Eastern Europe: Flax Fiber Market 2024

Flax Fiber Market Size in Eastern Europe

In 2022, the East European flax fiber market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, saw a noticeable contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Flax Fiber Production in Eastern Europe

In value terms, flax fiber production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Belarus (X tons) and Russia (X tons).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%).

The average flax fiber yield shrank slightly to X kg per ha in 2022, approximately mirroring 2021 figures. In general, the yield showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the yield reached the peak level of X kg 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, the harvested area of flax fiber in Eastern Europe stood at X ha, remaining relatively unchanged against 2021 figures. Overall, the harvested area, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2015 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to flax fiber production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Flax Fiber Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was significant decline in overseas shipments of flax fiber, when their volume decreased by X% to X tons. Overall, exports, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, and then contracted significantly in the following year.

In value terms, flax fiber exports fell to $X in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then reduced in the following year.

Exports by Country

Belarus represented the major exporting country with an export of about X tons, which reached X% of total exports. Lithuania (X tons) held the second position in the ranking, distantly followed by Latvia (X tons). All these countries together took approx. X% share of total exports. Russia (X tons) and Ukraine (X tons) held a little share of total exports.

Exports from Belarus increased at an average annual rate of X% from 2012 to 2022. At the same time, Latvia (X%), Russia (X%), Ukraine (X%) and Lithuania (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. While the share of Belarus (X p.p.), Latvia (X p.p.) and Russia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Lithuania (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lithuania ($X), Belarus ($X) and Latvia ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising X% of total exports.

In terms of the main exporting countries, Latvia, 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 more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

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

Flax Fiber Imports

Imports in Eastern Europe

After four years of growth, purchases abroad of flax fiber decreased by X% to X tons in 2022. 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 most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2021, and then reduced rapidly in the following year.

In value terms, flax fiber imports rose rapidly to $X in 2022. Total imports indicated strong growth 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, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The purchases of the four major importers of flax fiber, namely Lithuania, Russia, Poland and Latvia, represented more than two-thirds of total import. It was distantly followed by Belarus (X tons), mixing up a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Poland ($X) and Latvia ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

In terms of the main importing countries, Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, picking up by X% against the previous year. Import price indicated a moderate 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Poland ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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