China - Woven Fabrics Of Flax - Market Analysis, Forecast, Size, Trends and Insights
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View PricingChina's Flax Fabric Exports Surge to $1.2 Billion in 2024
China Flax Fabric Exports
In 2024, approx. 106M square meters of woven fabrics of flax were exported from China; increasing by 12% compared with the year before. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 132%. The exports peaked in 2024 and are expected to retain growth in years to come.
In value terms, flax fabric exports skyrocketed to $1.5B (IndexBox estimates) in 2024. Over the period under review, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 57% against the previous year. Over the period under review, the exports hit record highs in 2024 and are likely to see gradual growth in years to come.
| COUNTRY | Export Value of Flax Fabric in China (million USD) | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Bangladesh | 99.1 | 129 | 125 | 132 | 196 | 223 | 165 | 280 | 373 | 381 |
| Vietnam | 49.2 | 62.3 | 54.5 | 53.4 | 77.3 | 88.7 | 71.2 | 107 | 126 | 151 |
| Cambodia | 11.5 | 19.3 | 20.8 | 17.0 | 29.2 | 40.6 | 26.9 | 47.3 | 63.7 | 101 |
| Indonesia | 28.4 | 26.8 | 26.2 | 30.3 | 41.4 | 54.3 | 39.8 | 67.5 | 84.6 | 99.7 |
| Greece | 0.3 | 0.4 | 2.1 | 8.2 | 13.3 | 32.6 | 18.4 | 32.2 | 23.6 | 70.4 |
| Spain | 2.9 | 4.1 | 4.2 | 6.7 | 14.8 | 22.4 | 14.7 | 26.0 | 50.3 | 52.8 |
| India | 22.8 | 24.7 | 18.2 | 17.7 | 21.0 | 32.4 | 21.2 | 22.9 | 37.1 | 42.6 |
| Myanmar | 8.6 | 15.0 | 12.3 | 12.7 | 27.6 | 32.6 | 30.8 | 29.3 | 45.6 | 36.3 |
| Italy | 17.3 | 16.5 | 17.1 | 19.8 | 27.6 | 34.6 | 16.2 | 26.4 | 35.4 | 30.2 |
| Others | 223 | 214 | 199 | 216 | 284 | 243 | 173 | 271 | 329 | 258 |
| Total | 463 | 512 | 479 | 513 | 732 | 805 | 578 | 910 | 1,169 | 1,222 |
Exports by Country
Bangladesh (32M square meters), Vietnam (17M square meters) and Indonesia (11M square meters) were the main destinations of flax fabric exports from China, together comprising 63% of total exports. Cambodia, Myanmar, India, Spain, Italy and Greece lagged somewhat behind, together accounting for a further 21%.
From 2014 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +57.5%), while the other leaders experienced more modest paces of growth.
In value terms, Bangladesh ($381M) remains the key foreign market for woven fabrics of flax exports from China, comprising 31% of total exports. The second position in the ranking was taken by Vietnam ($151M), with a 12% share of total exports. It was followed by Cambodia, with an 8.3% share.
From 2014 to 2023, the average annual growth rate of value to Bangladesh stood at +16.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+13.3% per year) and Cambodia (+27.3% per year).
Exports by Type
Fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached (81M square meters) was the largest type of woven fabrics of flax exported from China, accounting for a 77% share of total exports. Moreover, fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached exceeded the volume of the second product type, fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached (21M square meters), fourfold. Fabrics, woven; of flax, containing less than 85% flax, unbleached or bleached (2.3M square meters) ranked third in terms of total exports with a 2.2% share.
From 2014 to 2024, the average annual growth rate of the volume of fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached exports stood at +31.2%. With regard to the other exported products, the following average annual rates of growth were recorded: fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached (+17.8% per year) and fabrics, woven; of flax, containing less than 85% flax, unbleached or bleached (+1.2% per year).
In value terms, fabrics, woven; of flax, containing less than 85% flax, other than unbleached or bleached ($684M), fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached ($537M) and fabrics, woven; of flax, containing 85% or more flax, unbleached or bleached ($203M) were the most exported types of woven fabrics of flax from China worldwide, together comprising 93% of total exports.
Fabrics, woven; of flax, containing 85% or more flax, other than bleached or unbleached, with a CAGR of +14.5%, saw the highest rates of growth with regard to the value of exports, in terms of the main product categories over the period under review, while shipments for the other products experienced more modest paces of growth.
Export Prices by Country
In 2024, the flax fabric price amounted to $13 per square meter (FOB, China), waning by -3.3% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2021 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices reached the peak figure at $26 per square meter in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($23 per square meter), while the average price for exports to Vietnam ($9 per square meter) was amongst the lowest.
From 2014 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the flax fabric market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
- Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
