Report Eastern Asia - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Eastern Asia - Flax, Raw or Retted - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Eastern Asia

In 2021, the East Asian flax, raw or retted market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a abrupt slump. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.

Production of Flax, Raw Or Retted in Eastern Asia

In value terms, flax, raw or retted production reached $X in 2021 estimated in export price. Overall, production recorded a abrupt shrinkage. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Taiwan (Chinese) (X tons) remains the largest flax, raw or retted producing country in Eastern Asia, accounting for X% of total volume. Moreover, flax, raw or retted production in Taiwan (Chinese) exceeded the figures recorded by the second-largest producer, South Korea (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume in Taiwan (Chinese) was relatively modest.

Exports of Flax, Raw Or Retted

Exports in Eastern Asia

In 2021, shipments abroad of flax, raw or retted decreased by -X% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2014 when exports increased by X%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, flax, raw or retted exports reduced notably to $X in 2021. In general, exports saw a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Japan (X tons) represented the largest exporter of flax, raw or retted, mixing up X% of total exports. It was distantly followed by South Korea (X kg), China (X kg) and Hong Kong SAR (X kg), together mixing up a X% share of total exports.

From 2012 to 2021, the biggest increases were in Japan (with a CAGR of +X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest flax, raw or retted supplying countries in Eastern Asia were China ($X), South Korea ($X) and Hong Kong SAR ($X), with a combined X% share of total exports.

Among the main exporting countries, South Korea, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Eastern Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price enjoyed a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per ton), while Japan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced more modest paces of growth.

Imports of Flax, Raw Or Retted

Imports in Eastern Asia

In 2021, after two years of growth, there was significant decline in purchases abroad of flax, raw or retted, when their volume decreased by -X% to X tons. Over the period under review, imports saw a deep downturn. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2020, and then contracted dramatically in the following year.

In value terms, flax, raw or retted imports declined rapidly to $X in 2021. In general, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined significantly in the following year.

Imports by Country

China prevails in imports structure, accounting for X tons, which was approx. X% of total imports in 2021. South Korea (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Taiwan (Chinese) (X%) and Japan (less than X%).

From 2012 to 2021, average annual rates of growth with regard to flax, raw or retted imports into China stood at -X%. At the same time, Taiwan (Chinese) (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +X% from 2012-2021. By contrast, South Korea (-X%) illustrated a downward trend over the same period. Taiwan (Chinese) (+X p.p.), China (less than X p.p.) and Japan (less than X p.p.) significantly strengthened its position in terms of the total imports, while South Korea saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported flax, raw or retted in Eastern Asia, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with less than X% share.

In China, flax, raw or retted imports shrank by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and South Korea (-X% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. Overall, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

China constituted the country with the largest volume of flax, raw or retted consumption, accounting for 69% of total volume. Moreover, flax, raw or retted consumption in China exceeded the figures recorded by the second-largest consumer, Taiwan Chinese), fourfold. South Korea ranked third in terms of total consumption with an 8.8% share.
Taiwan Chinese) remains the largest flax, raw or retted producing country in Eastern Asia, comprising approx. 94% of total volume. Moreover, flax, raw or retted production in Taiwan Chinese) exceeded the figures recorded by the second-largest producer, South Korea, more than tenfold.
In value terms, China, South Korea and Hong Kong SAR constituted the countries with the highest levels of exports in 2021, together comprising 89% of total exports.
In value terms, China constitutes the largest market for imported flax, raw or retted in Eastern Asia, comprising 85% of total imports. The second position in the ranking was taken by Japan, with a 7.6% share of total imports. It was followed by South Korea, with less than 0.1% share.
The export price in Eastern Asia stood at $8,231 per ton in 2021, surging by 281% against the previous year.
The import price in Eastern Asia stood at $3,508 per ton in 2021, with an increase of 83% against the previous year.

This report provides an in-depth analysis of the market for flax, raw or retted in Eastern Asia. 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Eastern Asia, split by region and country
  • Trade (exports and imports) in Eastern Asia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY
  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • China
    • Hong Kong SAR
    • Macao SAR
    • Japan
    • South Korea
    • Taiwan (Chinese)
    • Democratic People's Republic of Korea
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Yield And Growth
    12. Exports And Growth
    13. Export Prices And Growth
    14. Market Size And Growth
    15. Per Capita Consumption
    16. Imports And Growth
    17. Import Prices
    18. Production, In Physical Terms, 2012–2023
    19. Production, In Value Terms, 2012–2023
    20. Area Harvested, 2012–2023
    21. Yield, 2012–2023
    22. Production, By Country, 2023
    23. Production, In Physical Terms, By Country, 2012–2023
    24. Harvested Area, By Country, 2023
    25. Harvested Area, By Country, 2012-2023
    26. Yield, By Country, 2012-2023
    27. Imports, In Physical Terms, 2012–2023
    28. Imports, In Value Terms, 2012–2023
    29. Imports, In Physical Terms, By Country, 2023
    30. Imports, In Physical Terms, By Country, 2012–2023
    31. Imports, In Value Terms, By Country, 2012–2023
    32. Import Prices, By Country, 2012–2023
    33. Exports, In Physical Terms, 2012–2023
    34. Exports, In Value Terms, 2012–2023
    35. Exports, In Physical Terms, By Country, 2023
    36. Exports, In Physical Terms, By Country, 2012–2023
    37. Exports, In Value Terms, By Country, 2012–2023
    38. Export Prices, 2012–2023

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