Report Update Nov 1, 2024

India - Flax Fiber - Market Analysis, Forecast, Size, Trends and Insights

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India: Flax Fiber Market 2024

Flax Fiber Market Size in India

The Indian flax fiber market soared to $X in 2022, increasing by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption posted a significant increase. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Flax Fiber Exports

Exports from India

For the seventh year in a row, India recorded growth in shipments abroad of flax fiber, which increased by 0.7% to X tons in 2022. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, flax fiber exports dropped to $X in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 218%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Lithuania (X tons), Bangladesh (X tons) and China (X tons) were the main destinations of flax fiber exports from India, together accounting for 93% of total exports. Turkey and the United States lagged somewhat behind, together accounting for a further 7.2%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +140.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Bangladesh ($X) and Turkey ($X) appeared to be the largest markets for flax fiber exported from India worldwide, with a combined 93% share of total exports.

Among the main countries of destination, Turkey, with a CAGR of +174.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average flax fiber export price amounted to $X per ton, dropping by -8.3% against the previous year. Overall, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 78% against the previous year. As a result, the export price reached the peak level of $X per ton, and then shrank in the following year.

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 Bangladesh ($X per ton), while the average price for exports to China ($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 Belgium (+18.1%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into India

In 2022, the amount of flax fiber imported into India skyrocketed to X tons, growing by 26% against the previous year. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2017 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, flax fiber imports surged to $X in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of 44%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Belgium (X tons) constituted the largest flax fiber supplier to India, with a 68% share of total imports. Moreover, flax fiber imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by Belarus (X tons), with a 3.7% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+18.4% per year) and Belarus (+72.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of flax fiber to India, comprising 71% of total imports. The second position in the ranking was taken by France ($X), with a 22% share of total imports. It was followed by Lithuania, with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+19.3% per year) and Lithuania (+83.8% per year).

Import Prices by Country

In 2022, the average flax fiber import price amounted to $X per ton, surging by 6.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2019 when the average import price increased by 13%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), 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 flax fiber in the world?

France constituted the country with the largest volume of flax fiber consumption, comprising approx. 57% of total volume. Moreover, flax fiber consumption in France exceeded the figures recorded by the second-largest consumer, China, threefold. Russia ranked third in terms of total consumption with a 4.3% share.

What are the largest producers of flax fiber in the world?

The country with the largest volume of flax fiber production was France, accounting for 75% of total volume. Moreover, flax fiber production in France exceeded the figures recorded by the second-largest producer, Belgium, sevenfold. Belarus ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of flax fiber to India?

In value terms, the largest flax fiber suppliers to India were Belgium, France and Lithuania, with a combined 96% share of total imports.

What are the leading importers of flax fiber from India?

In value terms, Lithuania remains the key foreign market for flax fiber exports from India, comprising 82% of total exports. The second position in the ranking was occupied by Belgium, with an 8.8% share of total exports. It was followed by the United Arab Emirates, with a 7.2% share.

What is the average export price for flax fiber in India?

In 2020, the average flax fiber export price amounted to $2,120 per ton, approximately reflecting the previous year.

What is the average import price for flax fiber in India?

The average flax fiber import price stood at $3,782 per ton in 2020, flattening at the previous year.

This report provides an in-depth analysis of the flax fiber market in India. 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 773 - Flax fibre and tow

Country coverage:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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 2012–2023
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. 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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023