Italy - Flax Fiber - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Italy - Flax Fiber - Market Analysis, Forecast, Size, Trends and Insights

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Flax Fiber Price in Italy - 2023

Contents:

  1. Flax Fiber Price in Italy (FOB) - 2022
  2. Flax Fiber Price in Italy (CIF) - 2023
  3. Flax Fiber Exports in Italy
  4. Flax Fiber Imports in Italy

Flax Fiber Price in Italy (FOB) - 2022

The average flax fiber export price stood at $49,314 per ton in 2022, with an increase of 30% against the previous year. In general, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2021 an increase of 291% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($150,871 per ton), while the average price for exports to Lithuania ($4,871 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 the UK (+21.0%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Price in Italy (CIF) - 2023

The average flax fiber import price stood at $9,844 per ton in July 2023, picking up by 29% against the previous month. Overall, import price indicated buoyant growth from July 2022 to July 2023: its price increased at an average monthly rate of +5.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, flax fiber import price increased by +36.2% against May 2023 indices. The growth pace was the most rapid in November 2022 when the average import price increased by 73% m-o-m. The import price peaked in July 2023.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Lithuania ($10,273 per ton), while the price for Egypt ($3,455 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Tunisia (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Fiber Exports in Italy

Flax fiber exports from Italy surged to 1.6K tons in 2022, rising by 20% compared with 2021 figures. Over the period under review, total exports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -24.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 2.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, flax fiber exports soared to $77M in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 147%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Flax Fiber in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A12.719.755.1%
United States2.53.75.69.857.7%
Turkey2.11.33.86.545.7%
China1.31.93.75.460.7%
Lithuania4.32.33.83.8-4.0%
Japan1.51.61.93.633.9%
Tunisia1.20.41.01.814.5%
Others6.78.817.026.257.5%
Total19.720.049.376.957.5%

Top Export Markets for Flax Fiber from Italy in 2022:

  1. Lithuania (786.6 tons)
  2. Tunisia (185.2 tons)
  3. United Kingdom (151.2 tons)
  4. United States (86.6 tons)
  5. Turkey (54.5 tons)
  6. China (40.1 tons)
  7. Japan (24.0 tons)

Flax Fiber Imports in Italy

After three years of growth, supplies from abroad of flax fiber decreased by -40.2% to 2.2K tons in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 121%. As a result, imports reached the peak of 3.6K tons, and then contracted dramatically in the following year.

In value terms, flax fiber imports fell significantly to $14M in 2022. Overall, imports, however, showed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. As a result, imports reached the peak of $19M, and then contracted rapidly in the following year.

Import of Flax Fiber in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2.92.04.39.246.9%
Belgium3.11.31.62.4-8.2%
Egypt0.80.60.50.80.0%
Austria0.30.26.40.838.7%
Romania1.14.90.40.7-14.0%
Spain0.2N/A1.2N/A144.9%
France0.3N/A0.6N/A41.4%
Others0.30.24.50.1-30.7%
Total9.09.219.514.116.1%

Top Suppliers of Flax Fiber to Italy in 2022:

  1. Spain (undefined tons)
  2. Lithuania (1374.6 tons)
  3. Belgium (284.9 tons)
  4. Egypt (205.6 tons)
  5. Austria (167.2 tons)
  6. Romania (119.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the flax fiber market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 773 - Flax fibre and tow

Country coverage:

  • Italy

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Italy
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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