Japan - Linseed Oil - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLinseed Oil Price in Japan - 2023
Contents:
- Linseed Oil Price in Japan (CIF) - 2023
- Linseed Oil Price in Japan (FOB) - 2022
- Linseed Oil Imports in Japan
- Linseed Oil Exports in Japan
Linseed Oil Price in Japan (CIF) - 2023
In July 2023, the average linseed oil import price amounted to $2,744 per ton, remaining stable against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 19% m-o-m. As a result, import price reached the peak level of $3,578 per ton. From February 2023 to July 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($5,309 per ton), while the price for Germany ($1,484 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Linseed Oil Price in Japan (FOB) - 2022
The average linseed oil export price stood at $4,557 per ton in 2022, shrinking by -12.8% against the previous year. Overall, the export price saw a mild decrease. The pace of growth appeared the most rapid in 2020 an increase of 17%. Over the period under review, the average export prices attained the peak figure at $5,366 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($17,274 per ton), while the average price for exports to Thailand amounted to $3,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+14.0%), while the prices for the other major destinations experienced a decline.
Linseed Oil Imports in Japan
Linseed oil imports into Japan dropped to 8.8K tons in 2022, waning by -2.6% compared with 2021 figures. In general, imports showed a mild reduction. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year.
In value terms, linseed oil imports skyrocketed to $24M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 56%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Linseed Oil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 6.5 | 5.7 | 9.8 | 11.4 | 20.6% |
| Germany | 3.3 | 1.8 | 3.3 | 8.5 | 37.1% |
| Canada | 2.6 | 1.9 | 2.1 | 1.4 | -18.6% |
| Italy | 0.3 | 0.4 | 0.4 | 0.6 | 26.0% |
| United States | 1.3 | 2.0 | 3.1 | 0.5 | -27.3% |
| Others | 1.8 | 1.1 | 1.4 | 1.2 | -12.6% |
| Total | 15.9 | 12.9 | 20.1 | 23.6 | 14.1% |
Top Suppliers of Linseed Oil to Japan in 2022:
- United States (undefinedK tons)
- Belgium (4.4K tons)
- Germany (3.7K tons)
- Canada (0.3K tons)
- Italy (0.2K tons)
Linseed Oil Exports in Japan
For the fourth consecutive year, Japan recorded growth in shipments abroad of linseed oil, which increased by 7.5% to 23 tons in 2022. The total export volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, linseed oil exports declined to $107K in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports reached the peak of $114K, and then declined in the following year.
| Export of Linseed Oil in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 60.0 | 59.3 | 76.1 | 85.2 | 12.4% |
| China | 2.2 | 16.1 | 18.3 | 18.9 | 104.8% |
| Others | 5.0 | 5.4 | 19.7 | 2.8 | -17.6% |
| Total | 67.2 | 80.8 | 114 | 107 | 16.8% |
Top Export Markets for Linseed Oil from Japan in 2022:
- Thailand (22.3 tons)
- China (1.1 tons)
This report provides an in-depth analysis of the linseed oil market in Japan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 334 - Oil of Linseed
Country coverage:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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