The global trade of crude linseed oil in 2023 is dominated by Belgium, accounting for the highest export value of $64.297 million, followed by Kazakhstan and Germany. Notably, Poland has shown strong growth with a 14.63% increase, indicating expanding market presence. Other key players like the Netherlands and Canada experienced declines of -11.73% and -7.13% respectively. Despite fluctuations, emerging markets such as Greece and Australia registered significant growth, with Greece showing a 32.17% increase. In total, the market has shown varied dynamics over the past years.
Looking forward, trends to watch include increased demand from emerging markets and potential shifts due to changing agricultural practices or environmental policies. Growth in countries like Kazakhstan and Ukraine could continue, driven by strategic investments and infrastructure improvements in their agricultural sectors. Additionally, sustainability and innovations in oil processing could influence global trade patterns.
Top countries in Export of Crude Linseed Oil by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 64,297,000 | 2023 | +0.82% | +0.78% | View data |
| 2 | 2 Kazakhstan | 21,678,000 | 2023 | +6.34% | +5.33% | View data |
| 3 | 3 Germany | 6,971,100 | 2023 | -6.42% | -5.07% | View data |
| 4 | 4 Russia | 6,339,500 | 2023 | +6.62% | +1.3% | View data |
| 5 | 5 Spain | 5,686,600 | 2023 | +5.31% | +5.17% | View data |
| 6 | 6 Ukraine | 3,390,800 | 2023 | +2.61% | +7.49% | View data |
| 7 | 7 Poland | 3,193,100 | 2023 | +6.51% | +14.63% | View data |
| 8 | 8 Netherlands | 3,087,000 | 2023 | -12.85% | -11.73% | View data |
| 9 | 9 Canada | 1,772,100 | 2023 | -5.23% | -7.13% | View data |
| 10 | 10 New Zealand | 1,640,500 | 2023 | +5.28% | +5.7% | View data |
