Earlier Report Observations
Ukraine's linseed oil market began the period with production of 6 500 t and domestic consumption of 3 119 t in 2018, supported by several large processors and growing consumer interest in healthy food products. From 2019 to 2021, both production and total market volume contracted significantly, with production falling to 2 200 t and the market size dropping to 1 637 t.
The market faced logistical challenges and rising energy costs in 2022, which impacted export volumes. However, domestic market volume grew to 2 068 t that year. A recovery in production to 2 500 t occurred in 2023, supported by the diversification of sown areas, investments from agro-holdings, and increased demand for certified organic linseed oil.
By 2024, export volumes of linseed oil rose sharply to 840 t. This expansion was aided by new legislation restricting the use of palm oil in food products, which boosted demand for natural alternatives like linseed oil, alongside continued investment in oilseed processing capacity and a broader range of flax-based niche products.
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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4.1.1. 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 Ukraine
- 5.1.1. Annual dynamics of production Ukraine in kind, 2018-2023, t
- 5.1.2. Annual dynamics of production Ukraine 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 Ukraine
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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 in Ukraine in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind in Ukraine 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 in Ukraine in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value in Ukraine 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 in Ukraine, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports in Ukraine 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 in Ukraine in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind in Ukraine 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 in Ukraine in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value in Ukraine 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 in Ukraine, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports in Ukraine 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 to Ukraine in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind to Ukraine 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 to Ukraine in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value to Ukraine 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 to Ukraine, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports to Ukraine 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 to Ukraine in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind to Ukraine 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 to Ukraine in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value to Ukraine 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 to Ukraine, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports to Ukraine 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 Ukraine
In kind, 2017-2020, t
Between 2017 and 2020, Ukraine was one of the world's top producers of linseed oil and fractions, ranking 17th globally by production volume.
Top producers of linseed oil and fractions, 2017-2020
World map of production of linseed oil and fractions, 2017-2020
Ukraine's production of linseed oil and fractions declined for the third year in a row. In 2020, the country produced 2 600 tonnes, which represents a 23.5% decrease compared to the previous year. Over the 2017-2020 period, production fell by 70.8%, with an average annual decline of 33.6%.
Annual dynamics of production Ukraine in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (27.0%) | (47.7%) | (23.5%) | (33.6%) |
Exports linseed oil and fractions to Ukraine
Exports in kind, t
Ukraine's exports of linseed oil and fractions dropped for the third consecutive year. In 2020, the country exported 615 tonnes, down 47.9% from 2019. From 2017 to 2020, exports plummeted by 93.8%, with an average annual decrease of 60.4%.
Annual dynamics of product's exports to Ukraine in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (65.9%) | (65.1%) | (47.9%) | (60.4%) |
From 2017 to 2020, China, Lithuania, and India were the leading destinations for Ukraine's linseed oil and fractions exports by volume. China accounted for 39.8% of exports, Lithuania for 21.5%, and India for 20.6%, together making up 81.9% of total export flows.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports to Ukraine in kind, 2017-2020
Exports in value, K $ US
The value of Ukraine's linseed oil and fractions exports fell for the third year running. In 2020, exports totaled 866 thousand US dollars, a 37.5% drop from 2019. Over the 2017-2020 period, export value declined by 88.3%, with an average annual reduction of 51.1%.
Annual dynamics of product's exports to Ukraine in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (59.0%) | (54.4%) | (37.5%) | (51.1%) |
During 2017-2020, China, Lithuania, and India were the top destinations for Ukraine's linseed oil and fractions exports by value. China represented 36.4% of export value, Lithuania 19.5%, and India 17.5%, collectively accounting for 73.4% of total export flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports to Ukraine in value, 2017-2020
Imports linseed oil and fractions in Ukraine
Imports in kind, t
The import market for linseed oil and fractions in Ukraine showed an unstable trend from 2017 to 2020. Imports hit their lowest point in 2018 at 2 tonnes, then peaked in 2020 at 17 tonnes, representing a 7.9-fold increase between these years. The 2020 volume marked a 195.0% rise compared to 2019. The largest decline occurred in 2018, with a 61.1% drop.
Annual dynamics of product's imports in Ukraine in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (61.1%) | 166.4% | 195.0% | 45.2% |
From 2017 to 2020, Latvia, Italy, and Russia were the main sources of linseed oil and fractions imports into Ukraine by volume. Latvia supplied 46.1% of imports, Italy 17.1%, and Russia 14.3%, together comprising 77.5% of total import flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports in Ukraine in kind, 2017-2020
Imports in value, K $ US
Ukraine's imports of linseed oil and fractions displayed volatility between 2017 and 2020. The lowest value was recorded in 2018 at 16 thousand US dollars, while imports peaked in 2020 at 84 thousand US dollars, a 5.2-fold difference. The 2020 figure represented a 153.8% increase from the previous year. The sharpest decline was in 2018, with a 46.3% decrease.
Annual dynamics of product's imports in Ukraine in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (46.3%) | 104.3% | 153.8% | 40.7% |
In the 2017-2020 period, Latvia, Italy, and Russia led Ukraine's imports of linseed oil and fractions by value. Latvia accounted for 38.1% of import value, Italy for 22.2%, and Russia for 17.1%, together making up 77.4% of total import flows.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports in Ukraine in value, 2017-2020
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