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Report Asia - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Asia - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Asia: Flax Fabric Market 2024

Flax Fabric Market Size in Asia

In 2022, the Asian flax fabric market decreased by -68.4% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed a significant increase. The level of consumption peaked at $X in 2021, and then fell significantly in the following year.

Flax Fabric Production in Asia

In value terms, flax fabric production skyrocketed to $X in 2022 estimated in export price. In general, production posted significant growth. The pace of growth was the most pronounced in 2020 when the production volume increased by 201,349%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Flax Fabric Exports

Exports by Country

China prevails in exports structure, resulting at X tons, which was near 76% of total exports in 2022. Turkey (X tons) held a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by India (8.5%). The following exporters - Hong Kong SAR (X tons) and South Korea (X tons) - each resulted at a 3.5% share of total exports.

Exports from China increased at an average annual rate of +5.9% from 2015 to 2022. At the same time, Turkey (+123.0%), India (+110.0%), South Korea (+37.5%) and Hong Kong SAR (+28.0%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +123.0% from 2015-2022. While the share of China (+75 p.p.), Turkey (+8.8 p.p.) and India (+7.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest flax fabric supplier in Asia, comprising 89% of total exports. The second position in the ranking was taken by India ($X), with a 4.5% share of total exports. It was followed by Turkey, with a 3.9% share.

In China, flax fabric exports increased at an average annual rate of +12.5% over the period from 2015-2022. In the other countries, the average annual rates were as follows: India (+0.3% per year) and Turkey (+18.7% per year).

Export Prices by Country

The export price in Asia stood at $X per kg in 2022, surging by 17% against the previous year. Over the period under review, the export price, however, saw a sharp reduction. The pace of growth appeared the most rapid in 2017 when the export price increased by 24% against the previous year. The level of export peaked at $X per kg in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per kg), while South Korea ($X per kg) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.3%), while the other leaders experienced a decline in the export price figures.

Flax Fabric Imports

Imports in Asia

In 2022, overseas purchases of woven fabrics of flax decreased by -3.7% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 163,407% against the previous year. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, flax fabric imports shrank to $X in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 109% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the six major importers of woven fabrics of flax, namely Vietnam, Turkey, Afghanistan, Indonesia, India and Sri Lanka, represented more than two-thirds of total import. It was distantly followed by China (X tons), constituting a 4.5% share of total imports. The following importers - Japan (X tons), South Korea (X tons), Myanmar (X tons), Hong Kong SAR (X tons), Bangladesh (X tons) and Thailand (X tons) - together made up 15% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Afghanistan (with a CAGR of +8,492.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), Indonesia ($X) and Vietnam ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for 49% of total imports. Turkey, India, China, Sri Lanka, South Korea, Japan, Hong Kong SAR, Thailand, Bangladesh and Myanmar lagged somewhat behind, together comprising a further 47%.

Among the main importing countries, Myanmar, with a CAGR of +32.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per kg, dropping by -4.5% against the previous year. Over the period under review, the import price recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 171% against the previous year. Over the period under review, import prices attained the peak figure at $X per kg in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per kg), while Myanmar ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+38.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, Afghanistan and Bangladesh, together comprising 57% of total consumption.
The country with the largest volume of flax fabric production was China, comprising approx. 70% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Pakistan, with a 5.4% share.
In value terms, China remains the largest flax fabric supplier in Asia, comprising 81% of total exports. The second position in the ranking was occupied by India, with a 6.5% share of total exports. It was followed by Turkey, with a 6.3% share.
In value terms, Afghanistan, Bangladesh and Vietnam were the countries with the highest levels of imports in 2021, together accounting for 68% of total imports.
The export price in Asia stood at $14,055 per ton in 2021, with an increase of 2.2% against the previous year.
In 2021, the import price in Asia amounted to $15,971 per ton, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the flax fabric market in Asia. 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
  • Production in Asia, split by region and country
  • Trade (exports and imports) in Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Armenia
    • Azerbaijan
    • Bahrain
    • Bangladesh
    • Bhutan
    • Brunei Darussalam
    • Cambodia
    • China
    • Hong Kong SAR
    • Macao SAR
    • Cyprus
    • Georgia
    • India
    • Indonesia
    • Iran
    • Iraq
    • Israel
    • Japan
    • Jordan
    • Kazakhstan
    • Kuwait
    • Kyrgyzstan
    • Lebanon
    • Malaysia
    • Maldives
    • Mongolia
    • Myanmar
    • Nepal
    • Oman
    • Pakistan
    • Palestine
    • Philippines
    • Qatar
    • Saudi Arabia
    • Singapore
    • South Korea
    • Sri Lanka
    • Syrian Arab Republic
    • Taiwan (Chinese)
    • Tajikistan
    • Thailand
    • Timor-Leste
    • Turkey
    • Turkmenistan
    • United Arab Emirates
    • Uzbekistan
    • Vietnam
    • Yemen
    • Lao People's Democratic Republic
    • Democratic People's Republic of Korea

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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