Germany - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGerman Linseed Oil Imports Plummet to $35M in 2023
Germany Linseed Oil Imports
In 2023, approx. 21K tons of linseed oil were imported into Germany; dropping by -21.1% compared with 2022 figures. Over the period under review, imports recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 39% against the previous year. Imports peaked at 38K tons in 2015; however, from 2016 to 2023, imports failed to regain momentum.
In value terms, linseed oil imports declined dramatically to $35M (IndexBox estimates) in 2023. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 93% against the previous year. As a result, imports reached the peak of $56M. From 2022 to 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Linseed Oil in Germany (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Belgium | 25.6 | 36.9 | 34.8 | 22.8 | 20.0 | 19.2 | 15.2 | 18.8 | 42.6 | 42.8 | 26.9 |
| Netherlands | 0.6 | 0.4 | 0.6 | 1.2 | 1.3 | 1.6 | 1.9 | 3.1 | 5.2 | 5.0 | 3.0 |
| France | 0.7 | 1.2 | 0.9 | 1.3 | 1.1 | 1.9 | 2.5 | 3.5 | 3.0 | 1.9 | 2.3 |
| Austria | 0.1 | 0.2 | 0.3 | 0.3 | 0.6 | 1.2 | 1.3 | 1.3 | 1.4 | 1.8 | 1.5 |
| Czech Republic | N/A | 0.1 | 0.4 | 0.4 | 0.6 | 0.7 | 0.9 | 0.7 | 1.1 | 1.5 | 0.8 |
| Poland | 1.9 | N/A | N/A | N/A | N/A | 1.1 | 1.5 | 0.7 | 1.9 | 0.4 | 0.1 |
| United States | 4.3 | 4.7 | 4.3 | 4.9 | 3.2 | 2.9 | 2.5 | N/A | N/A | N/A | N/A |
| Others | 0.6 | 0.9 | 0.9 | 1.0 | 0.9 | 1.2 | 0.7 | 0.9 | 0.8 | 0.5 | 0.2 |
| Total | 33.8 | 44.4 | 42.2 | 31.9 | 27.7 | 29.9 | 26.6 | 29.1 | 56.0 | 53.8 | 34.8 |
Imports by Country
In 2023, Belgium (18K tons) constituted the largest linseed oil supplier to Germany, with a 87% share of total imports. Moreover, linseed oil imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (1.2K tons), more than tenfold. The third position in this ranking was taken by Austria (507 tons), with a 2.4% share.
From 2013 to 2023, the average annual growth rate of volume from Belgium totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.3% per year) and Austria (+33.6% per year).
In value terms, Belgium ($27M) constituted the largest supplier of linseed oil to Germany, comprising 77% of total imports. The second position in the ranking was taken by the Netherlands ($3M), with an 8.5% share of total imports. It was followed by France, with a 6.7% share.
From 2013 to 2023, the average annual rate of growth in terms of value from Belgium was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+17.9% per year) and France (+12.3% per year).
Imports by Type
Vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (13K tons) and vegetable oils; linseed oil and its fractions, crude, not chemically modified (7.7K tons) were the main products of linseed oil imports to Germany.
From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the major product types, was attained by vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (with a CAGR of +1.5%).
In value terms, linseed oil with the largest imports in Germany were vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified ($23M) and vegetable oils; linseed oil and its fractions, crude, not chemically modified ($12M).
Import Prices by Country
In 2023, the linseed oil price amounted to $1,659 per ton (CIF, Germany), falling by -17.9% against the previous year. In general, the import price, however, recorded a tangible increase. The growth pace was the most rapid in 2021 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the peak figure at $2,022 per ton in 2022, and then contracted notably in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($10,514 per ton), while the price for Belgium ($1,465 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United States (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.
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.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- 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 Export
- 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: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- 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: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
