Benelux: Linseed Market 2024

Linseed Market Size in Benelux

The Benelux linseed market was estimated at $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Linseed Production in Benelux

In value terms, linseed production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The country with the largest volume of linseed production was Belgium (X tons), comprising approx. X% of total volume. Moreover, linseed production in Belgium exceeded the figures recorded by the second-largest producer, the Netherlands (X tons), ninefold.

In Belgium, linseed production expanded at an average annual rate of X% over the period from 2012-2022.

The average linseed yield reduced markedly to X tons per ha in 2022, with a decrease of X% compared with the year before. In general, the yield, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2021 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha, and then fell markedly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the linseed harvested area in Benelux soared to X ha, jumping by X% on 2021. In general, the harvested area, however, showed a pronounced setback. Over the period under review, the harvested area dedicated to linseed production reached the peak figure at X ha in 2017; however, from 2018 to 2022, the harvested area stood at a somewhat lower figure.

Linseed Exports

Exports in Benelux

In 2022, overseas shipments of linseed decreased by X% to X tons, falling for the second consecutive year after two years of growth. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, linseed exports rose sharply to $X in 2022. In general, exports, however, saw moderate growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

Belgium was the major exporter of linseed in Benelux, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports.

Belgium experienced a relatively flat trend pattern with regard to volume of exports of linseed. The Netherlands (X%) illustrated a downward trend over the same period. Belgium (X p.p.) significantly strengthened its position in terms of the total exports, while the Netherlands saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Belgium ($X) remains the largest linseed supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

In Belgium, linseed exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, jumping by X% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Linseed Imports

Imports in Benelux

In 2022, overseas purchases of linseed decreased by X% to X tons, falling for the second year in a row after three years of growth. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, linseed imports expanded remarkably to $X in 2022. Total imports indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Belgium represented the major importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by the Netherlands (X tons), making up a X% share of total imports.

Imports into Belgium decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) constitutes the largest market for imported linseed in Benelux, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports.

In Belgium, linseed imports expanded at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, growing by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% 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 X% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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