New Zealand: Flax Fiber Market 2025

Flax Fiber Market Size in New Zealand

The New Zealand flax fiber market fell remarkably to $X in 2022, shrinking by -26.8% 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, however, recorded significant growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Exports

Exports from New Zealand

In 2022, overseas shipments of flax fiber increased by 28% to X kg, rising for the third year in a row after three years of decline. In general, total exports indicated slight growth from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.5% against 2016 indices. The most prominent rate of growth was recorded in 2016 when exports increased by 54% against the previous year. As a result, the exports attained the peak of X kg. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, flax fiber exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 37%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X kg) was the main destination for flax fiber exports from New Zealand, accounting for a 39% share of total exports. Moreover, flax fiber exports to Australia exceeded the volume sent to the second major destination, the United States (X kg), twofold. Canada (X kg) ranked third in terms of total exports with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Australia totaled +183.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+36.5% per year) and Canada (-1.3% per year).

In value terms, Australia ($X), the United States ($X) and the Czech Republic ($X) were the largest markets for flax fiber exported from New Zealand worldwide, with a combined 94% share of total exports.

Among the main countries of destination, Australia, with a CAGR of +182.7%, saw the highest growth rate of 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

The average flax fiber export price stood at $X per ton in 2022, approximately reflecting the previous year. In general, the export price showed a slight setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 62% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to Canada ($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 Australia (-1.7%), while the prices for the other major destinations experienced a decline.

Flax Fiber Imports

Imports into New Zealand

In 2022, the amount of flax fiber imported into New Zealand contracted markedly to X tons, waning by -23.3% on 2021 figures. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of 229%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, flax fiber imports declined notably to $X in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 178% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Italy (X kg), Denmark (X kg) and Egypt (X kg) were the main suppliers of flax fiber imports to New Zealand, together accounting for 50% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +44.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of flax fiber to New Zealand, comprising 45% of total imports. The second position in the ranking was taken by Denmark ($X), with a 2.5% share of total imports. It was followed by Egypt, with a 1.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +43.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+23.8% per year) and Egypt (+24.3% per year).

Import Prices by Country

The average flax fiber import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price showed a strong increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 173%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+27.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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