Poland: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Poland

For the fourth year in a row, the Polish flax, raw or retted market recorded decline in sales value, which decreased by -X% to $X in 2021. Over the period under review, consumption continues to indicate a dramatic downturn. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Flax, Raw Or Retted in Poland

In value terms, flax, raw or retted production declined remarkably to $X in 2021 estimated in export price. Over the period under review, production faced a sharp shrinkage. Flax, raw or retted production peaked at $X in 2020, and then declined notably in the following year.

In 2021, the average yield of flax, raw or retted in Poland stood at less than X kg per ha, approximately reflecting the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The flax, raw or retted harvested area in Poland stood at less than X ha in 2021, approximately reflecting 2020. In general, the harvested area showed a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Poland

In 2021, approx. X tons of flax, raw or retted were exported from Poland; picking up by X% on the year before. Over the period under review, exports saw strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, flax, raw or retted exports soared to $X in 2021. In general, exports recorded a pronounced expansion. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for flax, raw or retted exports from Poland, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Flax, Raw Or Retted

Imports into Poland

In 2021, overseas purchases of flax, raw or retted increased by X% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, recorded a deep downturn. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, flax, raw or retted imports surged to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Italy (X tons) was the main flax, raw or retted supplier to Poland, accounting for a approx. X% share of total imports.

From 2012 to 2020, the average annual rate of growth in terms of volume from Italy stood at -X%.

In value terms, Italy ($X) constituted the largest supplier of flax, raw or retted to Poland.

From 2012 to 2020, the average annual rate of growth in terms of value from Italy stood at -X%.

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2020, falling by -X% against the previous year. Overall, import price indicated a resilient expansion from 2012 to 2020: its price increased at an average annual rate of +X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, flax, raw or retted import price increased by +X% against 2012 indices. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton, and then fell in the following year.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2020, the rate of growth in terms of prices for Italy amounted to -X% per year.

Source: IndexBox Platform

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