Forecast: Import of Linseed to China

The import of linseed to China is forecasted to grow steadily from 2024 to 2028, starting at 520.47 million kilograms and reaching 600.23 million kilograms by 2028. This represents a consistent rise, indicating increased demand or utilization of linseed. Considering the actual import data for 2023 stood at 500 million kilograms, the year-on-year growth rate begins around 4% and gradually slows down to approximately 3.5% over this period. The compound annual growth rate (CAGR) for 2024-2028 is approximately 3.6%.

Future trends to watch for:

  • Potential changes in dietary trends or industrial uses influencing demand.
  • Impact of trade policies and agricultural output from major supplying countries.
  • Technological advancements affecting the processing and utilization of linseed.

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