Sweden: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Sweden

In 2021, the Swedish flax, tow and waste market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, showed a deep slump. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Flax, Tow And Waste in Sweden

In value terms, flax, tow and waste production rose to $X in 2021 estimated in export price. Overall, production saw a noticeable reduction. The growth pace was the most rapid in 2018 when the production volume increased by X%. Flax, tow and waste production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

The average yield of flax, tow and waste in Sweden stood at less than X kg per ha in 2021, approximately reflecting 2020. Over the period under review, the yield continues to indicate 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 total area harvested in terms of flax, tow and waste production in Sweden stood at less than X ha, approximately equating the previous year. Overall, the harvested area showed a relatively flat trend pattern.

Exports of Flax, Tow And Waste

Exports from Sweden

For the third year in a row, Sweden recorded growth in shipments abroad of flax, tow and waste, which increased by X% to X kg in 2021. In general, exports, however, showed a perceptible setback. The exports peaked at X kg in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

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

Exports by Country

The United States (X kg) was the main destination for flax, tow and waste exports from Sweden, accounting for a X% share of total exports. Moreover, flax, tow and waste exports to the United States exceeded the volume sent to the second major destination, Norway (X kg), twofold.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and the UK (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for flax, tow and waste exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with an X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and the UK (X% per year).

Export Prices by Country

The average flax, tow and waste export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price posted a significant increase. As a result, the export price attained 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 the United States ($X per ton), while the average price for exports to Norway ($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 Norway (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flax, Tow And Waste

Imports into Sweden

In 2021, purchases abroad of flax, tow and waste was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports, however, faced a abrupt decrease. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, flax, tow and waste imports soared to $X in 2021. Over the period under review, imports, however, saw a abrupt curtailment. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) was the main supplier of flax, tow and waste to Sweden, with a X% share of total imports. It was followed by the United States (X kg), with less than X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to -X%.

In value terms, Belgium ($X) constituted the largest supplier of flax, tow and waste to Sweden, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at -X%.

Import Prices by Country

The average flax, tow and waste import price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the import price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Belgium stood at $X per ton.

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

Source: IndexBox Platform

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