Report Update Feb 1, 2025

Mexico - Linseed - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Linseed Market 2025

Linseed Market Size in Mexico

The Mexican linseed market surged to $X in 2022, rising by 59% against the previous year. Overall, consumption showed a noticeable setback. Linseed consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Linseed Production in Mexico

In value terms, linseed production expanded slightly to $X in 2022 estimated in export price. In general, production, however, showed a significant curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 18%. Linseed production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of linseed in Mexico fell remarkably to X kg per ha in 2022, which is down by -42.6% compared with 2021 figures. In general, the yield recorded a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 75%. As a result, the yield reached the peak level of X kg per ha, and then contracted notably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The linseed harvested area in Mexico skyrocketed to X ha in 2022, with an increase of 7,450% on the previous year. In general, the harvested area, however, saw a abrupt decrease. Over the period under review, the harvested area dedicated to linseed production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Linseed Exports

Exports from Mexico

In 2022, overseas shipments of linseed decreased by 0% to X tons, falling for the third year in a row after two years of decline. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 117% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, linseed exports stood at $X in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for linseed exports from Mexico, accounting for a 76% share of total exports. Moreover, linseed exports to the United States exceeded the volume sent to the second major destination, Guatemala (X tons), sevenfold. The third position in this ranking was held by Honduras (X tons), with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +86.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (+47.4% per year) and Honduras (+131.6% per year).

It was followed by Guatemala, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled +48.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+2.1% per year) and Guatemala (+29.1% per year).

Export Prices by Country

In 2022, the average linseed export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price showed a drastic downturn. The growth pace was the most rapid in 2020 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Honduras ($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 the United Arab Emirates (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.

Linseed Imports

Imports into Mexico

In 2022, the amount of linseed imported into Mexico fell to X tons, waning by -8.4% against 2021 figures. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2013 when imports increased by 11%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, linseed imports soared to $X in 2022. Over the period under review, imports recorded a mild shrinkage. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Canada (X tons) was the main supplier of linseed to Mexico, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Canada stood at -7.4%.

In value terms, Canada ($X) constituted the largest supplier of linseed to Mexico.

From 2012 to 2022, the average annual growth rate of value from Canada stood at -1.1%.

Import Prices by Country

In 2022, the average linseed import price amounted to $X per ton, with an increase of 65% against the previous year. In general, the import price enjoyed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +6.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed in the world?

The countries with the highest volumes of linseed consumption in 2021 were China, Kazakhstan and Belgium, together comprising 54% of global consumption.

What are the largest producers of linseed in the world?

The countries with the highest volumes of linseed production in 2021 were Kazakhstan, Russia and Canada, together comprising 71% of global production.

What are the leading suppliers of linseed to Mexico?

In value terms, the largest linseed suppliers to Mexico were Canada and the United States.

What are the leading importers of linseed from Mexico?

In value terms, the largest markets for linseed exported from Mexico were the United States, Canada and Guatemala, together comprising 96% of total exports.

What is the average export price for linseed in Mexico?

In 2021, the average linseed export price amounted to $1,567 per ton, declining by -69.6% against the previous year.

What is the average import price for linseed in Mexico?

In 2021, the average linseed import price amounted to $683 per ton, rising by 12% against the previous year.

This report provides an in-depth analysis of the linseed market in Mexico. 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 333 - Linseed

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024