Austria: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Austria

In 2021, the Austrian flax, tow and waste market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Overall, consumption, however, showed a sharp descent. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Flax, Tow And Waste in Austria

In value terms, flax, tow and waste production surged to $X in 2021 estimated in export price. Overall, production, however, faced a abrupt shrinkage. Flax, tow and waste production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of flax, tow and waste in Austria was estimated at less than X kg per ha, standing approx. at 2020. In general, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the flax, tow and waste harvested area in Austria amounted to less than X ha, stabilizing at 2020 figures. In general, the harvested area saw a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Austria

In 2021, overseas shipments of flax, tow and waste decreased by X% to less than X kg, falling for the second consecutive year after three years of growth. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, flax, tow and waste exports amounted to less than $X in 2021. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Switzerland (X tons) and Germany (X tons) were the main destinations of flax, tow and waste exports from Austria.

From 2012 to 2019, the biggest increases were in Germany (with a CAGR of +X value terms, Germany ($X) remains the key foreign market for flax, tow and waste exports from Austria, comprising X% of total exports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total exports.

From 2012 to 2019, the average annual growth rate of value to Germany totaled +X%.

Export Prices by Country

The average flax, tow and waste export price stood at $X per ton in 2019, picking up by X% against the previous year. In general, export price indicated a buoyant expansion from 2012 to 2019: its price increased at an average annual rate of +X% over the last seven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, flax, tow and waste export price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2019 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Germany ($X per ton), while the average price for exports to Switzerland stood at $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%).

Imports of Flax, Tow And Waste

Imports into Austria

After two years of decline, overseas purchases of flax, tow and waste increased by X% to X kg in 2021. Over the period under review, imports, however, faced a sharp descent. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, flax, tow and waste imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X kg), Sweden (X kg) and Germany (X kg) were the main suppliers of flax, tow and waste imports to Austria.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, Sweden ($X), Portugal ($X) and Germany ($X) were the largest flax, tow and waste suppliers to Austria.

In terms of the main suppliers, Sweden, with a CAGR of +X%, saw the highest rates of growth with regard to 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

The average flax, tow and waste import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the import price posted a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :