Belgium: Flax Fiber Market 2024

Flax Fiber Market Size in Belgium

The Belgian flax fiber market skyrocketed to $X in 2022, with an increase of 23% against the previous year. Overall, consumption, however, showed a perceptible descent. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Production in Belgium

In value terms, flax fiber production reached $X in 2022 estimated in export price. Overall, production showed buoyant growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 37%. Flax fiber production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

The average yield of flax fiber in Belgium soared to X tons per ha in 2022, increasing by 18% compared with the previous year's figure. The yield figure increased at an average annual rate of +1.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the yield increased by 18% against the previous year. The flax fiber yield peaked in 2022 and is likely to see steady growth in the near future. 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 in Belgium was estimated at X ha in 2022, standing approx. at the year before. In general, the total harvested area indicated notable growth from 2012 to 2022: its figure increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax fiber harvested area decreased by -0.4% against 2020 indices. The growth pace was the most rapid in 2015 when the harvested area increased by 19% against the previous year. The flax fiber harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area remained at a lower figure.

Flax Fiber Exports

Exports from Belgium

In 2022, the amount of flax fiber exported from Belgium amounted to X tons, surging by 15% compared with the previous year's figure. Overall, total exports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +9.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +90.7% against 2016 indices. The most prominent rate of growth was recorded in 2013 with an increase of 38% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, flax fiber exports surged to $X in 2022. In general, exports showed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for flax fiber exports from Belgium, accounting for a 48% share of total exports. Moreover, flax fiber exports to China exceeded the volume sent to the second major destination, India (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume to China totaled +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+22.2% per year) and the Netherlands (+14.3% per year).

In value terms, China ($X) remains the key foreign market for flax fiber exports from Belgium, comprising 56% of total exports. The second position in the ranking was taken by India ($X), with a 26% share of total exports. It was followed by France, with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+28.8% per year) and France (+27.7% per year).

Export Prices by Country

The average flax fiber export price stood at $X per ton in 2022, surging by 37% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into Belgium

In 2022, overseas purchases of flax fiber increased by 3.9% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, total imports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.8% against 2016 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 66%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, flax fiber imports skyrocketed to $X in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2013 when imports increased by 78%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, France (X tons) was the main flax fiber supplier to Belgium, accounting for a 91% share of total imports. Moreover, flax fiber imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold. The third position in this ranking was held by Egypt (X tons), with a 1.4% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+1.9% per year) and Egypt (+0.4% per year).

In value terms, France ($X) constituted the largest supplier of flax fiber to Belgium, comprising 91% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 4.9% share of total imports. It was followed by Egypt, with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at +13.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+10.9% per year) and Egypt (+2.2% per year).

Import Prices by Country

In 2022, the average flax fiber import price amounted to $X per ton, with an increase of 24% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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