In 2023, France led the global import of linseed oilcake and solid residues, with a slight decline of 4.4% from the previous year. Italy, United States, and United Kingdom saw increases, with the U.K. enjoying a notable 10.48% rise. Conversely, Belgium and Austria experienced significant drops. As importing nations, Denmark and India marked strong growth at over 12%, while Kazakhstan saw an impressive rise of over 8%. Smaller markets like Nicaragua spiked over 43%, although they remain minor contributors in absolute terms.
In 2024 and beyond, watch for shifts in European demand and explore growth in emerging economies as they increase utilization due to varied industrial applications. Sustainability trends could also influence sourcing and importation practices in this sector.
Top countries in Import of Linseed Oilcake and Other Solid Residues Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 52.91 | 2023 | +0.2% | -0.044% | View data |
| 2 | 2 Italy | 12.48 | 2023 | +2.82% | +2.66% | View data |
| 3 | 3 United States | 8.26 | 2023 | +3.53% | +1.76% | View data |
| 4 | 4 Netherlands | 7.65 | 2023 | -1.66% | -2.67% | View data |
| 5 | 5 Poland | 2.39 | 2023 | -2.43% | -2.14% | View data |
| 6 | 6 Canada | 2.31 | 2023 | +1.26% | -0.62% | View data |
| 7 | 7 Germany | 2.27 | 2023 | +0.91% | -1.97% | View data |
| 8 | 8 Belgium | 1.65 | 2023 | -25.44% | -19.7% | View data |
| 9 | 9 United Kingdom | 1.1 | 2023 | -2.76% | +10.48% | View data |
| 10 | 10 Denmark | 0.85 | 2023 | +1.42% | +12.96% | View data |
