New Zealand: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in New Zealand

The New Zealand flax, raw or retted market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, saw a precipitous decrease. Flax, raw or retted consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Flax, Raw Or Retted

Exports from New Zealand

In 2021, overseas shipments of flax, raw or retted increased by X% to X kg, rising for the second consecutive year after four years of decline. In general, exports saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, flax, raw or retted exports skyrocketed to $X in 2021. Overall, exports enjoyed a prominent increase. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Canada (X kg) was the main destination for flax, raw or retted exports from New Zealand, accounting for a X% share of total exports. Moreover, flax, raw or retted exports to Canada exceeded the volume sent to the second major destination, Austria (X kg), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Denmark (+X% per year).

In value terms, Canada ($X) remains the key foreign market for flax, raw or retted exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Austria ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Denmark (+X% per year).

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, the export price, however, posted a temperate increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($X per ton), while the average price for exports to Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flax, Raw Or Retted

Imports into New Zealand

In 2021, after two years of decline, there was significant growth in supplies from abroad of flax, raw or retted, when their volume increased by X% to X kg. In general, imports, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, flax, raw or retted imports soared to $X in 2021. Over the period under review, imports, however, faced a abrupt downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X kg) constituted the largest flax, raw or retted supplier to New Zealand, with a X% share of total imports. Moreover, flax, raw or retted imports from Canada exceeded the figures recorded by the second-largest supplier, the UK (X kg), fourfold.

From 2012 to 2021, the average annual growth rate of volume from Canada was relatively modest.

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

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

Import Prices by Country

In 2021, the average flax, raw or retted import price amounted to $X per ton, waning by -X% against the previous year. Overall, the import price, however, saw a tangible increase. The growth pace was the most rapid in 2015 an increase of X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Canada ($X per ton), while the price for the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%).

Source: IndexBox Platform

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