Flax Market

Flax market: find new information secured by an Ai-driven market intelligence tool. Statistics contain companies, trade, imports, production, exports, market prices, consumption, and market size. There is a split by region, including Latin America, EU, Russia, Africa, China, the Middle East, the U.K., and the U.S. Market dynamics and outlook to 2030 are also featured in the snapshots.

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Flax - World's Largest Markets

Rating	Country
1	Netherlands
2	Belgium
3	Canada
4	Egypt
5	China

In value terms, the largest flax, raw or retted markets worldwide were the Netherlands, Belgium and Canada, together accounting for 65% of the global market.

In terms of the main consuming countries, the Netherlands (+653.2% per year) saw the highest growth rate of market size, over the period under review, while flax, raw or retted market for the other global leaders experienced more modest paces of growth.

Flax, Raw Or Retted Prices

Lowest Prices - FOB - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
Netherlands	842	729	650	-12.1%
Canada	769	603	689	-5.3%
Egypt	1062	1014	969	-4.5%
Bangladesh	1175	1282	1399	9.1%
Belgium	672	928	1905	68.4%
India	3996	4037	3516	-6.2%
United States	1626	2758	3824	53.4%
Average	791	842	1422	34.1%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($3,824 per ton), while the Netherlands ($650 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+68.4% per year), while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	USD per ton			CAGR, 2018-2020
China	1021	1257	1904	36.6%
Belgium	1463	1879	1775	10.1%
Netherlands	1067	443	402	-38.6%
Average	1320	1553	1053	-10.7%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was China ($1,904 per ton), while the Netherlands ($402 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced mixed trends in the import price figures.

Flax, Raw or Retted - Top Importers

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Belgium	0.2	0.2	12	728.8%
Netherlands	0.1	0.06	4.9	508.1%
China	4.6	3.5	2.1	-32.8%

In value terms, Belgium ($12M) constitutes the largest market for imported flax, raw or retted worldwide, comprising 52% of global imports. The second position in the ranking was occupied by the Netherlands ($4.9M), with a 22% share of global imports.

In Belgium, flax, raw or retted imports expanded at an average annual rate of +728.8% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: the Netherlands (+508.1% per year) and China (-32.8% per year).

Flax, Raw or Retted - Top Exporters

COUNTRY	2018	2019	2020	CAGR, 2018-2020
COUNTRY	million USD			CAGR, 2018-2020
Egypt	2.6	2.5	2.4	-4.3%
United States	0.6	1.3	1.2	45.7%
India	0.3	0.6	0.9	71.6%
Belgium	0.4	0.9	0.3	-5.3%
Netherlands	0.1	0.05	0.3	70.9%

In value terms, the largest flax, raw or retted supplying countries worldwide were Egypt ($2.4M), the United States ($1.2M) and India ($943K), together comprising 70% of global exports.

In terms of the main exporting countries, India (+71.6% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Flax, Raw or Retted - Market Forecast

The flax, raw or retted market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -4.7% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.