Central Asia: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Central Asia

The Central Asian flax, tow and waste market surged to $X in 2021, with an increase of X% against the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Flax, Tow And Waste in Central Asia

In value terms, flax, tow and waste production rose sharply to $X in 2021 estimated in export price. The total production indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Kyrgyzstan (X tons) remains the largest flax, tow and waste producing country in Central Asia, accounting for X% of total volume. Moreover, flax, tow and waste production in Kyrgyzstan exceeded the figures recorded by the second-largest producer, Kazakhstan (X tons), ninefold.

In Kyrgyzstan, flax, tow and waste production increased at an average annual rate of +X% over the period from 2012-2021.

Exports of Flax, Tow And Waste

Exports in Central Asia

In 2021, shipments abroad of flax, tow and waste decreased by -% to X tons, falling for the second consecutive year after six years of growth. Overall, exports recorded a drastic downturn. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, flax, tow and waste exports stood at $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The shipments of the one major exporters of flax, tow and waste, namely Kazakhstan, represented more than two-thirds of total export.

Kazakhstan was also the fastest-growing in terms of the flax, tow and waste exports, with a CAGR of +X% from 2012 to 2021. Kazakhstan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, approximately equating-% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the export prices remained at a lower figure.

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

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

Imports of Flax, Tow And Waste

Imports in Central Asia

Flax, tow and waste imports surged to X tons in 2021, jumping by X% on the year before. Overall, imports, however, showed a pronounced decrease. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, flax, tow and waste imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Kyrgyzstan was the key importer of flax, tow and waste in Central Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2021. Kazakhstan (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Turkmenistan (X%). Uzbekistan (X kg) held a relatively small share of total imports.

Kyrgyzstan was also the fastest-growing in terms of the flax, tow and waste imports, with a CAGR of +X% from 2012 to 2021. At the same time, Uzbekistan (+X%) and Turkmenistan (+X%) displayed positive paces of growth. By contrast, Kazakhstan (-X%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+X p.p.), Turkmenistan (less than X p.p.) and Uzbekistan (less than X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Kazakhstan (-X p.p.) displayed negative dynamics.

In value terms, the largest flax, tow and waste importing markets in Central Asia were Kyrgyzstan ($X), Turkmenistan ($X) and Kazakhstan ($X), with a combined X% share of total imports.

Among the main importing countries, Kyrgyzstan, with a CAGR of +X%, saw the highest growth rate of 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 import price in Central Asia stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. 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 contracted rapidly in the following year.

Prices varied noticeably by the country of destination: the country with the highest price was Turkmenistan ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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