CIS: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in CIS

The CIS flax, raw or retted market rose modestly to $X in 2021, with an increase of less than X% against the previous year. In general, consumption, however, showed a mild setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Flax, Raw Or Retted in CIS

In value terms, flax, raw or retted production stood at $X in 2021 estimated in export price. In general, production recorded a mild slump. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Russia (X tons) constituted the country with the largest volume of flax, raw or retted production, comprising approx. X% of total volume. Moreover, flax, raw or retted production in Russia exceeded the figures recorded by the second-largest producer, Belarus (X tons), sixfold.

In Russia, flax, raw or retted production remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (-X% per year) and Kazakhstan (+X% per year).

Exports of Flax, Raw Or Retted

Exports in CIS

In 2021, overseas shipments of flax, raw or retted increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports saw a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, flax, raw or retted exports shrank rapidly to $X in 2021. Over the period under review, exports recorded a slight expansion. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2021, Belarus (X tons) was the key exporter of flax, raw or retted, creating X% of total exports. It was distantly followed by Kazakhstan (X tons), creating a X% share of total exports. Russia (X tons) followed a long way behind the leaders.

Exports from Belarus increased at an average annual rate of +X% from 2012 to 2021. At the same time, Russia (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. percentage points. Belarus (less than X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) emerged as the largest flax, raw or retted supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

In Belarus, flax, raw or retted exports contracted by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Russia (+X% per year).

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per ton, reducing by -X% against the previous year. Overall, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the the export prices failed to regain momentum.

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

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

Imports of Flax, Raw Or Retted

Imports in CIS

For the third consecutive year, the CIS recorded growth in overseas purchases of flax, raw or retted, which increased by X% to X tons in 2021. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, flax, raw or retted imports declined to $X in 2021. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Russia prevails in imports structure, accounting for X tons, which was near X% of total imports in 2021. Kazakhstan (X tons) followed a long way behind the leaders.

Imports into Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Kazakhstan (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. Russia (X p.p.) and Kazakhstan (less than X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) and Russia ($X) were the countries with the highest levels of imports in 2021.

Kazakhstan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2021, the import price in the CIS amounted to $X per ton, falling by -X% against the previous year. In general, the import price saw a precipitous decrease. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Kazakhstan ($X per ton), while Russia totaled $X per ton.

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

Source: IndexBox Platform

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