Report Update Jan 1, 2025

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

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Singapore: Flax Fabric Market 2025

Flax Fabric Market Size in Singapore

After ten years of growth, the Singaporean flax fabric market decreased by -62.2% to $X in 2022. Overall, consumption recorded a deep reduction. As a result, consumption attained the peak level of $X, and then fell dramatically in the following year.

Flax Fabric Production in Singapore

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep setback. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Flax Fabric Exports

Exports from Singapore

In 2022, the amount of woven fabrics of flax exported from Singapore fell to X tons, which is down by -7.9% compared with 2021. In general, exports saw a deep contraction. The smallest decline of -7.4% was in 2021. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, flax fabric exports fell notably to $X in 2022. Overall, exports, however, enjoyed pronounced growth. The growth pace was the most rapid in 2020 with an increase of 240%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted sharply in the following year.

Exports by Country

Australia (X tons) was the main destination for flax fabric exports from Singapore, accounting for a 63% share of total exports. Moreover, flax fabric exports to Australia exceeded the volume sent to the second major destination, Indonesia (X tons), fourfold. Malaysia (X kg) ranked third in terms of total exports with a 5.3% share.

From 2020 to 2022, the average annual growth rate of volume to Australia totaled -1.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+66.5% per year) and Malaysia (-3.3% per year).

In value terms, Australia ($X) remains the key foreign market for woven fabrics of flax exports from Singapore, comprising 60% of total exports. The second position in the ranking was held by Indonesia ($X), with a 17% share of total exports. It was followed by Malaysia, with a 5.7% share.

From 2020 to 2022, the average annual growth rate of value to Australia amounted to -16.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (+58.4% per year) and Malaysia (-47.5% per year).

Export Prices by Country

The average flax fabric export price stood at $X per ton in 2022, reducing by -61% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 an increase of 69% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank sharply in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were India ($X per ton) and Malaysia ($X per ton), while the average price for exports to Australia ($X per ton) and New Zealand ($X per ton) were amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+16.9%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Singapore

After ten years of growth, overseas purchases of woven fabrics of flax decreased by -24.5% to X tons in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 34%. As a result, imports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, flax fabric imports contracted sharply to $X in 2022. In general, imports, however, showed a mild increase. The pace of growth appeared the most rapid in 2014 when imports increased by 83% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then reduced notably in the following year.

Imports by Country

Italy (X tons), Belgium (X tons) and India (X tons) were the main suppliers of flax fabric imports to Singapore, with a combined 51% share of total imports.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +123.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), India ($X) and Belgium ($X) appeared to be the largest flax fabric suppliers to Singapore, together accounting for 52% of total imports.

India, with a CAGR of +118.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average flax fabric import price amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2020 to 2022, it increased at an average annual rate of +10.5%. The most prominent rate of growth was recorded in 2021 an increase of 23%. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by India (+34.0%), while the prices for the other major suppliers 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, together comprising 32% of global consumption.

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

China remains the largest flax fabric producing country worldwide, comprising approx. 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 Singapore?

In value terms, Italy constituted the largest supplier of flax fabric to Singapore, comprising 28% of total imports. The second position in the ranking was occupied by India, with a 12% share of total imports. It was followed by Turkey, with an 11% share.

What are the leading importers of woven fabrics of flax from Singapore?

In value terms, the largest markets for flax fabric exported from Singapore were Australia, Indonesia and Malaysia, together accounting for 70% of total exports.

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

The average flax fabric export price stood at $25,326 per ton in 2021, reducing by -15% against the previous year.

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

In 2021, the average flax fabric import price amounted to $24,918 per ton, stabilizing at the previous year.

This report provides an in-depth analysis of the flax fabric market in Singapore. 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:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024