Asia: Flax Fiber Market 2024

Flax Fiber Market Size in Asia

The Asian flax fiber market soared to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in years to come.

Flax Fiber Production in Asia

In value terms, flax fiber production dropped slightly to $X in 2022 estimated in export price. In general, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

China (X tons) remains the largest flax fiber producing country in Asia, comprising approx. X% of total volume. It was followed by Taiwan (Chinese) (X tons), with a X% share of total production.

From 2012 to 2022, the average annual growth rate of volume in China amounted to X%.

In 2022, the average yield of flax fiber in Asia reduced to X tons per ha, which is down by X% against the year before. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the flax fiber yield remained 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.

The flax fiber harvested area rose slightly to X ha in 2022, with an increase of X% against the year before. Over the period under review, the harvested area, however, saw a deep setback. The growth pace was the most rapid in 2020 with an increase of X%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Flax Fiber Exports

Exports in Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of flax fiber, when their volume decreased by X% to X tons. Overall, exports, however, saw a temperate increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then shrank dramatically in the following year.

In value terms, flax fiber exports declined remarkably to $X in 2022. In general, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then fell rapidly in the following year.

Exports by Country

China (X tons) and India (X tons) represented roughly X% of total exports in 2022. Taiwan (Chinese) (X tons) ranks next in terms of the total exports with a X% share, followed by Japan (X%). Pakistan (X tons) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Japan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Taiwan (Chinese) ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Pakistan and Japan lagged somewhat behind, together comprising a further X%.

Pakistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, shrinking by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Flax Fiber Imports

Imports in Asia

In 2022, the amount of flax fiber imported in Asia expanded slightly to X tons, increasing by X% on the previous year's figure. Total imports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, flax fiber imports soared to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) was the main importer of flax fiber, creating X% of total imports. It was distantly followed by India (X tons), creating an X% share of total imports. Vietnam (X tons) and Turkey (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flax fiber imports into China stood at X%. At the same time, Vietnam (X%), India (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported flax fiber in Asia, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by Turkey, with a X% share.

In China, flax fiber imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :