Report Update Nov 1, 2024

Switzerland - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights

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Switzerland: Linseed Oil Market 2024

Linseed Oil Market Size in Switzerland

The Swiss linseed oil market contracted to $X in 2022, declining by -13.6% against the previous year. In general, consumption, however, continues to indicate a slight expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Linseed Oil Production in Switzerland

In value terms, linseed oil production declined to $X in 2022 estimated in export price. In general, production enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by 78% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Linseed Oil Exports

Exports from Switzerland

In 2022, overseas shipments of linseed oil increased by 235% to X tons, rising for the third consecutive year after six years of decline. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, linseed oil exports soared to $X in 2022. In general, exports, however, faced a deep reduction. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for linseed oil exports from Switzerland, accounting for a 54% share of total exports. Moreover, linseed oil exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was taken by Romania (X tons), with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain totaled +156.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-25.1% per year) and Romania (+86.6% per year).

In value terms, the largest markets for linseed oil exported from Switzerland were Romania ($X), Italy ($X) and Spain ($X), together comprising 85% of total exports.

Spain, with a CAGR of +137.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average linseed oil export price amounted to $X per ton, declining by -43.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 36%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Spain ($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 (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Oil Imports

Imports into Switzerland

In 2022, the amount of linseed oil imported into Switzerland plummeted to X tons, which is down by -24.6% on 2021 figures. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by 52%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, linseed oil imports declined to $X in 2022. In general, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Germany (X tons), Kazakhstan (X tons) and Belgium (X tons) were the main suppliers of linseed oil imports to Switzerland, together accounting for 66% of total imports.

From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +51.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Kazakhstan ($X) and Romania ($X) appeared to be the largest linseed oil suppliers to Switzerland, together comprising 66% of total imports.

Kazakhstan, with a CAGR of +52.9%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average linseed oil import price amounted to $X per ton, growing by 22% against the previous year. In general, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2014 when the average import price increased by 139% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for linseed oil in the world?

China constituted the country with the largest volume of linseed oil consumption, accounting for 31% of total volume. Moreover, linseed oil consumption in China exceeded the figures recorded by the second-largest consumer, the Dominican Republic, threefold. The third position in this ranking was occupied by the United States, with an 8.2% share.

What are the largest producers of linseed oil in the world?

The countries with the highest volumes of linseed oil production in 2021 were China, Belgium and the Dominican Republic, with a combined 53% share of global production. The United States, Germany, India, Ethiopia, Russia, Kazakhstan, Afghanistan and Poland lagged somewhat behind, together accounting for a further 36%.

What are the leading suppliers of linseed oil to Switzerland?

In value terms, Germany constituted the largest supplier of linseed oil to Switzerland, comprising 38% of total imports. The second position in the ranking was occupied by Kazakhstan, with a 16% share of total imports. It was followed by Romania, with a 14% share.

What are the leading importers of linseed oil from Switzerland?

In value terms, Italy emerged as the key foreign market for linseed oil exports from Switzerland, comprising 85% of total exports. The second position in the ranking was occupied by Germany, with a 9.8% share of total exports.

What is the average export price for linseed oil in Switzerland?

The average linseed oil export price stood at $8,576 per ton in 2021, declining by -19.1% against the previous year.

What is the average import price for linseed oil in Switzerland?

In 2021, the average linseed oil import price amounted to $4,811 per ton, picking up by 19% against the previous year.

This report provides an in-depth analysis of the linseed oil market in Switzerland. 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:

Switzerland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Switzerland
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023