Earlier Report Observations
Between 2018 and 2020, the Romanian linseed oil market volume expanded from 1,220 t to 1,621 t. This growth was primarily driven by increasing consumer preference for unrefined and cold-pressed vegetable oils, perceived as healthier options. The COVID-19 pandemic in 2020, while disrupting supply chains for small farmers, further boosted demand for such oils in both the food and cosmetic sectors.
In 2021, the market contracted sharply to 1,129 t as soaring raw material prices and higher production costs squeezed producers. The market then recovered to 1,293 t in 2022 and reached 1,441 t in 2023, aided by improved global production of unrefined oils following better harvests and continued consumer interest in quality and health-oriented products. Throughout the period, manufacturers pursued product differentiation strategies, launching specialty and organic oil segments to move beyond commoditized competition.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.2. In value
- 4.1.2.1. Production, 2018-2023
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Romania
- 5.1.1. Annual dynamics of production in Romania in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production in Romania in value, 2018-2023, $ US
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Romania
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Romania in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Romania by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Romania in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Romania by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Romania, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Romania by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Romania in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Romania by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Romania in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Romania by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Romania, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Romania by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production linseed oil and fractions in Romania
In kind, 2017-2020, t
Between 2017 and 2020, Romania ranked as the 29th largest producer of linseed oil and fractions globally.
Top producers of linseed oil and fractions, 2017-2020
World map of production of linseed oil and fractions, 2017-2020
Romania's production of linseed oil and fractions grew for the third consecutive year. In 2020, the country produced 1 600 tonnes, marking a 6.7% increase from 2019. Over the 2017-2020 period, production rose by 60%, with an average annual growth rate of 17.0%.
Annual dynamics of production in Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 20.0% | 25.0% | 6.7% | 17.0% |
In value, 2017-2020, K $ US
In 2020, the output of linseed oil and fractions in Romania was valued at 5 556 thousand US dollars, showing a strong 11.2% rise compared to 2019. From 2017 to 2020, production value increased by 37.1%, translating to an annualized rate of 11.1%. The largest increase occurred in 2018 at 25.8%, while the largest decline was in 2019 at 2.0%.
Annual dynamics of production in Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 25.8% | (2.0%) | 11.2% | 11.1% |
Exports linseed oil and fractions from Romania
Exports in kind, t
Romania's exports of linseed oil and fractions in kind grew for the third year in a row. In 2020, exports reached 157.2 tonnes, a sharp 61.6% year-over-year gain. Between 2017 and 2020, export volumes increased by 154.8%, with an average annual growth rate of 36.6%.
Annual dynamics of product's exports from Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 46.3% | 7.8% | 61.6% | 36.6% |
From 2017 to 2020, Italy and Switzerland were the main destinations for Romania's exports of linseed oil and fractions in kind, together accounting for 85.2% of total flows, while other markets made up the remainder.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Romania in kind, 2017-2020
Exports in value, K $ US
In 2020, Romania exported 546.0 thousand US dollars worth of linseed oil and fractions, up 68.4% from the previous year. Over the 2017-2020 period, export value increased by 118.3%, with an annualized rate of 29.7%. The largest decline was recorded in 2019 at 15.5%.
Annual dynamics of product's exports from Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 53.3% | (15.5%) | 68.4% | 29.7% |
Throughout 2017-2020, Italy and Switzerland remained the primary buyers of linseed oil and fractions from Romania in value terms, with a combined share of 90.4% of total exports, while other countries accounted for the rest.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Romania in value, 2017-2020
Imports linseed oil and fractions to Romania
Imports in kind, t
Romania's imports of linseed oil and fractions in kind rose for the third consecutive year. In 2020, imports totaled 178.3 tonnes, a 60.5% increase compared to 2019. Between 2017 and 2020, import volumes grew by 93.2%, with an average annual rate of 24.5%.
Annual dynamics of product's imports to Romania in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 19.7% | 0.5% | 60.5% | 24.5% |
From 2017 to 2020, Germany, Belgium, and the Netherlands were the leading suppliers of linseed oil and fractions to Romania in kind. Germany accounted for 36.2% of imports, Belgium for 18.7%, and the Netherlands for 17.4%, together making up 72.2% of total import volumes.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Romania in kind, 2017-2020
Imports in value, K $ US
In 2020, Romania's imports of linseed oil and fractions were valued at 309.9 thousand US dollars, reflecting a sharp 36.2% year-over-year gain. Between 2017 and 2020, import value increased by 35.4%, with an annualized rate of 10.6%. The lowest value was recorded in 2019 at 227.6 thousand US dollars, which also saw the largest decline of 3.5%.
Annual dynamics of product's imports to Romania in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.0% | (3.5%) | 36.2% | 10.6% |
Over the 2017-2020 period, Germany, the Netherlands, and Belgium topped the list of suppliers of linseed oil and fractions to Romania in value terms. Germany held a 26.7% share, the Netherlands 22.8%, and Belgium 12.2%, with their combined share reaching 61.8% of total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Romania in value, 2017-2020
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