Linseed Market in the United States
In value terms, linseed production amounted to $ in . Over the period under review, production, however, recorded measured growth. The pace of growth appeared the most rapid in 2014 when the production volume increased by %. Over the period under review, production reached the peak level at $ in 2015; however, from 2016 to , production stood at a somewhat lower figure.
The average yield of linseed in the United States stood at tons per ha in , approximately reflecting figures. In general, the yield continues to indicate slight growth. The most prominent rate of growth was recorded in 2018 with an increase of % against the previous year. Over the period under review, the average linseed yield reached the maximum level at tons per ha in 2011; however, from 2012 to , the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In , the total area harvested in terms of linseed production in the United States fell slightly to ha, approximately equating the previous year's figure. In general, the harvested area showed a mild contraction. The pace of growth was the most pronounced in 2012 with an increase of %. Over the period under review, the harvested area dedicated to linseed production reached the peak figure at ha in 2015; however, from 2016 to , the harvested area failed to regain momentum.
The value of the linseed market in the United States surged to $ in , jumping by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted a slight increase. Over the period under review, the market hit record highs at $ in 2015; however, from 2016 to , consumption failed to regain momentum.