Linseed oil-cake market in Northern Europe

Earlier Report Observations

The linseed oil-cake market in Northern Europe grew from 27,380 t in 2018 to 39,307 t in 2023, reaching a peak of 38,904 t in 2022. Domestic production contributed to this expansion, increasing overall despite a temporary dip in 2019-2020 and a slight decline in 2023.

Import volumes showed significant volatility, surging to 11,214 t in 2019 before gradually falling and then jumping again to 18,200 t in 2023. Exports, which had been minimal until 2022, rose sharply to 7,282 t in 2023, indicating a notable shift in trade patterns.

In 2024, imports remained substantial at 13,370 t, while exports continued to grow, reaching 9,781 t, further altering the regional trade balance for linseed oil-cake.

Production linseed oil-cake in Northern Europe

In kind, 2017-2020, t

Top producers of linseed oil-cake, 2017-2020

World map of production of linseed oil-cake, 2017-2020

Linseed oil-cake production in Northern Europe has declined for the third year in a row. In 2020, production reached 21 052 tonnes, showing a slight decrease of 3.0% compared to the previous year. Over the period from 2017 to 2020, production fell by 25.4%, with an average annual decline rate of 9.3%.

Annual dynamics of production in Northern Europe in kind, 2017-2020, t

Exports linseed oil-cake from Northern Europe

Exports in kind, t

The data shows irregular changes, reflecting a volatile market environment. Exports peaked in 2017 and hit their lowest point in 2019, with a 4.6-fold difference between these years. In 2020, Northern Europe exported 258 tonnes of linseed oil-cake, marking a sharp increase of 120.6% from the year before. The minimum value was recorded in 2019 at 117 tonnes, while the largest decline occurred in 2018, with a drop of 54.7%.

Annual dynamics of product's exports from Northern Europe in kind, 2017-2020, t

From 2017 to 2020, the largest buyers of linseed oil-cake from Northern Europe were Germany, accounting for 45.8% of exports in kind, Poland with 17.2%, and France at 3.4%. Together, these three countries made up 66.3% of total exports in kind.

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

World map of product's exports from Northern Europe in kind, 2017-2020

Exports in value, K $ US

The data reveals irregular changes, indicating a volatile market environment. Exports in value terms reached their maximum in 2017 and fell to their lowest point in 2019, showing a 3.2-fold swing. In 2020, linseed oil-cake deliveries from Northern Europe amounted to 123 thousand US dollars, representing an 83.4% improvement compared to the previous year. The minimum value was recorded in 2019 at 67 thousand US dollars, with the largest decline occurring in the same year at 48.9%.

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

The market base for exports in value terms from 2017 to 2020 was broad, with Germany accounting for 25.7% of exports, Poland for 10.6%, and France for 2.5%. Together, these three countries represented just 38.7% of total flows, while the remaining 61.3% was distributed among numerous other countries.

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

World map of product's exports from Northern Europe in value, 2017-2020

Imports linseed oil-cake to Northern Europe

Imports in kind, t

The market exhibited an unstable trend throughout the period. Imports peaked in 2017 and reached their lowest point in 2018, with a 3.7-fold gap between these years. In 2020, Northern Europe imported 9 728 tonnes of linseed oil-cake, constituting a contraction of 13.3% compared to the previous year. The minimum value was recorded in 2018 at 3 043 tonnes, with the largest decline occurring that year at 73.2%. The largest increase was recorded in 2019, with a rise of 268.5%.

Annual dynamics of product's imports to Northern Europe in kind, 2017-2020, t

From 2017 to 2020, Belgium, Russia, and Kazakhstan were consistently the main sources for imports in kind, accounting for 28.2%, 21.8%, and 11.6% of imports, respectively. Together, these three countries made up 61.6% of total flows.

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

World map of product's imports to Northern Europe in kind, 2017-2020

Imports in value, K $ US

There were noticeable fluctuations in market performance during this period. Imports in value terms varied from a high in 2017 to a low in 2018, with a 3.1-fold difference. In 2020, the volume of linseed oil-cake imports to Northern Europe amounted to 3 021 thousand US dollars, marking a slight increase of 1.9% year-on-year. The minimum value was recorded in 2018 at 1 028 thousand US dollars, with the largest decline occurring that year at 68.0%. The largest increase was recorded in 2019, with a rise of 188.6%.

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

From 2017 to 2020, Belgium, Russia, and Germany were the main destinations in the geographical breakdown of imports in value terms for linseed oil-cake to Northern Europe, accounting for 35.3%, 17.0%, and 12.9% of imports, respectively. Together, these three countries had a combined share of 65.2% of total flows.

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

World map of product's imports to Northern Europe in value, 2017-2020