Spain: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Spain

The Spanish flax, raw or retted market skyrocketed to $X in 2021, surging by X% against the previous year. Overall, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Flax, Raw Or Retted in Spain

In value terms, flax, raw or retted production declined to $X in 2021 estimated in export price. Over the period under review, production saw a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

The average yield of flax, raw or retted in Spain amounted to less than X kg per ha in 2021, flattening at 2020. In general, the yield recorded 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 Spain stood at less than X ha in 2021, flattening at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Spain

In 2021, the amount of flax, raw or retted exported from Spain surged to X kg, jumping by X% against 2020 figures. In general, exports, however, continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, flax, raw or retted exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a dramatic descent. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Portugal (X kg) was the main destination for flax, raw or retted exports from Spain, accounting for a X% share of total exports. It was followed by Japan (X kg), with less than X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Portugal totaled -X%.

In value terms, Portugal ($X) and Japan ($X) constituted the largest markets for flax, raw or retted exported from Spain worldwide.

In terms of the main countries of destination, Japan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, flattening at the previous year. In general, the export price saw a mild decline. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to Portugal stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+X%).

Imports of Flax, Raw Or Retted

Imports into Spain

In 2021, the amount of flax, raw or retted imported into Spain surged to X tons, growing by X% on 2020 figures. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, flax, raw or retted imports surged to $X in 2021. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, India (X tons) was the main flax, raw or retted supplier to Spain, with a X% share of total imports. It was followed by France (X tons), with less than X% share of total imports.

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

In value terms, India ($X) constituted the largest supplier of flax, raw or retted to Spain, comprising X% of total imports. The second position in the ranking was held by France ($X), with less than X% share of total imports.

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

Import Prices by Country

In 2021, the average flax, raw or retted import price amounted to $X per ton, increasing by less than X% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, flax, raw or retted import price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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