Croatia: Linseed Market 2025

Linseed Market Size in Croatia

In 2022, after three years of growth, there was decline in the Croatian linseed market, when its value decreased by -4.3% to $X. The market value increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Linseed consumption peaked at $X in 2021, and then shrank in the following year.

Linseed Exports

Exports from Croatia

In 2022, linseed exports from Croatia skyrocketed to X tons, rising by 179% against 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 193%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, linseed exports soared to $X in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Slovenia (X tons), France (X tons) and Austria (X tons) were the main destinations of linseed exports from Croatia, with a combined 58% share of total exports. Serbia, Romania, Bosnia and Herzegovina and Bulgaria lagged somewhat behind, together accounting for a further 39%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +129.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X) remains the key foreign market for linseed exports from Croatia, comprising 33% of total exports. The second position in the ranking was held by Serbia ($X), with a 15% share of total exports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Slovenia stood at +27.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (+53.0% per year) and Austria (+164.9% per year).

Export Prices by Country

The average linseed export price stood at $X per ton in 2022, with an increase of 7.5% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 49% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Imports

Imports into Croatia

In 2022, approx. X tons of linseed were imported into Croatia; growing by 31% on the previous year. In general, imports saw resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by 32%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

Imports by Country

In 2022, Poland (X tons) constituted the largest linseed supplier to Croatia, accounting for a 67% share of total imports. Moreover, linseed imports from Poland exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sevenfold. Hungary (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland stood at +22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+94.0% per year) and Hungary (+32.9% per year).

In value terms, Poland ($X) constituted the largest supplier of linseed to Croatia, comprising 57% of total imports. The second position in the ranking was taken by Hungary ($X), with a 9.7% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+40.8% per year) and the Netherlands (+63.1% per year).

Import Prices by Country

In 2022, the average linseed import price amounted to $X per ton, surging by 13% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 37%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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