Eastern Asia: Flax Fiber Market 2024

Flax Fiber Market Size in Eastern Asia

The East Asian flax fiber market totaled $X in 2022, picking up by X% against the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Production in Eastern Asia

In value terms, flax fiber production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

China (X tons) remains the largest flax fiber producing country in Eastern Asia, comprising approx. X% of total volume. It was followed by Taiwan (Chinese) (X tons), with a X% share of total production.

From 2012 to 2022, the average annual rate of growth in terms of volume in China stood at X%.

The average flax fiber yield fell modestly to X tons per ha in 2022, declining by X% compared with the year before. In general, the yield showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the flax fiber yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of flax fiber were harvested in Eastern Asia; surging by X% against the previous year's figure. Over the period under review, the harvested area, however, recorded a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to flax fiber production attained the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Flax Fiber Exports

Exports in Eastern Asia

In 2022, overseas shipments of flax fiber decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports, however, posted a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, flax fiber exports dropped markedly to $X in 2022. In general, exports, however, continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

In 2022, China (X tons) represented the key exporter of flax fiber, committing X% of total exports. It was distantly followed by Taiwan (Chinese) (X tons) and Japan (X tons), together committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to flax fiber exports from China stood at X%. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Taiwan (Chinese) (X%) illustrated a downward trend over the same period. Japan (X p.p.) and China (X p.p.) significantly strengthened its position in terms of the total exports, while Taiwan (Chinese) saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest flax fiber supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and Japan (X% per year).

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the other leaders experienced a decline in the export price figures.

Flax Fiber Imports

Imports in Eastern Asia

In 2022, supplies from abroad of flax fiber decreased by X% to X tons, falling for the second year in a row after four years of growth. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X%. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, flax fiber imports rose rapidly to $X in 2022. Over the period under review, imports, however, posted prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) represented the major importer of flax fiber in Eastern Asia, making up X% of total import.

China was also the fastest-growing in terms of the flax fiber imports, with a CAGR of X% from 2012 to 2022. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported flax fiber in Eastern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled X%.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, increasing by X% against the previous year. Import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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