United Kingdom: Flax Fiber Market 2024

Flax Fiber Market Size in the UK

The UK flax fiber market stood at $X in 2022, with an increase of 1.8% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Flax Fiber Production in the UK

In value terms, flax fiber production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 30%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

The average yield of flax fiber in the UK was estimated at X tons per ha in 2022, remaining relatively unchanged against the previous year. Over the period under review, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by 2% against the previous year. The flax fiber yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of flax fiber production in the UK stood at X ha, leveling off at the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 7%. Over the period under review, the harvested area dedicated to flax fiber production reached the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Flax Fiber Exports

Exports from the UK

In 2022, flax fiber exports from the UK contracted significantly to X tons, with a decrease of -90.6% on the previous year. Overall, exports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2014 with an increase of 216%. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, flax fiber exports contracted sharply to $X in 2022. Over the period under review, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 146% against the previous year. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) was the main destination for flax fiber exports from the UK, accounting for a 71% share of total exports. Moreover, flax fiber exports to Poland exceeded the volume sent to the second major destination, Oman (X kg), fivefold. New Zealand (X kg) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to Poland amounted to +95.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and New Zealand (-20.7% per year).

In value terms, Poland ($X), Oman ($X) and New Zealand ($X) appeared to be the largest markets for flax fiber exported from the UK worldwide, with a combined 85% share of total exports.

Poland, with a CAGR of +109.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average flax fiber export price amounted to $X per ton, growing by 314% against the previous year. Overall, the export price showed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into the UK

In 2022, flax fiber imports into the UK soared to X tons, picking up by 196% on the year before. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 209% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, flax fiber imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), Belarus (X tons) and Lithuania (X tons) were the main suppliers of flax fiber imports to the UK, with a combined 90% share of total imports. China and the Netherlands lagged somewhat behind, together accounting for a further 8.6%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +47.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest flax fiber suppliers to the UK were Belarus ($X), Belgium ($X) and China ($X), with a combined 79% share of total imports.

Among the main suppliers, China, with a CAGR of +38.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average flax fiber import price stood at $X per ton in 2022, with an increase of 3.7% against the previous year. Overall, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+22.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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