What is the price of linseed (flax) per kilogram/pound in US today?
The retail price range for US linseed (flax) is between US$ 0.99 and US$ 1.97 per kilogram or between US$ 0.45 and US$ 0.89 per pound(lb). Click here to see today's exact prices of linseed (flax) in US
The retail price range in Euro for linseed (flax) is between EUR 0.91 and EUR 1.81 per kilogram or between EUR 0.41 and EUR 0.82 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US linseed (flax) is between US$ 0.69 and US$ 1.38 per kilogram or between US$ 0.31 and US$ 0.63 per pound(lb).
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US Linseed (flax) Export Prices - Historical, Trends and Prediction
In 2021 the export price of Linseed (Flax) was US$ 1.68 per Kg. The export prices for the last five years were US$ 0.64, US$ 0.60, US$ 0.92, US$ 1.11 and US$ 1.06 per Kg respectively. For the year 2022, the export price is expected to be US$ 0.73 per Kg and for the year 2023, the export price is expected to be US$ 1.68 per Kg.The linseed (flax) exports from US are categorised as:
- Linseed, whether or not broken (HS code 120400)
US Linseed (flax) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed (Flax) into the US over the last five years has been quite volatile. In 2017, the price was 0.70 US$ per kg, which increased to 1.13 US$ per kg in 2018. However, the price dropped to 0.73 US$ per kg in 2019 and further to 0.58 US$ per kg in 2020. The price then increased to 0.91 US$ per kg in 2021 and further to 1.68 US$ per kg in 2022. Based on this trend, it is predicted that the import price per kilogram of Linseed (Flax) into the US in 2023 will be around 1.25 US$ per kg and in 2024 it will be around 1.81 US$ per kg.Export values for US linseed (flax)
The total values in export for linseed (flax) in US were US$ 24,576, US$ 15,785, US$ 8,696 and US$ 10,813 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 US: 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 North America: Canada linseed (flax), US linseed (flax), Anguilla linseed (flax), Antigua and Barbuda linseed (flax), Bermuda linseed (flax), Bonaire, Sint Eustatius and Saba linseed (flax), St.Pierre and Miquelon linseed (flax), United States Minor Outlying Islands linseed (flax), Cayman Islands linseed (flax) & Greenland linseed (flax).
US linseed (flax) - Production, Exports, Imports, Seasons and HS Codes
The volume of linseed (flax) exported by US in 2020 was 31,076 tonnes. In 2019 US sold 14,420 tonnes of linseed (flax). Across 2019 alone, the interest in US linseed (flax) (oil seeds category) has climbed, flactuating by 88.251 percent compared to the year 2018. Between 2017 and 2019, linseed (flax)'s exports reduced by -35.98 percent bringing the exporter US$10.81m for the year 2019. US' linseed (flax) exports are categorised as:
- Linseed, whether or not broken (HS code 120400)
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US linseed (flax) export values
In 2019, US supplied linseed (flax) with a value of 10.81m USD, an increment of 24.31% from 2018's total linseed (flax) export of 8.696m USD. The annual growth in value of US linseed (flax) between 2017 to 2018 was -44.91 pc.
The per year change in the quantity of US' linseed (flax) exports between 2017 and 2019 was -35.98 percent in comparison to a variation of 88.251% in the period between 2018 and 2019.
US' share of the world's total linseed (flax)'s exports in 2019 was 2.8 pc. The country is ranked position 5 in world exports of linseed (flax).
Export markets for US linseed (flax) ( in '000$ )
US' best performing export markets for linseed (flax) are Canada, Colombia, the Netherlands, South Africa and Guatemala.
Import/Export Trends
US is a net importer of linseed (flax). The annual growth of US linseed (flax) in value between 2015 to 2019 was 11%, per year, while annual growth in quantity through the same period was 7%, per annum.
US brought in 127,804 tonnes of linseed (flax) in 2019.
Production
The production of linseed (flax) in US was 162,440 tonnes in 2019 and is estimated to change by an average of 43.19%. The country had an estimated 129,100.00 hectares under linseed (flax) cultivation.