Report Update Nov 1, 2024

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

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Southern Asia: Flax Fabric Market 2024

Flax Fabric Market Size in Southern Asia

In 2022, the South Asian flax fabric market decreased by -43.9% to $X, falling for the second year in a row after nine years of growth. In general, consumption, however, showed a significant increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Flax Fabric Production in Southern Asia

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate significant growth. The growth pace was the most rapid in 2020 with an increase of 90,124%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Flax Fabric Exports

Exports by Country

India prevails in exports structure, accounting for X tons, which was approx. 98% of total exports in 2022. Pakistan (X tons) took a minor share of total exports.

India was also the fastest-growing in terms of the woven fabrics of flax exports, with a CAGR of +110.0% from 2020 to 2022. Pakistan experienced a relatively flat trend pattern. India (+5.7 p.p.) significantly strengthened its position in terms of the total exports, while Pakistan saw its share reduced by -5.4% from 2020 to 2022, respectively.

In value terms, India ($X) remains the largest flax fabric supplier in Southern Asia, comprising 99% of total exports. The second position in the ranking was taken by Pakistan ($X), with a 0.7% share of total exports.

From 2020 to 2022, the average annual growth rate of value in India stood at +31.0%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, dropping by -54.9% against the previous year. In general, the export price showed a dramatic downturn. The most prominent rate of growth was recorded in 2021 when the export price decreased by -10.2% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan stood at $X per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-26.5%).

Flax Fabric Imports

Imports by Country

In 2022, Afghanistan (X tons), distantly followed by India (X tons), Sri Lanka (X tons) and Bangladesh (X tons) were the key importers of woven fabrics of flax, together constituting 99% of total imports.

From 2020 to 2022, the biggest increases were recorded for Afghanistan (with a CAGR of +8,492.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Afghanistan ($X) constitutes the largest market for imported woven fabrics of flax in Southern Asia, comprising 56% of total imports. The second position in the ranking was held by India ($X), with a 24% share of total imports. It was followed by Sri Lanka, with a 15% share.

From 2020 to 2022, the average annual growth rate of value in Afghanistan amounted to +10,026.3%. In the other countries, the average annual rates were as follows: India (+32.3% per year) and Sri Lanka (+25.6% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per ton in 2022, falling by -14.2% against the previous year. Import price indicated strong growth from 2020 to 2022: its price increased at an average annual rate of +18.4% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax fabric import price increased by +40.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 64% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Sri Lanka ($X per ton) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Afghanistan (+17.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The countries with the highest volumes of in 2021 were Afghanistan, Bangladesh and India, together comprising 88% of total consumption.

What are the largest producers of woven fabrics of flax in Southern Asia?

India remains the largest flax fabric producing country in Southern Asia, comprising approx. 72% of total volume. Moreover, flax fabric production in India exceeded the figures recorded by the second-largest producer, Pakistan, threefold.

What are the leading suppliers of woven fabrics of flax in Southern Asia?

In value terms, India remains the largest flax fabric supplier in Southern Asia, comprising 98% of total exports. The second position in the ranking was occupied by Pakistan, with a 1.8% share of total exports.

What are the leading importers of woven fabrics of flax in Southern Asia?

In value terms, Afghanistan, Bangladesh and India were the countries with the highest levels of imports in 2021, with a combined 96% share of total imports.

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

In 2021, the export price in Southern Asia amounted to $34,791 per ton, with an increase of 6.4% against the previous year.

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

The import price in Southern Asia stood at $15,506 per ton in 2021, growing by 3% against the previous year.

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

Afghanistan
Bangladesh
Bhutan
India
Maldives
Nepal
Pakistan
Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Southern Asia, split by region and country
Trade (exports and imports) in Southern Asia
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. CONSUMPTION BY COUNTRY
3. 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
2. PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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, By Country, 2018–2023
5. Production, In Physical Terms, By Country, 2012–2023
6. Imports, In Physical Terms, By Country, 2012–2023
7. Imports, In Value Terms, By Country, 2012–2023
8. Import Prices, By Country Of Destination, 2012–2023
9. Exports, In Physical Terms, By Country, 2012–2023
10. Exports, In Value Terms, By Country, 2012–2023
11. Export Prices, By Country Of Origin, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Consumption, By Country, 2023
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Exports And Growth
12. Export Prices And Growth
13. Market Size And Growth
14. Per Capita Consumption
15. Imports And Growth
16. Import Prices
17. Production, In Physical Terms, 2012–2023
18. Production, In Value Terms, 2012–2023
19. Production, By Country, 2023
20. Production, In Physical Terms, By Country, 2012–2023
21. Imports, In Physical Terms, 2012–2023
22. Imports, In Value Terms, 2012–2023
23. Imports, In Physical Terms, By Country, 2023
24. Imports, In Physical Terms, By Country, 2012–2023
25. Imports, In Value Terms, By Country, 2012–2023
26. Import Prices, By Country, 2012–2023
27. Exports, In Physical Terms, 2012–2023
28. Exports, In Value Terms, 2012–2023
29. Exports, In Physical Terms, By Country, 2023
30. Exports, In Physical Terms, By Country, 2012–2023
31. Exports, In Value Terms, By Country, 2012–2023
32. Export Prices, 2012–2023