What is the price of linseed oil per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) linseed oil is between US$ 0.98 and US$ 2.93 per kilogram or between US$ 0.44 and US$ 1.33 per pound(lb). Click here to see today's exact prices of linseed oil in United Kingdom (UK)
The retail price range in British pound sterling for linseed oil is between GBP 0.79 and GBP 2.36 per kilogram or between GBP 0.36 and GBP 1.07 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) linseed oil is between US$ 0.68 and US$ 2.05 per kilogram or between US$ 0.31 and US$ 0.93 per pound(lb).
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United Kingdom (UK) Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from the United Kingdom over the last five years has been quite volatile. In 2016, the price was at its highest at US$1.91 per kg, before dropping to US$1.14 in 2017. The price then rose to US$1.59 in 2018, before dropping again to US$1.23 in 2019. In 2020, the price rose to US$1.94 per kg, before dropping to US$1.65 in 2021. Based on this data, it is predicted that the export price of Linseed Oil from the United Kingdom will be US$1.60 in 2023 and US$1.65 in 2024.The United Kingdom (UK) linseed oil exports are categorised as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
United Kingdom (UK) Linseed Oil Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) linseed oil
The total values in export for linseed oil in United Kingdom (UK) were US$ 2,487, US$ 2,075, US$ 2,089 and US$ 1,628 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of linseed oil in other countries across Europe: Georgia linseed oil, Albania linseed oil, Belarus linseed oil, Bosnia and Herzegovina linseed oil, Bulgaria linseed oil, Croatia linseed oil, Czech Republic linseed oil, Estonia linseed oil, Greece linseed oil & Hungary linseed oil.
United Kingdom (UK) linseed oil - Production, Exports, Imports, Seasons and HS Codes
The quantity of linseed oil shipped by United Kingdom (UK) in 2020 was 1,061 tons. In 2019 United Kingdom (UK) sold 1,320 tonnes of linseed oil. Through 2019 alone, the interest in United Kingdom (UK) linseed oil (processed category) has increased, recording a change of 0.22779043 % compared to the year 2018. Between 2017 and 2019, linseed oil's exports reduced by -27.63% earning the exporter US$1.63m for the year 2019. United Kingdom (UK)'s linseed oil exports are classified as:
- Crude linseed oil (HS code 151511)
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
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United Kingdom (UK) linseed oil export values
In 2019, United Kingdom (UK) supplied linseed oil worth 1.63m USD, a decrease of -21.97% from 2018's total linseed oil export of 2.089m USD. The yearly reduction in value of United Kingdom (UK) linseed oil between 2017 to 2018 was 0.6746988 percent.
The annual/yearly change in the amount of United Kingdom (UK)'s linseed oil exports between 2017 and 2019 was -27.63 per cent when compared to a variation of 0.22779043% in the growth rate between 2018 and 2019.
United Kingdom (UK)'s portion of the world's total linseed oil's exports in 2019 was 2.5 percent. United Kingdom (UK) holds number 6 in world exports of linseed oil.
Export markets for United Kingdom (UK) linseed oil ( in '000$ )
United Kingdom (UK)'s best performing destinations for linseed oil are Finland, Ireland, Luxembourg, the Netherlands and Spain.
Import/Export Trends
United Kingdom (UK) is a net exporter of linseed oil. The annual growth of United Kingdom (UK) linseed oil in value between 2015 to 2019 was 245%, per year, while annual growth in quantity during the same period was 336%, per annum.
United Kingdom (UK) procured 4,357 tonnes of linseed oil in 2019.