Eastern Asia - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Market for Flax, Raw Or Retted 2022
Market Size for Flax, Raw Or Retted in Eastern Asia
In 2021, the East Asian flax, raw or retted market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt slump. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.
Production of Flax, Raw Or Retted in Eastern Asia
In value terms, flax, raw or retted production reached $X in 2021 estimated in export price. Overall, production recorded a abrupt shrinkage. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.
Taiwan (Chinese) (X tons) remains the largest flax, raw or retted producing country in Eastern Asia, accounting for X% of total volume. Moreover, flax, raw or retted production in Taiwan (Chinese) exceeded the figures recorded by the second-largest producer, South Korea (X tons), more than tenfold.
From 2012 to 2021, the average annual growth rate of volume in Taiwan (Chinese) was relatively modest.
Exports of Flax, Raw Or Retted
Exports in Eastern Asia
In 2021, shipments abroad of flax, raw or retted decreased by -X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.
In value terms, flax, raw or retted exports reduced notably to $X in 2021. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
Exports by Country
In 2021, Japan (X tons) represented the largest exporter of flax, raw or retted, mixing up X% of total exports. It was distantly followed by South Korea (X kg), China (X kg) and Hong Kong SAR (X kg), together mixing up a X% share of total exports.
From 2012 to 2021, the biggest increases were in Japan (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, the largest flax, raw or retted supplying countries in Eastern Asia were China ($X), South Korea ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.
Among the main exporting countries, South Korea, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.
Export Prices by Country
In 2021, the export price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.
Imports of Flax, Raw Or Retted
Imports in Eastern Asia
In 2021, after two years of growth, there was significant decline in purchases abroad of flax, raw or retted, when their volume decreased by -X% to X tons. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020, and then contracted dramatically in the following year.
In value terms, flax, raw or retted imports declined rapidly to $X in 2021. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.
Imports by Country
China prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2021. South Korea (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and Japan (less than X%).
From 2012 to 2021, average annual rates of growth with regard to flax, raw or retted imports into China stood at -X%. At the same time, Taiwan (Chinese) (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, South Korea (-X%) illustrated a downward trend over the same period. Taiwan (Chinese) (+X p.p.), China (less than X p.p.) and Japan (less than X p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by -X% from 2012 to 2021, respectively.
In value terms, China ($X) constitutes the largest market for imported flax, raw or retted in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with less than X% share.
In China, flax, raw or retted imports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (-X% per year).
Import Prices by Country
In 2021, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced a decline in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for flax, raw or retted in Eastern Asia. 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:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern Asia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Harvested Area, By Country, 2024
- Harvested Area, By Country, 2012-2024
- Yield, By Country, 2012-2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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