Sweden: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Sweden

In 2021, the Swedish flax, raw or retted market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. Overall, consumption, however, posted a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020, and then fell rapidly in the following year.

Production of Flax, Raw Or Retted in Sweden

In value terms, flax, raw or retted production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then reduced markedly in the following year.

The average yield of flax, raw or retted in Sweden amounted to less than X kg per ha in 2021, remaining relatively unchanged against 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.

In 2021, the flax, raw or retted harvested area in Sweden was estimated at less than X ha, approximately equating 2020. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Sweden

In 2021, shipments abroad of flax, raw or retted increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, flax, raw or retted exports surged to $X in 2021. In general, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.

Exports by Country

The United States (X tons), Norway (X tons) and Lithuania (X tons) were the main destinations of flax, raw or retted exports from Sweden, together comprising X% of total exports. These countries were followed by Denmark and Finland, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the United States ($X) and Finland ($X) constituted the largest markets for flax, raw or retted exported from Sweden worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average flax, raw or retted export price stood at $X per ton in 2021, jumping by X% against the previous year. Overall, the export price recorded buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flax, Raw Or Retted

Imports into Sweden

In 2021, approx. X kg of flax, raw or retted were imported into Sweden; shrinking by -X% against the previous year's figure. In general, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, flax, raw or retted imports soared to $X in 2021. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) constituted the largest flax, raw or retted supplier to Sweden, with a X% share of total imports. Moreover, flax, raw or retted imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X kg), twofold. China (X kg) ranked third in terms of total imports with less than X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (-X% per year).

In value terms, the United States ($X) constituted the largest supplier of flax, raw or retted to Sweden, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Germany, with less than X% share.

From 2012 to 2021, the average annual growth rate of value from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Germany (+X% per year).

Import Prices by Country

In 2021, the average flax, raw or retted import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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