Guatemala - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGuatemala: Linseed Oil Market 2025
Linseed Oil Market Size in Guatemala
The Guatemalan linseed oil market skyrocketed to $X in 2022, jumping by 1,935% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a deep contraction. Linseed oil consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.
Linseed Oil Exports
Exports from Guatemala
In 2022, after two years of growth, there was significant decline in overseas shipments of linseed oil, when their volume decreased by -99.9% to X kg. In general, exports faced a significant decline. The growth pace was the most rapid in 2020 with an increase of 5,402% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank dramatically in the following year.
In value terms, linseed oil exports dropped significantly to $X in 2022. Overall, exports recorded a precipitous contraction. The pace of growth was the most pronounced in 2016 with an increase of 637% against the previous year. The exports peaked at $X in 2021, and then fell remarkably in the following year.
Exports by Country
Honduras (X kg) was the main destination for linseed oil exports from Guatemala, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Honduras stood at +5.3%.
In value terms, Honduras ($X) emerged as the key foreign market for linseed oil exports from Guatemala.
From 2012 to 2022, the average annual rate of growth in terms of value to Honduras stood at +11.1%.
Export Prices by Country
In 2022, the average linseed oil export price amounted to $X per ton, jumping by 262% against the previous year. Over the period under review, the export price, however, recorded a abrupt setback. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Honduras.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +28.8% per year.
Linseed Oil Imports
Imports into Guatemala
In 2022, purchases abroad of linseed oil increased by 23% to X tons, rising for the third consecutive year after six years of decline. Overall, imports, however, saw a abrupt setback. The growth pace was the most rapid in 2013 when imports increased by 240% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, linseed oil imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of 235%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.
Imports by Country
In 2022, Canada (X tons) constituted the largest supplier of linseed oil to Guatemala, with a 87% share of total imports. Moreover, linseed oil imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X tons), ninefold.
From 2012 to 2022, the average annual rate of growth in terms of volume from Canada amounted to +84.1%.
In value terms, Canada ($X) constituted the largest supplier of linseed oil to Guatemala, comprising 87% of total imports. The second position in the ranking was taken by the United States ($X), with an 11% share of total imports.
From 2012 to 2022, the average annual growth rate of value from Canada stood at +85.8%.
Import Prices by Country
In 2022, the average linseed oil import price amounted to $X per ton, with an increase of 62% against the previous year. In general, the import price saw a resilient expansion. The growth pace was the most rapid in 2019 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Canada stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%).
Source: IndexBox Platform
This report provides an in-depth analysis of the linseed oil market in Guatemala. 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:
- Guatemala
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Guatemala
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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