Belarus: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Belarus

In 2021, after six years of growth, there was significant decline in the Belarusian flax, raw or retted market, when its value decreased by -X% to $X. Overall, consumption saw a deep contraction. Over the period under review, the market hit record highs at $X in 2020, and then shrank remarkably in the following year.

Production of Flax, Raw Or Retted in Belarus

In value terms, flax, raw or retted production fell significantly to $X in 2021 estimated in export price. In general, production enjoyed modest growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X, and then reduced remarkably in the following year.

The average yield of flax, raw or retted in Belarus was estimated at less than X kg per ha in 2021, almost unchanged from the previous year's figure. In general, the yield recorded 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.

The flax, raw or retted harvested area in Belarus stood at less than X ha in 2021, remaining stable against the year before. In general, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Belarus

In 2021, shipments abroad of flax, raw or retted increased by X% to X tons, rising for the second consecutive year after five years of decline. In general, exports enjoyed a buoyant expansion. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, flax, raw or retted exports surged to $X in 2021. Overall, exports, however, recorded a pronounced shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Russia (X tons) was the main destination for flax, raw or retted exports from Belarus, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +X%.

In value terms, Russia ($X) also remains the key foreign market for flax, raw or retted exports from Belarus.

From 2012 to 2021, the average annual growth rate of value to Russia stood at -X%.

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, increasing by less than X% against the previous year. Overall, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -X% per year.

Imports of Flax, Raw Or Retted

Imports into Belarus

In 2021, flax, raw or retted imports into Belarus surged to X kg, picking up by X% on the previous year. Over the period under review, imports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X kg in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, flax, raw or retted imports surged to $X in 2021. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Russia (X kg) was the main flax, raw or retted supplier to Belarus, with a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Russia amounted to -X%.

In value terms, Russia ($X) constituted the largest supplier of flax, raw or retted to Belarus.

From 2012 to 2021, the average annual rate of growth in terms of value from Russia amounted to -X%.

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2021, waning by -X% against the previous year. Overall, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to -X% per year.

Source: IndexBox Platform

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