Report Update Nov 1, 2024

Puerto Rico - Woven Fabrics of Flax - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Flax Fabric Market 2022

Flax Fabric Market Size in Puerto Rico

In 2021, the Puerto Rican flax fabric market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, the total consumption indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -17.4% against 2018 indices. Puerto Rico consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Flax Fabric Production in Puerto Rico

In value terms, flax fabric production expanded significantly to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -15.9% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 34%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Flax Fabric Exports

Exports by Country

China dominates exports structure, amounting to X tons, which was approx. 69% of total exports in 2021. It was distantly followed by Belarus (X tons), mixing up a 4.8% share of total exports. Italy (X tons), Spain (X tons), Belgium (X tons), Turkey (X tons), the Netherlands (X tons), Russia (X tons), Hong Kong SAR (X tons) and India (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to flax fabric exports from China stood at +9.4%. At the same time, Spain (+13.9%), Turkey (+10.6%), Belarus (+3.1%), the Netherlands (+2.7%) and Italy (+1.9%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.9% from 2012-2021. Belgium and India experienced a relatively flat trend pattern. By contrast, Hong Kong SAR (-9.9%) and Russia (-16.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of China and Spain increased by +16 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest flax fabric supplier from Puerto Rico, comprising 53% of global exports. The second position in the ranking was taken by Italy ($X), with an 11% share of global exports. It was followed by Belgium, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China totaled +10.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+1.4% per year) and Belgium (+3.3% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, approximately equating the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+3.8%), while the other leaders experienced more modest paces of growth.

Flax Fabric Imports

Imports by Country

The countries with the highest levels of flax fabric imports in 2021 were Bangladesh (X tons), Afghanistan (X tons) and the United States (X tons), together amounting to 45% of total import. It was distantly followed by Italy (X tons), comprising a 4.9% share of total imports. Indonesia (X tons), Spain (X tons), South Korea (X tons), Vietnam (X tons), the Netherlands (X tons), Lithuania (X tons), Turkey (X tons), Portugal (X tons) and the UK (X tons) held a relatively small share of total imports.

From 2012 to 2021, the biggest increases were in Portugal (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X), Bangladesh ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2021, with a combined 40% share of total imports. Italy, Vietnam, Spain, Indonesia, the UK, Turkey, Portugal, Lithuania, South Korea and the Netherlands lagged somewhat behind, together accounting for a further 30%.

In terms of the main importing countries, Portugal, with a CAGR of +13.3%, saw the highest rates of growth with regard to 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 import price in Puerto Rico stood at less than $X per ton in 2021, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven fabrics of flax in the world?

The countries with the highest volumes of in 2021 were China, Afghanistan and the United States, with a combined 32% share of global consumption.

What are the largest producers of woven fabrics of flax in the world?

The country with the largest volume of flax fabric production was China, accounting for 41% of total volume. Moreover, flax fabric production in China exceeded the figures recorded by the second-largest producer, Russia, fivefold. The third position in this ranking was occupied by India, with an 8.3% share.

What are the leading suppliers of woven fabrics of flax to Puerto Rico?

In value terms, the largest flax fabric importing markets into Puerto Rico were Afghanistan, Bangladesh and the United States, with a combined 41% share of total imports.

What are the leading importers of woven fabrics of flax from Puerto Rico?

In value terms, China remains the largest flax fabric supplier from Puerto Rico, comprising 43% of global exports. The second position in the ranking was occupied by Italy, with a 13% share of global exports. It was followed by Belgium, with a 6.2% share.

What is the average export price for woven fabrics of flax in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to $less than 0.1 per ton, remaining relatively unchanged against the previous year.

What is the average import price for woven fabrics of flax in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to $less than 0.1 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the flax fabric market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 13201330 - Woven fabrics of flax, containing . .85 % by weight of flax
Prodcom 13201360 - Woven fabrics of flax, containing < .85 % by weight of flax

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023