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From 2018 to 2024, the growth of Linseed Oil imports remained relatively modest, with a decrease in value to $27M in 2024.
Linseed Oil imports reached a peak of 38K tons in 2015 but failed to regain momentum from 2016 to 2023, resulting in a dramatic decline in value to $35M in 2023.
Linseed Oil imports reached their highest point at 9.1K tons in 2019, but saw a decline from 2020 to 2023. In terms of value, imports fell significantly to $15M in 2023.
Throughout the review period, Linseed Oil imports peaked at 38K tons in 2015 but failed to regain momentum from 2016 to 2023. In terms of value, imports significantly dropped to $35M in 2023.
In January 2023, Linseed Oil imports experienced an extraordinary growth rate of 207% month-on-month. However, the value of these imports significantly dropped to $1.8M in September 2023.
Linseed Oil exports in June 2023 experienced a slight contraction, reaching a value of $934K.
In March 2023, the price of Linseed Oil was $2,129 per ton (CIF, India), showing a 14% increase compared to the previous month.
In value terms, linseed oil imports soared to $4.5M in April 2023.
In December 2022, the price of linseed oil dropped by -6.2% to $1,907 per ton (CIF, France) compared to the previous month.
In July 2022, the linseed oil price stood at $2,230 per ton (FOB, Spain), waning by -14.4% against the previous month.
In September 2022, the linseed oil price per ton stood at $4.5K (CIF, US), rising by 4.8% against the previous month.
Global linseed oil consumption amounted to X thousand tons in 2015, shrinking by -X% against the previous year level.