Report Update: Apr 1, 2024

France - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Linseed Oil Price in France - 2023

Linseed Oil Price in France (CIF) - 2023

The average linseed oil import price stood at $1,650 per ton in June 2023, surging by 1.9% against the previous month. Over the period under review, the import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in September 2022 an increase of 11% m-o-m. As a result, import price reached the peak level of $2,386 per ton. From October 2022 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($6,756 per ton), while the price for Belgium ($1,545 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 the Czech Republic (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Linseed Oil Price in France (FOB) - 2023

In June 2023, the average linseed oil export price amounted to $8,606 per ton, declining by -10.5% against the previous month. In general, export price indicated a prominent expansion from June 2022 to June 2023: its price increased at an average monthly rate of +5.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, linseed oil export price decreased by -14.0% against April 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 65% month-to-month. Over the period under review, the average export prices reached the maximum at $10,002 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($13,898 per ton), while the average price for exports to the Netherlands ($3,147 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 Belgium (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Oil Imports in France

In 2022, supplies from abroad of linseed oil decreased by -14% to 6.9K tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2020 when imports increased by 8.6% against the previous year. As a result, imports reached the peak of 9.1K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, linseed oil imports rose notably to $14M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 23% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Linseed Oil in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	6.3	7.8	10.0	11.8	23.3%
Germany	1.4	1.7	1.6	0.8	-17.0%
Netherlands	0.4	0.7	1.0	0.7	20.5%
Czech Republic	N/A	0.1	0.3	0.3	73.2%
Spain	0.1	0.1	0.2	0.2	26.0%
Others	0.6	0.5	0.2	0.3	-20.6%
Total	8.9	10.9	13.4	14.1	16.6%

Top Suppliers of Linseed Oil to France in 2022:

Belgium (6.0K tons)
Netherlands (0.3K tons)
Germany (0.3K tons)
Czech Republic (0.2K tons)
Spain (0.1K tons)

Linseed Oil Exports in France

In 2022, overseas shipments of linseed oil decreased by -49.1% to 677 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 when exports increased by 36%. As a result, the exports reached the peak of 1.3K tons, and then contracted sharply in the following year.

In value terms, linseed oil exports contracted remarkably to $3.8M in 2022. Overall, exports continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 with an increase of 32% against the previous year.

Export of Linseed Oil in France (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,731	3,408	3,032	1,888	-11.6%
China	12.2	275	429	446	231.9%
Ireland	249	160	455	441	21.0%
Belgium	307	278	1,062	364	5.8%
Hong Kong SAR	7.9	1.1	199	125	151.1%
United Kingdom	74.5	71.1	142	77.3	1.2%
Netherlands	46.2	54.2	27.8	53.2	4.8%
Others	565	1,006	770	447	-7.5%
Total	3,992	5,253	6,116	3,842	-1.3%

Top Export Markets for Linseed Oil from France in 2022:

Germany (209.0 tons)
Ireland (160.6 tons)
Belgium (141.8 tons)
China (54.9 tons)
Hong Kong SAR (18.6 tons)
United Kingdom (17.2 tons)
Netherlands (14.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the linseed oil market in France. 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:

France

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in France
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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023