Linseed oil-cake market in the United States

Earlier Report Observations

In 2018 and 2019, the U.S. linseed oil-cake market expanded, with volume rising from 150.7 thousand tons to 154.5 thousand tons. This growth was supported by increased investments in flaxseed crop yield and harvesting activities in North America, alongside rising research and development for linseed oil applications, which helped boost production of the oil-cake residue.

Market volume then declined over the following two years, falling to 126.6 thousand tons by 2021, with production following a similar downward trajectory.

A slight recovery occurred in 2022, but in 2023 the market volume contracted again to 126.7 thousand tons. This drop was driven by supply constraints and price volatility, resulting from a sharp production decline in Kazakhstan and reduced U.S. planting areas for flaxseed. During this period, global demand for linseed oil-based health and wellness products continued to rise, with over 65 new product launches, though supply limitations affected the overall market.

Production linseed oil-cake in the United States

In kind, 2017-2020, K t

Globally, the United States ranked as the third-largest producer of linseed oil-cake from 2017 to 2020.

Top producers of linseed oil-cake, 2017-2020

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

In 2020, the United States produced 142.3 thousand tons of linseed oil-cake, representing a 6.3% year-over-year decrease. Over the 2017-2020 period, production declined by 6.1%, with a compound annual growth rate of 2.1%. The peak production occurred in 2019 at 151.8 thousand tons, which also saw the largest annual increase of 4.8%.

Annual dynamics of production in the United States in kind, 2017-2020, K t

In value, 2017-2020, K $ US

In 2020, the output of linseed oil-cake in the United States was valued at 38 564 thousand US dollars, down 14.5% from 2019. From 2017 to 2020, production value fell by 11.5%, with a compound annual growth rate of 4.0%. The highest value was recorded in 2019 at 45 113 thousand US dollars, which also experienced the largest annual increase of 8.7%.

Annual dynamics of production in the United States in value, 2017-2020, K $ US

Exports linseed oil-cake from the United States

Exports in kind, t

After two years of decline, cross-border shipments of linseed oil-cake from the United States increased in 2020. Exports reached 1 822 tons, showing a sharp 32.7% advance compared to the previous year. Over the 2017-2020 period, exports decreased by 50.7%, with a compound annual growth rate of 21.0%. The lowest export volume was recorded in 2019 at 1 373 tons, which also saw the largest annual decline of 42.9%.

Annual dynamics of product's exports from the United States in kind, 2017-2020, t

From 2017 to 2020, the geographical pattern of exports in kind showed a strong dependence on Canada, which absorbed 94.5% of total flows.

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

World map of product's exports from the United States in kind, 2017-2020

Exports in value, K $ US

After a two-year decrease, linseed oil-cake shipments from the United States to abroad increased in 2020. Exports totaled 494 thousand US dollars, which is 21.0% greater than in 2019. Between 2017 and 2020, exports decreased by 53.5%, equating to an annualized rate of 22.5%. The minimum value was recorded in 2019 at 408 thousand US dollars, which also experienced the largest annual decline of 40.8%.

Annual dynamics of product's exports from the United States in value, 2017-2020, K $ US

From 2017 to 2020, Canada remained the overwhelmingly dominant buyer of linseed oil-cake from the United States, accounting for 94.4% of total exports in value terms.

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

World map of product's exports from the United States in value, 2017-2020

Imports linseed oil-cake to the United States

Imports in kind, t

The United States imported 4 155 tons of linseed oil-cake in 2020, corresponding to a small increase of 1.8% compared to 2019. Between 2017 and 2020, imports decreased by 20.2%, equating to an annualized rate of 7.2%. The minimum import volume was recorded in 2019 at 4 083 tons, while the maximum occurred in 2018 at 8 305 tons. The largest annual decline was in 2019 at 50.8%, and the largest increase was in 2018 at 59.5%.

Annual dynamics of product's imports to the United States in kind, 2017-2020, t

Over the 2017-2020 period, Canada and China were the dominant sources for imports in kind of linseed oil-cake to the United States, jointly accounting for 92.5% of total flows, with the remaining volume distributed among smaller markets.

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

World map of product's imports to the United States in kind, 2017-2020

Imports in value, K $ US

The volume of linseed oil-cake imports to the United States declined for the second consecutive year in 2020. The United States imported a total of 2 523 thousand US dollars of linseed oil-cake, marking a slight reduction of 2.3% year-over-year. Between 2017 and 2020, imports decreased by 18.4%, equating to an annualized rate of 6.5%. The maximum value was recorded in 2018 at 4 942 thousand US dollars. The largest annual decline occurred in 2019 at 47.7%, while the largest increase was in 2018 at 59.9%.

Annual dynamics of product's imports to the United States in value, 2017-2020, K $ US

From 2017 to 2020, Canada and China together accounted for 91.0% of total imports in value terms, with other countries forming a diversified but less significant portion.

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

World map of product's imports to the United States in value, 2017-2020