Global Flax Fiber Market 2024

Flax Fiber Market Size

The global flax fiber market amounted to $X in 2022, picking up by 3.5% against the previous year. In general, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -5.6% against 2020 indices. Global consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Flax Fiber Production

In value terms, flax fiber production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 22%. Over the period under review, global production hit record highs at $X in 2020; afterwards, it flattened through to 2022.

France (X tons) constituted the country with the largest volume of flax fiber production, comprising approx. 74% of total volume. Moreover, flax fiber production in France exceeded the figures recorded by the second-largest producer, Belgium (X tons), sixfold. The third position in this ranking was taken by Belarus (X tons), with a 4.3% share.

In France, flax fiber production expanded at an average annual rate of +3.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (+5.8% per year) and Belarus (-2.5% per year).

In 2022, the global average yield of flax fiber rose slightly to X tons per ha, picking up by 1.8% on 2021 figures. The yield figure increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by 17% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average flax fiber yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of flax fiber were harvested worldwide; leveling off at the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 8.9%. The global harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area failed to regain momentum.

Flax Fiber Exports

Exports

For the sixth year in a row, the global market recorded growth in shipments abroad of flax fiber, which increased by 4.9% to X tons in 2022. In general, total exports indicated a buoyant increase from 2012 to 2022: its volume increased at an average annual rate of +8.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.5% against 2016 indices. The pace of growth was the most pronounced in 2013 with an increase of 27% against the previous year. Over the period under review, the global exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, flax fiber exports surged to $X in 2022. Overall, exports continue to indicate prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) and Belgium (X tons) dominates exports structure, together comprising 87% of total exports. It was distantly followed by Belarus (X tons), making up a 4.7% share of total exports. Egypt (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +15.0%), while the other global leaders experienced more modest paces of growth.

In value terms, France ($X), Belgium ($X) and Egypt ($X) were the countries with the highest levels of exports in 2022, together accounting for 88% of global exports.

Egypt, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average flax fiber export price stood at $X per ton in 2022, growing by 28% against the previous year. In general, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.5%), while the other global leaders experienced more modest paces of growth.

Flax Fiber Imports

Imports

In 2022, purchases abroad of flax fiber decreased by -0.1% to X tons, falling for the second consecutive year after four years of growth. The total import volume increased at an average annual rate of +5.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 28%. Global imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, flax fiber imports expanded notably to $X in 2022. Overall, imports, however, posted strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by 32% against the previous year. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China was the key importer of flax fiber in the world, with the volume of imports reaching X tons, which was approx. 46% of total imports in 2022. Belgium (X tons) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by India (12%) and the Netherlands (9.5%). Lithuania (X tons), Vietnam (X tons) and Russia (X tons) took a relatively small share of total imports.

Imports into China increased at an average annual rate of +3.6% from 2012 to 2022. At the same time, Vietnam (+143.9%), India (+21.1%), the Netherlands (+12.7%), Belgium (+7.5%), Russia (+4.4%) and Lithuania (+3.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of +143.9% from 2012-2022. While the share of India (+8.6 p.p.), the Netherlands (+4.5 p.p.), Vietnam (+2.3 p.p.) and Belgium (+2 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of China (-10.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported flax fiber worldwide, comprising 55% of global imports. The second position in the ranking was held by India ($X), with a 13% share of global imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +9.9%. In the other countries, the average annual rates were as follows: India (+23.2% per year) and Belgium (+12.8% per year).

Import Prices by Country

In 2022, the average flax fiber import price amounted to $X per ton, with an increase of 14% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 22%. Global import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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