Report Update: Nov 1, 2024

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

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Linseed Oil Prices in the United States

U.S. Linseed Oil Import Price per Ton in August 2022

In August 2022, the linseed oil price per ton amounted to $4.3K (CIF, US), shrinking by -14.4% against the previous month. Overall, the import price, however, continues to indicate a noticeable increase. The most prominent rate of growth was recorded in April 2022 an increase of 86% month-to-month. As a result, import price attained the peak level of $7.7K per ton. From May 2022 to August 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2022, the country with the highest price was the UK ($10.9K per ton), while the price for Belgium ($2.5K per ton) was amongst the lowest.

From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

U.S. Linseed Oil Import Prices by Type

Average prices varied somewhat amongst the major supplied products. In August 2022, the product with the highest price was vegetable oils; linseed oil and its fractions, crude, not chemically modified ($5.2K per ton), while the price for vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified stood at $4.1K 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, crude, not chemically modified (+3.7%).

U.S. Linseed Oil Imports

In August 2022, approximately 381 tons of linseed oil were imported into the United States; increasing by 46% against the previous month. In general, imports, however, saw a mild decrease. The most prominent rate of growth was recorded in June 2022 with an increase of 385% against the previous month.

In value terms, linseed oil imports surged to $1.6M (IndexBox estimates) in August 2022. Over the period under review, imports recorded perceptible growth. The pace of growth was the most pronounced in March 2022 when imports increased by 356% m-o-m. As a result, imports reached the peak of $5.1M. From April 2022 to August 2022, the growth of imports failed to regain momentum.

U.S. Linseed Oil Imports by Type

In August 2022, vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified (319 tons) constituted the largest type of linseed oil supplied to the United States, accounting for a 84% share of total imports. Moreover, vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified exceeded the figures recorded for the second-largest type, vegetable oils; linseed oil and its fractions, crude, not chemically modified (62 tons), fivefold.

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, other than crude, whether or not refined, but not chemically modified totaled -3.6%.

In value terms, vegetable oils; linseed oil and its fractions, other than crude, whether or not refined, but not chemically modified ($1.3M) constituted the largest type of linseed oil supplied to the United States, comprising 80% of total imports. The second position in the ranking was taken by vegetable oils; linseed oil and its fractions, crude, not chemically modified ($322K), with a 20% share of total imports.

U.S. Linseed Oil Imports by Country

Turkey (172 tons), Canada (101 tons) and China (76 tons) were the main suppliers of linseed oil imports to the United States, with a combined 92% share of total imports. Belgium and the UK lagged somewhat behind, together accounting for a further 8.3%.

From January 2022 to August 2022, the biggest increases were in the UK (with a CAGR of +52.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Canada ($605K), Turkey ($517K) and China ($346K) constituted the largest linseed oil suppliers to the United States, with a combined 90% share of total imports. These countries were followed by the UK and Belgium, which together accounted for a further 9%.

In terms of the main suppliers, the UK, with a CAGR of +55.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the linseed oil 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 334 - Oil of Linseed

Country coverage:

United States

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:

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

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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