Egypt: Flax Fiber Market 2024

Flax Fiber Market Size in Egypt

In 2022, the Egyptian flax fiber market decreased by -74.1% to $X, falling for the third consecutive year after three years of growth. In general, consumption faced a deep setback. Flax fiber consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Production in Egypt

In value terms, flax fiber production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate tangible growth. The most prominent rate of growth was recorded in 2018 with an increase of 136% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of flax fiber in Egypt expanded significantly to X tons per ha in 2022, increasing by 7.1% against the year before. Overall, the yield indicated a notable increase from 2012 to 2022: its figure increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax fiber yield increased by +24.7% against 2019 indices. The pace of growth was the most pronounced in 2018 when the yield increased by 93% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the average flax fiber yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The flax fiber harvested area in Egypt totaled X ha in 2022, approximately mirroring 2021 figures. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 2.6%. Over the period under review, the harvested area dedicated to flax fiber production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Flax Fiber Exports

Exports from Egypt

Flax fiber exports from Egypt surged to X tons in 2022, picking up by 64% against 2021 figures. Overall, exports recorded a resilient increase. The growth pace was the most rapid in 2020 when exports increased by 158% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, flax fiber exports skyrocketed to $X in 2022. In general, exports posted a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 168%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X tons) was the main destination for flax fiber exports from Egypt, with a 78% share of total exports. Moreover, flax fiber exports to China exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 2.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China totaled +46.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-7.1% per year) and India (+131.9% per year).

In value terms, China ($X) remains the key foreign market for flax fiber exports from Egypt, comprising 73% of total exports. The second position in the ranking was held by Belgium ($X), with a 4.1% share of total exports. It was followed by Germany, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +58.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-1.1% per year) and Germany (+0.9% per year).

Export Prices by Country

In 2022, the average flax fiber export price amounted to $X per ton, stabilizing at the previous year. Overall, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax fiber export price increased by +51.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Germany ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into Egypt

In 2022, supplies from abroad of flax fiber decreased by -5.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.5% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 110%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, flax fiber imports fell to $X in 2022. In general, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 124% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), France (X tons) and Lithuania (X tons) were the main suppliers of flax fiber imports to Egypt, together accounting for 99.9% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +15.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flax fiber suppliers to Egypt were Belgium ($X), France ($X) and Lithuania ($X), with a combined 99.9% share of total imports.

In terms of the main suppliers, France, with a CAGR of +17.9%, saw the highest growth rate of 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

In 2022, the average flax fiber import price amounted to $X per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2015 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :