Canada: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Canada

The Canadian flax, raw or retted market contracted to $X in 2021, with a decrease of -X% against the previous year. Overall, consumption saw a relatively flat trend pattern. Flax, raw or retted consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Raw Or Retted in Canada

In value terms, flax, raw or retted production shrank modestly to $X in 2021 estimated in export price. In general, production showed a slight slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average flax, raw or retted yield in Canada amounted to less than X kg per ha, flattening at 2020 figures. Overall, the yield saw 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 total area harvested in terms of flax, raw or retted production in Canada amounted to less than X ha, therefore, remained relatively stable against the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Canada

In 2021, exports of flax, raw or retted from Canada skyrocketed to X tons, jumping by X% against the year before. Overall, exports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2014 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, flax, raw or retted exports surged to $X in 2021. In general, exports, however, showed a abrupt contraction. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons), France (X tons) and Trinidad and Tobago (X tons) were the main destinations of flax, raw or retted exports from Canada, together accounting for X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Trinidad and Tobago (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), China ($X) and Trinidad and Tobago ($X) appeared to be the largest markets for flax, raw or retted exported from Canada worldwide, with a combined X% share of total exports.

Trinidad and Tobago, with a CAGR of +X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, growing by less than X% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flax, Raw Or Retted

Imports into Canada

In 2021, purchases abroad of flax, raw or retted increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, flax, raw or retted imports soared to $X in 2021. In general, imports, however, continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest flax, raw or retted supplier to Canada, with a X% share of total imports. Moreover, flax, raw or retted imports from the United States exceeded the figures recorded by the second-largest supplier, India (X tons), threefold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Italy (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of flax, raw or retted to Canada, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2021, which is down by less than X% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from India ($X per ton) and the United States ($X per ton), while the price for the UK ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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