What is the price of linseed (flax) per kilogram/pound in Australia today?
The retail price range for Australia linseed (flax) is between US$ 3.18 and US$ 11.56 per kilogram or between US$ 1.44 and US$ 5.24 per pound(lb). Click here to see today's exact prices of linseed (flax) in Australia
The retail price range in Australian Dollar for linseed (flax) is between AUD 4.78 and AUD 17.39 per kilogram or between AUD 2.17 and AUD 7.89 per pound(lb) in Canberra and Melbourne.
Wholesale prices
In 2024, the approximate wholesale price range for Australia linseed (flax) is between US$ 2.22 and US$ 8.09 per kilogram or between US$ 1.01 and US$ 3.67 per pound(lb).
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Australia Linseed (flax) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed (Flax) from Australia over the last five years has been quite varied. In 2017, the price was 2.04 US dollars per kg, followed by a significant increase to 2.68 US dollars per kg in 2018. However, the price dropped to 1.1 US dollars per kg in 2019 before rising again to 2.68 US dollars per kg in 2020. The price then decreased to 2.39 US dollars per kg in 2021 and further to 1.38 US dollars per kg in 2022. Based on the current trend, it is predicted that the export price per kilogram of Linseed (Flax) from Australia will be 1.17 US dollars per kg in 2023 and 1.05 US dollars per kg in 2024.The Australia linseed (flax) exports are categorised as:
- Linseed, whether or not broken (HS code 120400)
Australia Linseed (flax) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed (Flax) into Australia over the last five years has been quite volatile. In 2012, the price was $2.00, which dropped to $1.84 in 2013. This was followed by a further decrease to $1.62 in 2014. However, the price rose to $2.00 in 2015 and 2016, before increasing to $2.04 in 2017. The price then jumped to $2.68 in 2018, before dropping to $1.10 in 2019. This was followed by a sharp increase to $2.68 in 2020, and then a slight decrease to $2.39 in 2021. The most recent data shows that the price has dropped to $1.38 in 2022. Based on the data, it is likely that the import price per kilogram of Linseed (Flax) into Australia will remain relatively stable in 2023 and 2024, with prices likely to remain around the $1.38 mark.Export values for Australia linseed (flax)
The total values in export for linseed (flax) in Australia were US$ 24, US$ 47, US$ 99 and US$ 131 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Australia: Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of linseed (flax) in other countries across Oceania: Fiji linseed (flax), French Polynesia linseed (flax), Guam linseed (flax), Micronesia linseed (flax), New Caledonia linseed (flax), Papua New Guinea linseed (flax), Samoa linseed (flax), Solomon Islands linseed (flax), Tonga linseed (flax) & Vanuatu linseed (flax).
Australia linseed (flax) - Production, Exports, Imports, Seasons and HS Codes
The quantity of linseed (flax) sold by Australia in 2020 was 38 metric tonnes. In 2019 Australia sold 119 tonnes of linseed (flax). For 2019 alone, the demand for Australia linseed (flax) (oil seeds category) has climbed, changing by 221.622 pc compared to the year 2018. Between 2017 and 2019, linseed (flax)'s exports grew by 417.39 percent netting the exporter US$0.13m for the year 2019. Australia's linseed (flax) exports are categorised as:
- Linseed, whether or not broken (HS code 120400)
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Australia linseed (flax) export values
In 2019, Australia sold linseed (flax) with a value of 0.13m USD, an increment of 31.31% from 2018's total linseed (flax) export of 0.099m USD. The annual growth in value of Australia linseed (flax) between 2017 to 2018 was 110.638 percent.
The per year variation in the volume of Australia's linseed (flax) exports between 2017 and 2019 was 417.39 percent in comparison to a variation of 221.622% in the period between 2018 and 2019.
Australia's stake of the world's total linseed (flax)'s exports in 2019 was 12.7%. Australia is ranked number 2 in world exports of linseed (flax).
Export markets for Australia linseed (flax) ( in '000$ )
Australia's top destinations for linseed (flax) are United Kingdom (UK), New Zealand, the Philippines, South Africa and New Caledonia.
Import/Export Trends
Australia is a net exporter of linseed (flax). The annual growth of Australia linseed (flax) in value between 2015 to 2019 was 20%, per year, while annual growth in quantity for the same period was 13%, per annum.
Australia brought in 3,545 tonnes of linseed (flax) in 2019.
Production
The production of linseed (flax) in Australia was 6,000 tonnes in 2019 and is estimated to change by an average of 0%. The country had approximately 7,000.00 hectares under linseed (flax) cultivation.