What is the price of linseed oil per kilogram/pound in China today?
The retail price range for China linseed oil is between US$ 4.10 and US$ 5.25 per kilogram or between US$ 1.86 and US$ 2.38 per pound(lb). Click here to see today's exact prices of linseed oil in China
The retail price range in Yuan Renminbi for linseed oil is between CNY 28.79 and CNY 36.82 per kilogram or between CNY 13.05 and CNY 16.70 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China linseed oil is between US$ 2.87 and US$ 3.68 per kilogram or between US$ 1.30 and US$ 1.67 per pound(lb).
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China Linseed Oil Export Prices - Historical, Trends and Prediction
The export price of Linseed Oil from China has seen a steady decline over the last five years. In 2017, the price per kilogram was 3.33 US dollars, which dropped to 3.09 US dollars in 2018 and further to 2.69 US dollars in 2019. In 2020, the price per kilogram increased slightly to 2.93 US dollars, before dropping again to the same price in 2021. The latest data shows that the export price per kilogram of Linseed Oil from China is 3.86 US dollars in 2022. Based on the current trend, it is predicted that the export price per kilogram of Linseed Oil from China will be 3.71 US dollars in 2023 and 3.56 US dollars in 2024.The exports of linseed oil from China are categorised 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)
China Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into China over the last five years has seen a general downward trend. In 2017, the price was 3.33 US dollars per kg, which dropped to 3.09 US dollars per kg in 2018. This downward trend continued in 2019, with the price dropping to 2.69 US dollars per kg. In 2020, the price rose slightly to 2.93 US dollars per kg, before dropping again to the same level in 2021. The most recent data shows that the price has risen to 3.86 US dollars per kg in 2022. Based on this data, it is likely that the import price per kilogram of Linseed Oil into China will remain relatively stable in 2023, with a predicted price of around 3.86 US dollars per kg. In 2024, the price is likely to increase slightly, with a predicted price of around 4.00 US dollars per kg.Export values for China linseed oil
The total values in export for linseed oil in China were US$ 5,245, US$ 6,138, US$ 4,507 and US$ 3,083 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Asia: Kazakhstan linseed oil, Kyrgyzstan linseed oil, Tajikistan linseed oil, Turkmenistan linseed oil, Uzbekistan linseed oil, China linseed oil, Hong Kong linseed oil, Macao linseed oil, North Korea linseed oil & Mongolia linseed oil.
China linseed oil - Production, Exports, Imports, Seasons and HS Codes
In 2019 China shipped 1,145 tonnes of linseed oil. In 2019 alone, the interest in China linseed oil (processed category) has decreased, with a change of -21.575 percent compared to the year 2018. Between 2017 and 2019, linseed oil's exports went down by -37.81 pc earning China US$3.08m for the year 2019. China's linseed oil exports are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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China linseed oil export values
In 2019, China supplied linseed oil with a value of 3.08m USD, a reduction of -31.66% from 2018's total linseed oil export of 4.507m USD. The yearly reduction in value of China linseed oil between 2017 to 2018 was -26.572 per cent.
The annual/yearly change in the volume of China's linseed oil exports between 2017 and 2019 was -37.81% in comparison to a variation of -21.575% in the period between 2018 and 2019.
China's portion of the world's total linseed oil's exports in 2019 was less than 1%. China holds number 44 in world exports of linseed oil.
Export markets for China linseed oil ( in '000$ )
China's leading destinations for linseed oil are Spain, Germany, Belgium, Portugal and Singapore.
Import/Export Trends
China is a net importer of linseed oil. The annual growth of China linseed oil in value between 2015 to 2019 was -20%, per year, while annual growth in quantity was 29%, per annum.
China ordered 54,900 tonnes of linseed oil in 2019.