Report Update Jan 1, 2025

Colombia - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Colombia

In 2021, the Colombian flax, raw or retted market increased by X% to $X for the first time since 2014, thus ending a six-year declining trend. Overall, consumption, however, showed a abrupt slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Exports of Flax, Raw Or Retted

Exports from Colombia

Flax, raw or retted exports from Colombia fell remarkably to less than X kg in 2021, waning by -X% against the previous year's figure. In general, exports showed a relatively flat trend pattern. The exports peaked at X kg in 2020, and then contracted remarkably in the following year.

In value terms, flax, raw or retted exports declined dramatically to less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2020, and then contracted remarkably in the following year.

Exports by Country

Spain (X kg) was the main destination for flax, raw or retted exports from Colombia, accounting for a approx. X% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to Spain was relatively modest.

From 2012 to 2020, the average annual rate of growth in terms of value to Spain was relatively modest.

Export Prices by Country

In 2020, the average flax, raw or retted export price amounted to $X per ton, approximately mirroring the previous year. In general, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices hit record highs in 2020 and is expected to retain growth in the immediate term.

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

From 2012 to 2020, the rate of growth in terms of prices for Spain amounted to X% per year.

Imports of Flax, Raw Or Retted

Imports into Colombia

In 2021, supplies from abroad of flax, raw or retted was finally on the rise to reach X tons after six years of decline. Over the period under review, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, flax, raw or retted imports skyrocketed to $X in 2021. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) constituted the largest flax, raw or retted supplier to Colombia, accounting for a X% share of total imports. Moreover, flax, raw or retted imports from Canada exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Canada totaled -X%.

In value terms, Belgium ($X) and Canada ($X) were the largest flax, raw or retted suppliers to Colombia.

Among the main suppliers, Belgium, with a CAGR of -X%, recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2021, increasing by less than X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2021: its price 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, flax, raw or retted import price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2018; afterwards, it flattened through to 2021.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for Canada stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flax, raw or retted in the world?

The countries with the highest volumes of flax, raw or retted consumption in 2020 were Canada, the Netherlands and Belgium, together comprising 81% of global consumption.

What are the largest producers of flax, raw or retted in the world?

Canada constituted the country with the largest volume of flax, raw or retted production, comprising approx. 63% of total volume. Moreover, flax, raw or retted production in Canada exceeded the figures recorded by the second-largest producer, Egypt, twofold.

What are the leading suppliers of flax, raw or retted to Colombia?

In value terms, Belgium and Canada constituted the largest flax, raw or retted suppliers to Colombia.

What is the average export price for flax, raw or retted in Colombia?

In 2020, the average flax, raw or retted export price amounted to $162,667 per ton, remaining stable against the previous year.

What is the average import price for flax, raw or retted in Colombia?

The average flax, raw or retted import price stood at $1,567 per ton in 2020, remaining stable against the previous year.

This report provides an in-depth analysis of the market for flax, raw or retted in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 771 - Flax, raw or retted

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024