Portugal: Flax Fabric Market 2025

Flax Fabric Market Size in Portugal

In 2022, the Portuguese flax fabric market decreased by -29.7% to $X for the first time since 2011, thus ending a ten-year rising trend. In general, consumption, however, showed a prominent expansion. As a result, consumption attained the peak level of $X, and then fell sharply in the following year.

Flax Fabric Production in Portugal

In value terms, flax fabric production declined remarkably to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +26.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by 54%. As a result, production attained the peak level of $X, and then reduced sharply in the following year.

Flax Fabric Exports

Exports from Portugal

For the eleventh year in a row, Portugal recorded growth in overseas shipments of woven fabrics of flax, which increased by 194% to X tons in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports skyrocketed to $X in 2022. Over the period under review, exports recorded a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X tons) was the main destination for flax fabric exports from Portugal, accounting for a 37% share of total exports. Moreover, flax fabric exports to Spain exceeded the volume sent to the second major destination, Italy (X tons), threefold. The third position in this ranking was held by Germany (X tons), with a 6.8% share.

From 2020 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +63.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+321.3% per year) and Germany (+79.1% per year).

In value terms, Spain ($X) remains the key foreign market for woven fabrics of flax exports from Portugal, comprising 34% of total exports. The second position in the ranking was held by Italy ($X), with an 8.8% share of total exports. It was followed by Germany, with a 7.7% share.

From 2020 to 2022, the average annual growth rate of value to Spain totaled +65.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+80.9% per year) and Germany (+50.0% per year).

Export Prices by Country

The average flax fabric export price stood at $X per ton in 2022, waning by -48% against the previous year. Overall, the export price faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+37.4%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fabric Imports

Imports into Portugal

For the eleventh year in a row, Portugal recorded growth in supplies from abroad of woven fabrics of flax, which increased by 21% to X tons in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 60%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, flax fabric imports fell to $X in 2022. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2018 when imports increased by 117% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

India (X tons), China (X tons) and Italy (X tons) were the main suppliers of flax fabric imports to Portugal, together accounting for 67% of total imports. The Netherlands, Belgium, Spain and Turkey lagged somewhat behind, together accounting for a further 29%.

From 2020 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +117.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest flax fabric suppliers to Portugal were Italy ($X), India ($X) and the Netherlands ($X), with a combined 65% share of total imports. China, Belgium, Spain and Turkey lagged somewhat behind, together comprising a further 28%.

In terms of the main suppliers, Belgium, with a CAGR of +99.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average flax fabric import price stood at $X per ton in 2022, reducing by -23.7% against the previous year. Overall, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2021 an increase of 7.1% against the previous year. As a result, import price attained the peak level of $X per ton, and then shrank significantly in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+11.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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