In 2024, Russia leads the global export of linseed with a 22.8% share, followed by Canada at 21.51%, and Kazakhstan at 19.6%. Belgium and Poland contribute 10.27% and 7.37% respectively. Russia shows a growth momentum with a 5.6% year-on-year increase from 2023, while Canada's share slightly declined by 5.61%. Notably, Estonia experienced significant expansion with an 88.15% increase in its export share. Over the last five years, Russia, Kazakhstan, and Poland have shown a positive compound annual growth trend, indicating sustained competitiveness in the global linseed market.
Looking forward, factors to watch include geopolitical stability affecting Russia, innovation in agricultural practices in Canada, and Kazakhstan’s potential investment in export infrastructure. Global demand shifts and potential changes in tariffs or trade agreements will also influence future market dynamics.
Top countries in Export of Linseed Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 22.8 | 2023 | +2.99% | +5.6% | View data |
| 2 | 2 Canada | 21.51 | 2023 | -3.54% | -5.61% | View data |
| 3 | 3 Kazakhstan | 19.6 | 2023 | +4.02% | +3.35% | View data |
| 4 | 4 Belgium | 10.27 | 2023 | -0.14% | +0.54% | View data |
| 5 | 5 Poland | 7.37 | 2023 | +6.1% | +5.84% | View data |
| 6 | 6 Netherlands | 2.84 | 2023 | +0.91% | +1.37% | View data |
| 7 | 7 Germany | 1.94 | 2023 | +1.68% | +2.34% | View data |
| 8 | 8 United Kingdom | 1.82 | 2023 | -2.25% | -2.31% | View data |
| 9 | 9 India | 1.39 | 2023 | +2.98% | +2.63% | View data |
| 10 | 10 Ukraine | 1.12 | 2023 | -0.54% | +10.2% | View data |
