France: Linseed Market 2024

Linseed Market Size in France

The French linseed market rose modestly to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Linseed Production in France

In value terms, linseed production expanded markedly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. Linseed production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of linseed in France declined modestly to X tons per ha in 2022, which is down by X% against the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the yield increased by X% against the previous year. Over the period under review, the average linseed yield attained the peak level at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of linseed were harvested in France; waning by X% compared with 2021. In general, the harvested area, however, saw strong growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The linseed harvested area peaked at X ha in 2021, and then contracted in the following year.

Linseed Exports

Exports from France

In 2022, approx. X tons of linseed were exported from France; with an increase of X% against 2021 figures. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, linseed exports surged to $X in 2022. In general, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for linseed exports from France, accounting for a X% share of total exports. Moreover, linseed exports to Belgium exceeded the volume sent to the second major destination, Austria (X tons), fivefold. The third position in this ranking was taken by the Netherlands (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and the Netherlands (X% per year).

In value terms, Belgium ($X) remains the key foreign market for linseed exports from France, comprising X% of total exports. The second position in the ranking was held by Austria ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Germany (X% per year).

Export Prices by Country

The average linseed export price stood at $X per ton in 2022, with an increase of X% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, linseed export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Linseed Imports

Imports into France

Linseed imports into France rose modestly to X tons in 2022, increasing by X% compared with 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, linseed imports stood at $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

The UK (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of linseed imports to France, together accounting for X% of total imports. Canada, Germany, Poland and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Canada (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Belgium ($X) and the Netherlands ($X) were the largest linseed suppliers to France, together comprising X% of total imports. Poland, Canada, Germany and Russia lagged somewhat behind, together comprising a further X%.

Canada, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average linseed import price amounted to $X per ton, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :