Chile: Flax Fabric Market 2024

Flax Fabric Market Size in Chile

After ten years of growth, the Chilean flax fabric market decreased by X% to $X in 2022. In general, consumption continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then reduced sharply in the following year.

Flax Fabric Production in Chile

In value terms, flax fabric production surged to $X in 2022 estimated in export price. In general, production, however, faced a deep downturn. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Flax Fabric Exports

Exports from Chile

In 2022, approx. X square meters of woven fabrics of flax were exported from Chile; rising by X% compared with the previous year's figure. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric exports declined slightly to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X square meters) was the main destination for flax fabric exports from Chile, with a X% share of total exports. Moreover, flax fabric exports to the United States exceeded the volume sent to the second major destination, the UK (X square meters), twofold. The third position in this ranking was taken by Uruguay (X square meters), with a X% share.

From 2020 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Uruguay (X% per year).

In value terms, the United States ($X), the UK ($X) and Uruguay ($X) appeared to be the largest markets for flax fabric exported from Chile worldwide, with a combined X% share of total exports.

The UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average flax fabric export price stood at $X per square meter in 2022, which is down by X% against the previous year. Overall, the export price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per square meter, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($X per square meter), while the average price for exports to Uruguay ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Chile

After ten years of growth, supplies from abroad of woven fabrics of flax decreased by X% to X square meters in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of X square meters, and then fell in the following year.

In value terms, flax fabric imports shrank markedly to $X in 2022. Overall, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then contracted remarkably in the following year.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of flax fabric to Chile, accounting for a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Spain (X square meters), more than tenfold. Brazil (X square meters) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Brazil (X% per year).

In value terms, China ($X) constituted the largest supplier of woven fabrics of flax to Chile, comprising X% of total imports. The second position in the ranking was held by Spain ($X), with an X% share of total imports. It was followed by Belgium, with a X% share.

From 2020 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average flax fabric import price amounted to $X per square meter, dropping by X% against the previous year. Overall, the import price saw a pronounced decline. The most prominent rate of growth was recorded in 2021 a decrease of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per square meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Spain ($X per square meter), while the price for Mexico ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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