Japan: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Japan

The Japanese flax, raw or retted market dropped modestly to $X in 2021, declining by less than X% 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 showed a abrupt contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Exports of Flax, Raw Or Retted

Exports from Japan

Flax, raw or retted exports from Japan soared to X tons in 2021, increasing by X% compared with 2020. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax, raw or retted exports skyrocketed to $X in 2021. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

South Korea (X tons) was the main destination for flax, raw or retted exports from Japan, with a X% share of total exports. Moreover, flax, raw or retted exports to South Korea exceeded the volume sent to the second major destination, France (X kg), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to South Korea was relatively modest.

From 2012 to 2021, the average annual growth rate of value to South Korea was relatively modest.

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($X per ton), while the average price for exports to France stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%).

Imports of Flax, Raw Or Retted

Imports into Japan

In 2021, supplies from abroad of flax, raw or retted 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 saw slight growth. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, flax, raw or retted imports surged to $X in 2021. Overall, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) constituted the largest flax, raw or retted supplier to Japan, accounting for a X% share of total imports. Moreover, flax, raw or retted imports from Canada exceeded the figures recorded by the second-largest supplier, Sweden (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Italy (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of flax, raw or retted to Japan, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Sweden (-X% per year).

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2021, growing by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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