China - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Linseed Oil Prices in China

China Linseed Oil Import Price in August 2022

In August 2022, the linseed oil price amounted to $1,763 per ton (CIF, China), rising by 11% against the previous month. In general, the import price, however, saw a noticeable reduction. The import price peaked at $2,160 per ton in January 2022; however, from February 2022 to August 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In August 2022, the country with the highest price was Russia ($1,676 per ton), while the price for Kazakhstan stood at $1,561 per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

China Linseed Oil Import Prices by Type

Prices varied noticeably by the product type; the product with the highest price was vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified ($17.1 per kg), while the price for vegetable oils; linseed oil and its fractions, crude, not chemically modified stood at $1,754 per ton.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (+6.7%).

China Linseed Oil Imports

Linseed oil imports into China surged to 4K tons in August 2022, rising by 290% against the previous month. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, linseed oil imports surged to $7.1M (IndexBox estimates) in August 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

China Linseed Oil Imports by Type

In August 2022, vegetable oils; linseed oil and its fractions, crude, not chemically modified (4K tons) was the main type of linseed oil supplied to China, accounting for a 100% share of total imports. It was followed by vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (2.3 tons), with a 0.1% share of total imports.

From January 2022 to August 2022, the average monthly rate of growth in terms of the volume of import of vegetable oils; linseed oil and its fractions, crude, not chemically modified stood at +25.6%.

In value terms, vegetable oils; linseed oil and its fractions, crude, not chemically modified ($7.1M) constituted the largest type of linseed oil supplied to China, comprising 99% of total imports. The second position in the ranking was taken by vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified ($39K), with a 0.5% share of total imports.

China Linseed Oil Imports by Country

Kazakhstan (2.4K tons) and Russia (1.5K tons) were the main suppliers of linseed oil imports to China.

From January 2022 to August 2022, the biggest increases were in Kazakhstan (with a CAGR of +27.4%).

In value terms, Kazakhstan ($3.8M) and Russia ($2.6M) constituted the largest linseed oil suppliers to China.

Kazakhstan, with a CAGR of +30.5%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Source: IndexBox Market Intelligence Platform

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

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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 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 Edition PRO
  3. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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