Canada: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Canada

In 2021, the Canadian flax, tow and waste market increased by less than X% to $X, rising for the fourth consecutive year after three years of decline. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Tow And Waste in Canada

In value terms, flax, tow and waste production dropped modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

The average yield of flax, tow and waste in Canada stood at less than X kg per ha in 2021, remaining constant against the previous year. 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.

In 2021, the total area harvested in terms of flax, tow and waste production in Canada amounted to less than X ha, approximately reflecting the previous year's figure. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Canada

In 2021, the amount of flax, tow and waste exported from Canada contracted markedly to X tons, waning by -X% against the previous year's figure. Overall, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, flax, tow and waste exports fell to $X in 2021. Over the period under review, exports recorded a deep reduction. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for flax, tow and waste exports from Canada, accounting for a X% share of total exports. Moreover, flax, tow and waste exports to France exceeded the volume sent to the second major destination, the United States (X tons), eightfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France stood at +X%.

In value terms, France ($X) emerged as the key foreign market for flax, tow and waste exports from Canada, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

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

Export Prices by Country

In 2021, the average flax, tow and waste export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, flax, tow and waste export price increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the country with the highest price was France ($X per ton), while the average price for exports to the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+X%).

Imports of Flax, Tow And Waste

Imports into Canada

In 2021, the amount of flax, tow and waste imported into Canada contracted significantly to X kg, which is down by -X% against 2020. In general, imports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, flax, tow and waste imports fell remarkably to $X in 2021. Overall, imports showed a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) was the main supplier of flax, tow and waste to Canada, accounting for a X% share of total imports. Moreover, flax, tow and waste imports from the United States exceeded the figures recorded by the second-largest supplier, Egypt (X kg), more than tenfold.

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

In value terms, the United States ($X) constituted the largest supplier of flax, tow and waste to Canada, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -X%.

Import Prices by Country

The average flax, tow and waste import price stood at $X per ton in 2021, declining by -X% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, import price attained the peak level of $X per ton, and then fell rapidly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for Egypt totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (X%).

Source: IndexBox Platform

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