What is the price of linseed oil per kilogram/pound in US today?
The retail price range for US linseed oil is between US$ 7.65 and US$ 18.18 per kilogram or between US$ 3.47 and US$ 8.24 per pound(lb). Click here to see today's exact prices of linseed oil in US
The retail price range in Euro for linseed oil is between EUR 7.02 and EUR 16.68 per kilogram or between EUR 3.18 and EUR 7.56 per pound(lb) in Washington and New York.
Wholesale prices
In 2024, the approximate wholesale price range for US linseed oil is between US$ 5.36 and US$ 12.73 per kilogram or between US$ 2.43 and US$ 5.77 per pound(lb).
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US Linseed Oil Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed Oil from the US over the last five years has been quite volatile. In 2017, the price was $1.72, followed by a slight increase to $1.81 in 2018. However, in 2019, the price jumped to $2.87, before dropping to $1.97 in 2020. The price then rose again to $2.50 in 2021 and further to $2.81 in 2022. Looking ahead, we can predict that the export price per kilogram of Linseed Oil from the US will be around $3.00 in 2023 and $3.20 in 2024.The linseed oil exports from US 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)
US Linseed Oil Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed Oil into the US over the last five years has been quite volatile. In 2017, the price was $1.72, followed by a slight increase to $1.81 in 2018. However, in 2019, the price jumped to $2.87, a significant increase of 61.3%. This was followed by a decrease to $1.97 in 2020, and then a further increase to $2.50 in 2021. The most recent data shows that the price has risen again to $2.81 in 2022. Looking ahead, it is likely that the import price per kilogram of Linseed Oil into the US will remain volatile in the coming years. Predictions for 2023 and 2024 suggest that the price could reach $3.00 and $3.20 respectively.Export values for US linseed oil
The total values in export for linseed oil in US were US$ 10,889, US$ 17,311, US$ 9,893 and US$ 6,020 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in US: 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.
US linseed oil - Production, Exports, Imports, Seasons and HS Codes
The amount of linseed oil shipped by US in 2020 was 7,492 metric tonnes. In 2019 US exported 3,298 tonnes of linseed oil. Across 2019 alone, the interest in US linseed oil (processed category) has shrunk, changing by -39.475 pc compared to the year 2018. Between 2017 and 2019, linseed oil's exports went down by -67.21% earning the nation US$6.02m for the year 2019. US' linseed oil exports are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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US linseed oil export values
In 2019, US supplied linseed oil costing 6.02m USD, a drop of -39.15% from 2018's total linseed oil export of 9.893m USD. The yearly change in value of US linseed oil between 2017 to 2018 was -42.851%.
The annual/yearly change in the quantity of US' linseed oil exports between 2017 and 2019 was -67.21 pc when compared to a variation of -39.475% in the growth rate between 2018 and 2019.
US' share of the world's total linseed oil's exports in 2019 was less than 1%. US holds number 18 in world exports of linseed oil.
Export markets for US linseed oil ( in '000$ )
US' best performing export markets for linseed oil are Bosnia and Herzegovina, China, Morocco, Mexico and Canada.
Import/Export Trends
US is a net exporter of linseed oil. The annual growth of US linseed oil in value between 2015 to 2019 was -35%, per year, while annual growth in quantity was -38%, per annum.
US imported 1,662 tonnes of linseed oil in 2019.