Germany - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Oil Price in Germany - 2023
Contents:
- Linseed Oil Price in Germany (CIF) - 2023
- Linseed Oil Price in Germany (FOB) - 2022
- Linseed Oil Imports in Germany
- Linseed Oil Exports in Germany
Linseed Oil Price in Germany (CIF) - 2023
The average linseed oil import price stood at $1,830 per ton in June 2023, with an increase of 4% against the previous month. In general, the import price, however, continues to indicate a mild downturn. The growth pace was the most rapid in December 2022 when the average import price increased by 22% m-o-m. As a result, import price reached the peak level of $2,466 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was France ($7,421 per ton), while the price for Belgium ($1,568 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Linseed Oil Price in Germany (FOB) - 2022
In 2022, the average linseed oil export price amounted to $1,938 per ton, with a decrease of -1.7% against the previous year. Overall, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed oil export price increased by +56.6% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 24%. As a result, the export price reached the peak level of $1,971 per ton, and then shrank modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4,073 per ton), while the average price for exports to Indonesia ($1,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.
Linseed Oil Imports in Germany
Linseed oil imports into Germany fell markedly to 24K tons in 2022, reducing by -29.2% against the previous year. In general, imports saw a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of 34K tons, and then contracted sharply in the following year.
In value terms, linseed oil imports shrank to $49M in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 93% against the previous year. As a result, imports attained the peak of $56M, and then shrank in the following year.
Import of Linseed Oil in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 15.2 | 18.0 | 40.1 | 37.8 | 35.5% |
Netherlands | 1.9 | 3.1 | 5.2 | 4.8 | 36.2% |
Austria | 1.3 | 1.3 | 1.8 | 1.7 | 9.4% |
France | 2.5 | 3.2 | 3.2 | 1.6 | -13.8% |
Czech Republic | 0.9 | 0.7 | 1.1 | 1.5 | 18.6% |
United States | 2.5 | 0.9 | 1.2 | 0.9 | -28.9% |
Poland | 1.5 | 0.9 | 2.0 | 0.4 | -35.6% |
Others | 0.7 | 1.1 | 1.4 | 0.6 | -5.0% |
Total | 26.6 | 29.1 | 56.0 | 49.3 | 22.8% |
Top Suppliers of Linseed Oil to Germany in 2022:
- Belgium (19.5K tons)
- Netherlands (2.0K tons)
- Czech Republic (0.7K tons)
- United States (0.5K tons)
- Austria (0.5K tons)
- France (0.4K tons)
- Poland (0.2K tons)
Linseed Oil Exports in Germany
After three years of growth, overseas shipments of linseed oil decreased by -23.1% to 10K tons in 2022. Overall, exports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when exports increased by 3%. As a result, the exports reached the peak of 14K tons, and then dropped significantly in the following year.
In value terms, linseed oil exports fell sharply to $20M in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $27M, and then shrank notably in the following year.
Export of Linseed Oil in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.1 | 1.4 | 2.9 | 3.5 | 4.1% |
Belgium | 0.4 | 0.3 | 1.6 | 2.7 | 89.0% |
Netherlands | 1.9 | 1.6 | 3.5 | 2.2 | 5.0% |
Austria | 1.9 | 2.2 | 1.8 | 1.8 | -1.8% |
France | 2.1 | 2.5 | 2.2 | 1.6 | -8.7% |
Italy | 1.0 | 1.4 | 1.6 | 1.5 | 14.5% |
Denmark | 0.5 | 0.8 | 0.9 | 0.8 | 17.0% |
Poland | 2.0 | 1.7 | 2.3 | 0.7 | -29.5% |
Spain | 0.5 | 0.4 | 0.5 | 0.7 | 11.9% |
Sweden | 0.2 | 0.2 | 0.5 | 0.6 | 44.2% |
Philippines | 0.1 | 0.2 | 0.9 | 0.3 | 44.2% |
Indonesia | 0.1 | 0.3 | 0.3 | 0.3 | 44.2% |
South Korea | 1.8 | 1.1 | 0.4 | 0.3 | -45.0% |
Others | 4.8 | 6.9 | 7.2 | 3.1 | -13.6% |
Total | 20.5 | 20.9 | 26.7 | 20.1 | -0.7% |
Top Export Markets for Linseed Oil from Germany in 2022:
- Japan (3107.3 tons)
- Belgium (2065.9 tons)
- Netherlands (942.0 tons)
- Italy (780.7 tons)
- France (471.0 tons)
- Austria (451.5 tons)
- Denmark (322.9 tons)
- Spain (273.2 tons)
- Indonesia (248.2 tons)
- Sweden (245.3 tons)
- Philippines (190.8 tons)
- Poland (169.4 tons)
- South Korea (109.3 tons)
This report provides an in-depth analysis of the linseed oil market in Germany. 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:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
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