Brazil: Flax Fiber Market 2022

Flax Fiber Market Size in Brazil

The Brazilian flax fiber market skyrocketed to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Flax Fiber Exports

Exports from Brazil

In 2021, approx. X kg of flax fiber were exported from Brazil; which is down by -X% on 2020 figures. In general, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, flax fiber exports contracted notably to $X in 2021. Overall, exports saw a perceptible setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Angola (X kg) was the main destination for flax fiber exports from Brazil, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Angola amounted to +X%.

In value terms, Angola ($X) also remains the key foreign market for flax fiber exports from Brazil.

From 2012 to 2021, the average annual growth rate of value to Angola stood at -X%.

Export Prices by Country

In 2021, the average flax fiber export price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the export price showed a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2021, the rate of growth in terms of prices for Angola amounted to -X% per year.

Flax Fiber Imports

Imports into Brazil

In 2021, the amount of flax fiber imported into Brazil soared to X tons, picking up by X% against the previous year. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, flax fiber imports soared to $X in 2021. Over the period under review, total imports indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest flax fiber supplier to Brazil, with a X% share of total imports. Moreover, flax fiber imports from Belgium exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium was relatively modest.

In value terms, Belgium ($X) and Lithuania ($X) appeared to be the largest flax fiber suppliers to Brazil.

In terms of the main suppliers, Lithuania, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

In 2021, the average flax fiber import price amounted to $X per ton, surging by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Lithuania ($X per ton), while the price for Belgium totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+X%).

Source: IndexBox Market Intelligence Platform