Egypt: Linseed Oil Market 2025

Linseed Oil Market Size in Egypt

The Egyptian linseed oil market fell to $X in 2022, with a decrease of -5.2% against the previous year. Overall, consumption continues to indicate a mild descent. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Linseed Oil Production in Egypt

In value terms, linseed oil production totaled $X in 2022 estimated in export price. Overall, production recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Linseed Oil Exports

Exports from Egypt

After two years of decline, overseas shipments of linseed oil increased by 10% to X tons in 2022. Overall, exports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of 262%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, linseed oil exports dropped slightly to $X in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2019 with an increase of 421% against the previous year. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Palestine (X tons) was the main destination for linseed oil exports from Egypt, accounting for a 86% share of total exports. Moreover, linseed oil exports to Palestine exceeded the volume sent to the second major destination, Kuwait (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Palestine amounted to +7.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (+0.2% per year) and Indonesia (+67.1% per year).

In value terms, Palestine ($X) emerged as the key foreign market for linseed oil exports from Egypt, comprising 93% of total exports. The second position in the ranking was held by Indonesia ($X), with a 5.6% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Palestine totaled +6.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (-26.9% per year) and Kuwait (-17.1% per year).

Export Prices by Country

In 2022, the average linseed oil export price amounted to $X per ton, declining by -13% against the previous year. Overall, the export price, however, saw modest growth. The pace of growth was the most pronounced in 2021 an increase of 139%. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Kuwait ($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 Kenya (+38.3%), while the prices for the other major destinations experienced mixed trend patterns.

Linseed Oil Imports

Imports into Egypt

Linseed oil imports into Egypt shrank significantly to X tons in 2022, dropping by -60.2% compared with the year before. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 714% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, linseed oil imports reduced remarkably to $X in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2019 with an increase of 728% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of linseed oil to Egypt, accounting for a 75% share of total imports. Moreover, linseed oil imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium amounted to -6.7%.

In value terms, Belgium ($X) constituted the largest supplier of linseed oil to Egypt, comprising 75% of total imports. The second position in the ranking was held by Germany ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium was relatively modest.

Import Prices by Country

The average linseed oil import price stood at $X per ton in 2022, increasing by 34% against the previous year. In general, the import price continues to indicate perceptible growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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