Asia-Pacific: Linseed Market 2025

Linseed Market Size in Asia-Pacific

In 2022, the Asia-Pacific linseed market increased by 23% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of +3.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Linseed Production in Asia-Pacific

In value terms, linseed production stood at $X in 2022 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 86% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of linseed production was China (X tons), accounting for 66% of total volume. Moreover, linseed production in China exceeded the figures recorded by the second-largest producer, India (X tons), threefold. Afghanistan (X tons) ranked third in terms of total production with a 6.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China totaled -1.5%. In the other countries, the average annual rates were as follows: India (-2.7% per year) and Afghanistan (+29.5% per year).

The average linseed yield amounted to X tons per ha in 2022, picking up by 4.6% against the previous year. The yield figure increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 13% against the previous year. The level of yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of linseed production in Asia-Pacific dropped modestly to X ha, with a decrease of -4.4% against the previous year's figure. In general, the harvested area continues to indicate a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 9.6% against the previous year. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Linseed Exports

Exports in Asia-Pacific

In 2022, after three years of decline, there was significant growth in overseas shipments of linseed, when their volume increased by 24% to X tons. Over the period under review, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by 298%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, linseed exports skyrocketed to $X in 2022. Overall, exports saw buoyant growth. The growth pace was the most rapid in 2013 with an increase of 348%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

India prevails in exports structure, recording X tons, which was near 83% of total exports in 2022. It was distantly followed by China (X tons), constituting a 4.6% share of total exports. The following exporters - New Zealand (X tons), Myanmar (X tons) and Afghanistan (X tons) - together made up 9.3% of total exports.

India was also the fastest-growing in terms of the linseed exports, with a CAGR of +24.7% from 2012 to 2022. At the same time, Myanmar (+22.1%) and Afghanistan (+4.7%) displayed positive paces of growth. New Zealand experienced a relatively flat trend pattern. By contrast, China (-16.1%) illustrated a downward trend over the same period. India (+62 p.p.) and Myanmar (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand and China saw its share reduced by -5.4% and -54.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest linseed supplier in Asia-Pacific, comprising 86% of total exports. The second position in the ranking was held by China ($X), with a 5.3% share of total exports. It was followed by New Zealand, with a 4.2% share.

In India, linseed exports expanded at an average annual rate of +27.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (-11.5% per year) and New Zealand (+4.4% per year).

Export Prices by Country

The export price in Asia-Pacific stood at $X per ton in 2022, with an increase of 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2021 an increase of 28% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the other leaders experienced more modest paces of growth.

Linseed Imports

Imports in Asia-Pacific

In 2022, the amount of linseed imported in Asia-Pacific surged to X tons, jumping by 42% compared with the year before. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 53%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, linseed imports soared to $X in 2022. Over the period under review, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in imports structure, recording X tons, which was approx. 92% of total imports in 2022. The following importers - Vietnam (X tons) and Afghanistan (X tons) - together made up 5.5% of total imports.

China was also the fastest-growing in terms of the linseed imports, with a CAGR of +15.3% from 2012 to 2022. At the same time, Afghanistan (+4.8%) displayed positive paces of growth. Vietnam experienced a relatively flat trend pattern. While the share of China (+14 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Afghanistan (-2.7 p.p.) and Vietnam (-8.7 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported linseed in Asia-Pacific, comprising 93% of total imports. The second position in the ranking was held by Vietnam ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value in China amounted to +16.0%. In the other countries, the average annual rates were as follows: Vietnam (-4.9% per year) and Afghanistan (+7.4% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, growing by 6.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 32%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+2.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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