Report Update Nov 1, 2024

Ecuador - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Flax Fabric Market 2024

Flax Fabric Market Size in Ecuador

After three years of growth, the Ecuadorian flax fabric market decreased by -0.2% to $X in 2022. In general, consumption, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of 2.5%. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Flax Fabric Production in Ecuador

In value terms, flax fabric production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 1.8%. Flax fabric production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Flax Fabric Exports

Exports from Ecuador

In 2022, after ten years of growth, there was significant decline in shipments abroad of woven fabrics of flax, when their volume decreased by -65% to X kg. Overall, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 with an increase of 29%. As a result, the exports attained the peak of X kg, and then contracted sharply in the following year.

In value terms, flax fabric exports skyrocketed to $X in 2022. In general, exports, however, posted measured growth. The most prominent rate of growth was recorded in 2015 when exports increased by 373%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for flax fabric exports from Ecuador, with a 50% share of total exports. Moreover, flax fabric exports to the United States exceeded the volume sent to the second major destination, Canada (X kg), twofold.

From 2020 to 2022, the average annual growth rate of volume to the United States amounted to +32.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+22.5% per year) and France (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for woven fabrics of flax exports from Ecuador, comprising 70% of total exports. The second position in the ranking was taken by Canada ($X), with a 12% share of total exports.

From 2020 to 2022, the average annual rate of growth in terms of value to the United States totaled +53.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+61.0% per year) and France (0.0% per year).

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per ton, picking up by 289% against the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+31.4%), while the prices for the other major destinations experienced mixed trend patterns.

Flax Fabric Imports

Imports into Ecuador

In 2022, after ten years of growth, there was significant decline in supplies from abroad of woven fabrics of flax, when their volume decreased by -35% to X tons. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 212% against the previous year. As a result, imports attained the peak of X tons, and then reduced remarkably in the following year.

In value terms, flax fabric imports shrank remarkably to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 136% against the previous year. As a result, imports reached the peak of $X, and then declined rapidly in the following year.

Imports by Country

China (X tons), Colombia (X tons) and Canada (X kg) were the main suppliers of flax fabric imports to Ecuador, with a combined 88% share of total imports.

From 2020 to 2022, the biggest increases were recorded for Colombia (with a CAGR of +86.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flax fabric suppliers to Ecuador were Colombia ($X), China ($X) and Canada ($X), with a combined 75% share of total imports.

In terms of the main suppliers, Colombia, with a CAGR of +118.3%, recorded the highest rates of growth with regard to 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 average flax fabric import price stood at $X per ton in 2022, growing by 9.6% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Panama ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 32% share of global consumption.

What are the largest producers of woven fabrics of flax in the world?

The country with the largest volume of flax fabric production was China, comprising approx. 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to Ecuador?

In value terms, the largest flax fabric suppliers to Ecuador were Colombia, China and Lithuania, with a combined 51% share of total imports.

What are the leading importers of woven fabrics of flax from Ecuador?

In value terms, the largest markets for flax fabric exported from Ecuador were Colombia and the United States $927).

What is the average export price for woven fabrics of flax in Ecuador?

In 2021, the average flax fabric export price amounted to $24,795 per ton, which is down by -2.6% against the previous year.

What is the average import price for woven fabrics of flax in Ecuador?

The average flax fabric import price stood at $15,264 per ton in 2021, with an increase of 66% against the previous year.

This report provides an in-depth analysis of the flax fabric market in Ecuador. 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:

Prodcom 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023