India - Flax, Raw Or Retted - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Flax, Raw or Retted in India - 2023
Contents:
- Price for Flax, Raw or Retted in India (FOB) - 2023
- Price for Flax, Raw or Retted in India (CIF) - 2022
- Exports of Flax, Raw or Retted in India
- Imports of Flax, Raw or Retted in India
Price for Flax, Raw or Retted in India (FOB) - 2023
The average flax, raw or retted export price stood at $3,733 per ton in September 2023, approximately mirroring the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 an increase of 19% month-to-month. Over the period under review, the average export prices attained the maximum at $4,206 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In September 2023, the country with the highest price was Belgium ($3,895 per ton), while the average price for exports to Spain totaled $3,387 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flax, Raw or Retted in India (CIF) - 2022
The average flax, raw or retted import price stood at $4,418 per ton in 2022, shrinking by -1.9% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax, raw or retted import price increased by +93.5% against 2017 indices. The pace of growth was the most pronounced in 2020 an increase of 38%. Over the period under review, average import prices reached the maximum at $4,505 per ton in 2021, and then fell in the following year.
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 France ($4,775 per ton), while the price for Bangladesh ($877 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flax, Raw or Retted in India
After three years of growth, overseas shipments of flax, raw or retted decreased by -15.4% to 398 tons in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, the exports attained the peak of 470 tons, and then fell markedly in the following year.
In value terms, flax, raw or retted exports declined modestly to $1.4M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. As a result, the exports attained the peak of $1.4M, and then fell modestly in the following year.
| Export of Flax, Raw or Retted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 60.2 | 128 | 390 | 411 | 89.7% |
| Belgium | 42.2 | 60.2 | 141 | 398 | 111.3% |
| Bangladesh | 290 | 459 | 118 | 262 | -3.3% |
| Poland | N/A | N/A | N/A | 214 | 0% |
| Lithuania | N/A | 61.0 | 511 | 109 | 33.7% |
| China | 97.7 | 129 | 186 | N/A | 38.0% |
| Indonesia | 89.9 | 50.8 | 12.8 | N/A | -62.3% |
| Oman | 35.1 | 34.3 | 38.8 | N/A | 5.1% |
| Others | 17.8 | 20.0 | 28.0 | 3.1 | -44.2% |
| Total | 632 | 943 | 1,426 | 1,396 | 30.2% |
Top Export Markets for Flax, Raw or Retted from India in 2022:
- Spain (136.9 tons)
- Belgium (107.4 tons)
- Bangladesh (70.1 tons)
- Poland (55.0 tons)
- Lithuania (26.6 tons)
Imports of Flax, Raw or Retted in India
In 2022, after three years of growth, there was significant decline in overseas purchases of flax, raw or retted, when their volume decreased by -20.1% to 84 tons. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 203% against the previous year.
In value terms, flax, raw or retted imports reduced notably to $373K in 2022. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 318% against the previous year.
| Import of Flax, Raw or Retted in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.4 | 73.2 | 142 | 188 | 125.5% |
| Belgium | 38.7 | 171 | 301 | 172 | 64.4% |
| United States | 2.6 | 10.7 | 17.6 | 9.4 | 53.5% |
| Bangladesh | 1.1 | 4.1 | 5.9 | 2.8 | 36.5% |
| Egypt | 5.9 | 10.8 | 7.9 | 0.8 | -48.6% |
| Others | 0.1 | 0.4 | 0.6 | 0.3 | 44.2% |
| Total | 64.7 | 270 | 476 | 373 | 79.3% |
Top Suppliers of Flax, Raw or Retted to India in 2022:
- France (39.3 tons)
- Belgium (36.5 tons)
- United States (5.2 tons)
- Bangladesh (3.2 tons)
- Egypt (0.3 tons)
This report provides an in-depth analysis of the market for flax, raw or retted in India. 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 771 - Flax, raw or retted
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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