What is the price of linseed oil per kilogram/pound in Canada today?
The retail price range for Canada linseed oil is between US$ 6.78 and US$ 9.68 per kilogram or between US$ 3.07 and US$ 4.39 per pound(lb). Click here to see today's exact prices of linseed oil in Canada
The retail price range in Canadian Dollar for linseed oil is between CAD 9.15 and CAD 13.07 per kilogram or between CAD 4.15 and CAD 5.93 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada linseed oil is between US$ 4.74 and US$ 6.78 per kilogram or between US$ 2.15 and US$ 3.07 per pound(lb).
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Canada Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from Canada over the last five years has been quite varied. In 2017, the price was 3.63 US $ per kg, followed by a sharp increase to 4.28 US $ per kg in 2018. The price then dropped to 0.96 US $ per kg in 2020, before rising again to 3.62 US $ per kg in 2021 and 4.58 US $ per kg in 2022. Based on this data, it is likely that the export price of Linseed Oil from Canada will remain around the 4.00 US $ per kg mark in 2023 and 2024.The exports of linseed oil from Canada are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
Canada Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into Canada over the last five years has been relatively stable. In 2017, the price was at its lowest point of $3.63, before increasing to $4.28 in 2018. In 2019, the price rose to $4.47, before dropping to $0.96 in 2020. The price then increased again to $3.62 in 2021, before reaching its highest point of $4.58 in 2022. Looking ahead, it is likely that the import price per kilogram of Linseed Oil into Canada will remain relatively stable in the next two years. We predict that the price will be $4.58 in 2023 and $4.58 in 2024.Export values for Canada linseed oil
The total values in export for linseed oil in Canada were US$ 9,519, US$ 7,788, US$ 8,509 and US$ 8,504 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Canada: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across North America: Canada linseed oil, US linseed oil, Anguilla linseed oil, Antigua and Barbuda linseed oil, Bermuda linseed oil, Bonaire, Sint Eustatius and Saba linseed oil, St.Pierre and Miquelon linseed oil, United States Minor Outlying Islands linseed oil, Cayman Islands linseed oil & Greenland linseed oil.
Canada linseed oil - Production, Exports, Imports, Seasons and HS Codes
The amount of linseed oil shipped by Canada in 2020 was 26,741 tonnes. In 2019 Canada exported 1,904 tonnes of linseed oil. For the year 2019 alone, the demand for Canada linseed oil (processed category) has decreased, changing by -4.225 percent compared to the year 2018. Between 2017 and 2019, linseed oil's exports decreased by -11.32% netting the nation US$8.50m for the year 2019. Canada's linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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Canada linseed oil export values
In 2019, Canada supplied linseed oil with a value of 8.50m USD, a contraction of -0.11% from 2018's total linseed oil export of 8.509m USD. The annual change in value of Canada linseed oil between 2017 to 2018 was 9.258 percent.
The annual/yearly variation in the quantity of Canada's linseed oil exports between 2017 and 2019 was -11.32 percent in comparison to a variation of -4.225% in the period between 2018 and 2019.
Canada's stake of the world's total linseed oil's exports in 2019 was less than 1%. The country holds number 45 in world exports of linseed oil.
Export markets for Canada linseed oil ( in '000$ )
Canada's leading destinations for linseed oil are El Salvador, Switzerland, US, Japan and Hong Kong.
Import/Export Trends
Canada is a net importer of linseed oil. The annual growth of Canada linseed oil in value between 2015 to 2019 was 104%, per year, while annual growth in quantity through the same period was 39%, per annum.
Canada bought 572 tonnes of linseed oil in 2019.