As of 2023, Belgium dominates the global export of crude linseed oil with a significant share of 55.91% by value. Kazakhstan follows with 18.85%, experiencing a notable 5.33% year-on-year increase. Germany, despite having the third largest share, encountered a 5.07% decrease. Poland showed remarkable growth with a 14.63% rise in exports, contrasting with the Netherlands' 11.73% decline. The United States saw a sharp 22.75% decline, while Greece experienced a substantial increase of 32.17%, albeit from a low base. Overall, Europe's market players have maintained dominant positions, albeit with mixed performance across countries.
Future trends to watch include potential shifts in market dynamics, driven by changes in production capacities, trade policies, and the increasing demand for sustainable and healthy oils globally. Countries like Ukraine and Kazakhstan may continue to expand their market presence, while exporters like the Netherlands and the United States might need to navigate challenges to regain or sustain their positions in the market. Furthermore, monitoring geopolitical developments and their impact on trade routes will be critical for forecasting future market positions.
Top countries in Export of Crude Linseed Oil Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 55.91 | 2023 | +0.82% | +0.78% | View data |
| 2 | 2 Kazakhstan | 18.85 | 2023 | +6.34% | +5.33% | View data |
| 3 | 3 Germany | 6.06 | 2023 | -6.42% | -5.07% | View data |
| 4 | 4 Russia | 5.51 | 2023 | +6.62% | +1.3% | View data |
| 5 | 5 Spain | 4.94 | 2023 | +5.31% | +5.17% | View data |
| 6 | 6 Ukraine | 2.95 | 2023 | +2.61% | +7.49% | View data |
| 7 | 7 Poland | 2.78 | 2023 | +6.51% | +14.63% | View data |
| 8 | 8 Netherlands | 2.68 | 2023 | -12.85% | -11.73% | View data |
| 9 | 9 Canada | 1.54 | 2023 | -5.23% | -7.13% | View data |
| 10 | 10 New Zealand | 1.43 | 2023 | +5.28% | +5.7% | View data |
