The quantity of linseed oil sold by Italy in 2020 was 1,252 tons. In 2019 Italy sold 1,380 tonnes of linseed oil. In 2019 alone, the interest in Italy linseed oil (processed category) has reduced, recording a change of -12.27 per cent compared to the year 2018. Between 2017 and 2019, linseed oil's exports reduced by -10.91 pc earning the exporter US$2.92m for the year 2019. Italy's linseed oil exports are classified as:
- Linseed oil and fractions thereof, whether or not refined, but not chemically modified (excluding crude) (HS code 151519)
- Crude linseed oil (HS code 151511)
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Italia olio di lino export values
In 2019, Italy sold linseed oil worth 2.92m USD, a decrease of -21.12% from 2018's total linseed oil export of 3.702m USD. The annual reduction in value of Italy linseed oil between 2017 to 2018 was -4.341 percent.
The annual change in the amount of Italy's linseed oil exports between 2017 and 2019 was -10.91% when compared to a variation of -12.27% in the growth rate between 2018 and 2019.
Italy's share of the world's total linseed oil's exports in 2019 was less than 1%. The country holds number 51 in world exports of linseed oil.
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Export markets for Italia olio di lino ( in '000$ )
Italy's top destinations for linseed oil are Austria, Ghana, Germany, Sweden and Morocco.
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Import/Export Trends
Italy is a net importer of linseed oil. The annual growth of Italy linseed oil in value between 2015 to 2019 was -41%, per year, while annual growth in quantity for the same period was -35%, per annum.
Italy brought in 4,851 tonnes of linseed oil in 2019.
