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Report Eastern Asia - Flax, Tow and Waste - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Eastern Asia - Flax, Tow and Waste - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Eastern Asia

In 2021, after two years of decline, there was significant growth in the East Asian flax, tow and waste market, when its value increased by X% to $X. Overall, consumption posted a buoyant increase. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Tow And Waste in Eastern Asia

In value terms, flax, tow and waste production reached $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Democratic People's Republic of Korea (X tons) constituted the country with the largest volume of flax, tow and waste production, accounting for X% of total volume. Moreover, flax, tow and waste production in Democratic People's Republic of Korea exceeded the figures recorded by the second-largest producer, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume in Democratic People's Republic of Korea was relatively modest.

Exports of Flax, Tow And Waste

Exports in Eastern Asia

In 2021, overseas shipments of flax, tow and waste decreased by -X% to X tons, falling for the fifth year in a row after two years of growth. Over the period under review, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, flax, tow and waste exports contracted remarkably to $X in 2021. Overall, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of about X tons, which amounted to X% of total exports. It was distantly followed by Democratic People's Republic of Korea (X tons), committing a X% share of total exports.

Exports from China decreased at an average annual rate of -X% from 2012 to 2021. Democratic People's Republic of Korea (-X%) illustrated a downward trend over the same period. Democratic People's Republic of Korea (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest flax, tow and waste supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Democratic People's Republic of Korea ($X), with less than X% share of total exports.

In China, flax, tow and waste exports shrank by an average annual rate of -X% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price showed a resilient expansion. The growth pace was the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while Democratic People's Republic of Korea amounted to $X per ton.

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

Imports of Flax, Tow And Waste

Imports in Eastern Asia

In 2021, purchases abroad of flax, tow and waste was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports posted a resilient increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, flax, tow and waste imports skyrocketed to $X in 2021. Overall, imports saw a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons) represented roughly X% of total imports in 2021.

China was also the fastest-growing in terms of the flax, tow and waste imports, with a CAGR of +X% from 2012 to 2021. From 2012 to 2021, the share of China increased by +X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported flax, tow and waste in Eastern Asia.

From 2012 to 2021, the average annual growth rate of value in China amounted to +X%.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of flax, tow and waste consumption, comprising approx. 96% of total volume. It was followed by Japan, with a 2.7% share of total consumption.
Democratic People's Republic of Korea remains the largest flax, tow and waste producing country in Eastern Asia, accounting for 92% of total volume. Moreover, flax, tow and waste production in Democratic People's Republic of Korea exceeded the figures recorded by the second-largest producer, South Korea, more than tenfold.
In value terms, China remains the largest flax, tow and waste supplier in Eastern Asia, comprising 96% of total exports. The second position in the ranking was occupied by Democratic People's Republic of Korea, with a 2.7% share of total exports.
In value terms, China constitutes the largest market for imported flax, tow and waste in Eastern Asia, comprising 98% of total imports. The second position in the ranking was occupied by Japan, with a 1.7% share of total imports.
The flax, tow and waste export price in Eastern Asia stood at $1,111 per ton in 2021, shrinking by -75.4% against the previous year.
In 2021, the flax, tow and waste import price in Eastern Asia amounted to $1,378 per ton, which is down by -9.3% against the previous year.

This report provides an in-depth analysis of the market for flax, tow and waste 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 774 - Flax tow and waste

Country coverage:

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 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. 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

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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