. Over the period from 2018 to 2021, exports decreased by 44.1%, with a compound annual growth rate (CAGR) of 17.6%. The lowest value was recorded in 2020 at 1 200 K $ US, which also saw the largest decline of 34.7%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(22.8%)	(34.7%)	10.9%	(17.6%)

Source: SHEV.io

From 2018 to 2021, Japan and Australia formed a dominant pair of markets for New Zealand's exports of linseed oil and fractions in value terms, jointly accounting for 89.5% of total flows. Other countries represented the residual share during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports linseed oil and fractions to New Zealand

Imports in kind, t

New Zealand imported 155.6 t of linseed oil and fractions in 2021, marking a decrease of 13.0% compared to the previous year. Over the period from 2018 to 2021, imports increased by 22.8%, with a compound annual growth rate (CAGR) of 7.1%. The lowest import level was recorded in 2019 at 155.6 t, which saw the largest decline of 14.5%. The highest import level was recorded in 2020 at 256.9 t, which saw the largest increase of 65.2%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(14.5%)	65.2%	(13.0%)	7.1%

Source: SHEV.io

From 2018 to 2021, the partner structure for New Zealand's imports of linseed oil and fractions in kind was centred on Belgium, which accounted for 73.3% of total flows. Other markets formed a less significant perimeter during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

New Zealand's imports of linseed oil and fractions in value terms showed noticeable fluctuations from 2018 to 2021. The country imported 493 K $ US of linseed oil and fractions in 2021, showing a solid uptick of 13.8% year-over-year. Over this period, imports changed by a factor of 2.1, from a peak in 2021 to a trough in 2019. The lowest value was recorded in 2019 at 234 K $ US, which saw the largest decline of 26.9%. The largest increase was recorded in 2020 at 84.9%.

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

Parameter		2019	2020	2021	CAGR
1	Change from last year	(26.9%)	84.9%	13.8%	15.4%

Source: SHEV.io

From 2018 to 2021, Belgium, Australia, and China continued to be the main suppliers of linseed oil and fractions to New Zealand in value terms. Belgium accounted for 67.8% of imports, Australia for 9.2%, and China for 8.9%, jointly forming 85.9% of total imports in value terms.

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

Source: SHEV.io

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

Source: SHEV.io