U.S. - Linseed - Market Analysis, Forecast, Size, Trends and Insights
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U.S. - Linseed - Market Analysis, Forecast, Size, Trends and Insights

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Sep 2, 2024

U.S. Linseed Imports Drop to $22M in 2023

U.S. Linseed Imports

After two years of growth, supplies from abroad of linseed decreased by -82.8% to 33K tons in 2023. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2022 with an increase of 52%. Over the period under review, imports attained the peak figure at 195K tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.

In value terms, linseed imports contracted dramatically to $22M (IndexBox estimates) in 2023. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2022 with an increase of 95%. As a result, imports attained the peak of $226M, and then shrank dramatically in the following year.U.S. Linseed Imports By Country (Million USD)

COUNTRYImport Value of Linseed in U.S. (million USD)
20132014201520162017201820192020202120222023
Canada11711484.356.060.278.272.468.910414420.4
Argentina0.11.01.93.23.32.41.20.30.42.70.8
IndiaN/A0.93.81.01.84.04.73.72.311.10.5
Kazakhstan0.21.74.00.90.90.71.70.40.210.3N/A
RussiaN/A13.40.2N/A1.00.1N/AN/A6.643.6N/A
Others1.14.03.43.74.33.21.51.81.914.20.2
Total11913597.664.871.488.681.575.211622621.9

Imports by Country

In 2023, Canada (32K tons) was the main supplier of linseed to the United States, accounting for a 98% share of total imports. It was followed by Argentina (428 tons), with a 1.3% share of total imports.

From 2013 to 2023, the average annual growth rate of volume from Canada stood at -15.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+21.8% per year) and India (+27.6% per year).

In value terms, Canada ($20M) constituted the largest supplier of linseed to the United States, comprising 93% of total imports. The second position in the ranking was held by Argentina ($815K), with a 3.7% share of total imports.

From 2013 to 2023, the average annual rate of growth in terms of value from Canada amounted to -16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+21.9% per year) and India (+30.6% per year).

Import Prices by Country

In 2023, the linseed price amounted to $666 per ton (CIF, US), which is down by -43.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 35%. Over the period under review, average import prices hit record highs at $1,180 per ton in 2022, and then declined rapidly 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 India ($2,197 per ton), while the price for Canada amounted to $635 per ton.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Russia (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the linseed market in the U.S.. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in the U.S.
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND THE AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and its Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      5. MARKET FORECAST TO 2035
    4. 4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

      Finding New Products to Diversify Your Business

      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCTS
      4. MOST TRADED PRODUCTS
      5. MOST PROFITABLE PRODUCTS FOR EXPORTS
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. COUNTRIES WITH TOP YIELDS
      4. TOP EXPORTING COUNTRIES
      5. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Export

      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

    11. LIST OF TABLES

      1. Key Findings In 2024
      2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Imports, In Physical Terms, By Country, 2012-2024
      6. Imports, In Value Terms, By Country, 2012-2024
      7. Import Prices, By Country, 2012-2024
      8. Exports, In Physical Terms, By Country, 2012-2024
      9. Exports, In Value Terms, By Country, 2012-2024
      10. Exports Prices, By Country, 2012-2024
    12. LIST OF FIGURES

      1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
      3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
      8. Market Volume Forecast to 2035
      9. Market Value Forecast to 2035
      10. Market Size and Growth, by Product
      11. Average Per Capita Consumption, by Product
      12. Exports and Growth, by Product
      13. Export Prices and Growth, by Product
      14. Production Volume and Growth
      15. Yield and Growth
      16. Exports and Growth
      17. Export Prices and Growth
      18. Market Size and Growth
      19. Per Capita Consumption
      20. Imports and Growth
      21. Import Prices
      22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
      25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
      26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      28. Imports, in Physical Terms, by Country, 2024
      29. Imports, in Physical Terms, by Country, 2012-2024
      30. Imports, in Value Terms, by Country, 2012-2024
      31. Import Prices, by Country, 2012-2024
      32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
      34. Exports, in Physical Terms, by Country, 2024
      35. Exports, in Physical Terms, by Country, 2012-2024
      36. Exports, in Value Terms, by Country, 2012-2024
      37. Export Prices, by Country, 2012-2024

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