Australia - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Price in Australia - 2023
Contents:
- Linseed Price in Australia (CIF) - 2022
- Linseed Price in Australia (FOB) - 2022
- Linseed Imports in Australia
- Linseed Exports in Australia
Linseed Price in Australia (CIF) - 2022
In 2022, the average linseed import price amounted to $1,354 per ton, jumping by 44% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed import price increased by +74.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($13,928 per ton), while the price for Russia ($463 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+60.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Linseed Price in Australia (FOB) - 2022
In 2022, the average linseed export price amounted to $1,939 per ton, dropping by -20.3% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 133% against the previous year. Over the period under review, the average export prices reached the maximum at $2,678 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Hong Kong SAR ($3,748 per ton), while the average price for exports to Vietnam ($1,035 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 Japan (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Linseed Imports in Australia
In 2022, supplies from abroad of linseed decreased by -66.6% to 445 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a dramatic slump. The pace of growth was the most pronounced in 2020 with an increase of 80% against the previous year. As a result, imports attained the peak of 6.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, linseed imports declined sharply to $602K in 2022. In general, imports showed a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 87%. As a result, imports reached the peak of $5.1M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Linseed in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 159 | 257 | 205 | 277 | 20.3% |
Canada | 1,853 | 3,217 | 833 | 200 | -52.4% |
China | 36.0 | 88.9 | 66.8 | 50.3 | 11.8% |
Turkey | N/A | 82.6 | 21.9 | 34.6 | -35.3% |
Russia | 439 | 794 | 24.4 | 22.3 | -63.0% |
Argentina | 47.4 | 7.4 | 8.3 | 8.5 | -43.6% |
United States | 180 | 429 | N/A | 3.5 | -73.1% |
Others | 30.7 | 265 | 91.2 | 6.6 | -40.1% |
Total | 2,746 | 5,140 | 1,250 | 602 | -39.7% |
Top Suppliers of Linseed to Australia in 2022:
- New Zealand (226.6 tons)
- Canada (121.3 tons)
- Russia (48.2 tons)
- China (25.0 tons)
- Turkey (12.0 tons)
- Argentina (10.0 tons)
- United States (0.3 tons)
Linseed Exports in Australia
In 2022, the amount of linseed exported from Australia skyrocketed to 216 tons, increasing by 83% against the previous year's figure. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 261% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, linseed exports soared to $418K in 2022. Overall, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 255% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
Export of Linseed in Australia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 29.6 | 24.5 | 175 | 250 | 103.6% |
Thailand | 40.9 | 38.9 | 15.0 | 66.5 | 17.6% |
United States | N/A | N/A | 2.7 | 21.0 | 677.8% |
South Korea | N/A | N/A | N/A | 20.5 | 0% |
Indonesia | N/A | 6.7 | 4.0 | 18.0 | 63.9% |
Hong Kong SAR | 2.9 | 3.4 | 32.5 | 12.5 | 62.7% |
Vietnam | N/A | N/A | 6.5 | 11.9 | 83.1% |
Japan | N/A | 3.4 | 11.2 | 4.9 | 20.0% |
United Kingdom | 35.4 | N/A | N/A | N/A | 0% |
Others | 14.2 | 3.9 | 39.8 | 12.9 | -3.1% |
Total | 123 | 80.8 | 287 | 418 | 50.3% |
Top Export Markets for Linseed from Australia in 2022:
- New Zealand (122.2 tons)
- Thailand (43.6 tons)
- South Korea (16.0 tons)
- Vietnam (11.5 tons)
- United States (6.8 tons)
- Indonesia (6.2 tons)
- Hong Kong SAR (3.3 tons)
- Japan (3.0 tons)
This report provides an in-depth analysis of the linseed market in Australia. 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 333 - Linseed
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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
This report provides an in-depth analysis of the linseed market in Australia.
This report provides an in-depth analysis of the global linseed market.
This report provides an in-depth analysis of the linseed market in Australia.
This report provides an in-depth analysis of the global linseed market.
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
Discover the leading importers of linseed in the world and their import values in 2023. From China to Russia, learn about the key players in the global linseed trade market.
In 2015, the countries with the highest levels of linseed production were Canada (X thousand tons), Kazakhstan (X thousand tons), China (X thousand tons), together accounting for X% of total output.
Canada dominates in the global linseed trade. In 2014, Canada exported X thousand tons of linseed totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total linseed exports in v