Belgium - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingLinseed Oil Price in Belgium - 2023
Contents:
- Linseed Oil Price in Belgium (FOB) - 2023
- Linseed Oil Price in Belgium (CIF) - 2022
- Linseed Oil Exports in Belgium
- Linseed Oil Imports in Belgium
Linseed Oil Price in Belgium (FOB) - 2023
In June 2023, the average linseed oil export price amounted to $1,314 per ton, shrinking by -4.8% against the previous month. Over the period under review, the export price saw a pronounced curtailment. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 16% month-to-month. Over the period under review, the average export prices hit record highs at $1,987 per ton in June 2022; however, from July 2022 to June 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($1,707 per ton), while the average price for exports to Denmark ($1,131 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-1.4%), while the prices for the other major destinations experienced a decline.
Linseed Oil Price in Belgium (CIF) - 2022
In 2022, the average linseed oil import price amounted to $1,604 per ton, surging by 3.3% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed oil import price increased by +98.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 49% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,957 per ton), while the price for the Netherlands ($1,165 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Linseed Oil Exports in Belgium
In 2022, the amount of linseed oil exported from Belgium was estimated at 95K tons, stabilizing at the previous year's figure. In general, exports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 0.9% against the previous year.
In value terms, linseed oil exports rose sharply to $179M in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 64%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Linseed Oil in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 20.0 | 21.6 | 30.1 | 40.1 | 26.1% |
| Germany | 18.5 | 19.0 | 39.6 | 37.0 | 26.0% |
| Norway | 5.1 | 6.3 | 5.0 | 21.0 | 60.3% |
| France | 7.4 | 8.5 | 10.9 | 12.2 | 18.1% |
| Japan | 4.0 | 4.8 | 7.9 | 8.0 | 26.0% |
| United Kingdom | 3.3 | 3.5 | 7.2 | 6.9 | 27.9% |
| South Korea | 2.8 | 2.3 | 5.3 | 6.4 | 31.7% |
| India | 3.0 | 3.1 | 6.2 | 5.3 | 20.9% |
| Italy | 3.0 | 3.0 | 4.3 | 5.2 | 20.1% |
| Spain | 1.6 | 1.6 | 3.6 | 3.5 | 29.8% |
| Indonesia | 2.3 | 1.9 | 4.1 | 3.2 | 11.6% |
| Chile | 0.3 | 0.3 | 0.4 | 2.8 | 110.5% |
| China | 4.0 | 3.6 | 3.0 | 1.4 | -29.5% |
| Others | 12.5 | 15.6 | 28.6 | 25.6 | 27.0% |
| Total | 87.8 | 95.1 | 156 | 179 | 26.8% |
Top Export Markets for Linseed Oil from Belgium in 2022:
- Netherlands (22.3K tons)
- Germany (19.5K tons)
- Norway (12.5K tons)
- France (6.5K tons)
- Japan (4.1K tons)
- United Kingdom (3.5K tons)
- South Korea (3.1K tons)
- Italy (2.8K tons)
- India (2.5K tons)
- Chile (1.8K tons)
- Spain (1.8K tons)
- Indonesia (1.6K tons)
- China (0.7K tons)
Linseed Oil Imports in Belgium
After three years of growth, supplies from abroad of linseed oil decreased by -45% to 6.4K tons in 2022. Overall, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71%.
In value terms, linseed oil imports shrank markedly to $10M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 141% against the previous year. As a result, imports attained the peak of $18M, and then declined rapidly in the following year.
| Import of Linseed Oil in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | 3.9 | 7.1 | 82.1% |
| Germany | 1.3 | 5.8 | 6.2 | 2.3 | 20.9% |
| Netherlands | 1.3 | 1.2 | 4.9 | 0.4 | -32.5% |
| France | 0.4 | 0.4 | 1.2 | 0.4 | 0.0% |
| Poland | 0.4 | N/A | 1.1 | N/A | 65.8% |
| Others | 0.1 | 0.1 | 0.8 | 0.1 | 0.0% |
| Total | 3.4 | 7.5 | 18.1 | 10.3 | 44.7% |
Top Suppliers of Linseed Oil to Belgium in 2022:
- Russia (4.7K tons)
- Germany (1.2K tons)
- Netherlands (0.3K tons)
- France (0.2K tons)
This report provides an in-depth analysis of the linseed oil market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 334 - Oil of Linseed
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
599
This report provides an in-depth analysis of the linseed oil market in Belgium.
569
This report provides an in-depth analysis of the maize oil market in Belgium.
613
This report provides an in-depth analysis of the sesame oil market in Belgium.
594
This report provides an in-depth analysis of the castor oil seed market in Belgium.
478
This report provides an in-depth analysis of the crude maize oil market in Belgium.
346
This report provides an in-depth analysis of the refined maize oil market in Belgium.
3988
This report provides an in-depth analysis of the global linseed oil market.
1330
This report provides an in-depth analysis of the global maize oil market.
1955
This report provides an in-depth analysis of the global sesame oil market.
2141
Global Castor Oil Seed Market Report 2019. This report provides an in-depth analysis of the global castor oil seed market.
2203
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.
3368
In 2015, the countries with the highest levels of linseed oil production were China (X thousand tons), Belgium (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1812
Belgium continued its dominance in the global linseed oil trade. In 2014, Belgium exported X thousand tons of linseed oil totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplied X% of its to
1505
Global maize oil consumption amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1428
In 2015, the country with the largest volume of the maize oil output was the United States (X thousand tons), accounting for X% of global production.
1713
The maize oil market reached X million USD, rising with an annual increase of X%.
1398
The U.S. dominates in the global maize oil trade. In 2014, the U.S. exported X thousand tons of maize oil totaling X million USD, X% under the previous year. Its primary trading partner was Saudi Arabia, where it supplied X% of its total maize
1605
The global sesame oil market revenue amounted to $X in 2017 (IndexBox estimate), flattening at the previous year. This ...
2958
In 2016, global sesame oil market reached X tons, expanding robustly over the last four years. In wholesale prices, the market totaled $X, also undergoing a prominent expansion. This figure reflects the total revenue of producers and importer
6070
Global sesame oil consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
