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Flaxseed: more accreditations for exports to China

July 30, 2020 1:20 PM, Der AUDITOR
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NUR-SULTAN. China and Kazakhstan are constantly expanding their trade relations. On 30 July it was announced that further Kazakh companies have been licensed to export flaxseed to China.

103 licensed companies

According to current information, a total of 103 Kazakh companies - 78 of which were admitted on the recommendation of the government - will be allowed to export flaxseed from Kazakhstan to China in future. China is thus increasingly breaking away from its trade relations with Canadian flaxseed exporters, while the Kazakh market is no longer dependent on customers in Western Europe.

Russia takes the helm

Between September 2019 and May 2020, Germany imported 124,422 metric tonnes of flaxseed (customs tariff number 12040090 Linseed (excl. for sowing)), around 12% less than in the same period last year. While shipments from Russia showed a significant increase compared to last year, the volume of Kazakh imports declined by almost a third.

Flaxseed imports, Germany, in mt

Country

2018/19

2019/20

Diff.

Russia

35,501

44,296

24.8%

Kazakhstan

47,316

32,724

-30.8%

Poland

9,895

10,911

10.3%

France

22,215

9,608

-56.7%

Belgium

8,936

8,838

-1.1%

Netherlands

3,470

5,254

51.4%

Canada

3,494

3,356

-3.9%

Austria

1,671

2,016

20.6%

India

2,346

2,005

-14.5%

Ukraine

772

890

15.3%

Others

6,024

4,524

-24.9%

Total

141,640

124,422

-12.2%

German Federal Statistical Office / Sep-May

Old and new crop are equalized

The price differences for old and new crop are hardly noticeable and brown flaxseed with a 99.9% purity is available at prices of EUR 560-580 per metric tonne DDP Germany. Shipments of the 2020 crop should be possible by the end of September.

Flaxseed, brown

Quality

EUR/kg

Eastern Europe, 99.9%, 2019 crop, DDP DE

0.565

Eastern Europe, 99.9%, 2020 crop, DDP DE

0.575

Canada, 97%, EXW Manitoba, 2019 crop

0.345

Trade sources

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price chart, flaxseed, brown, 99.9% purity, Eastern Europe
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price chart flaxseed, brown, Eastern Europe

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