Eastern Europe: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Eastern Europe

In 2021, the East European flax, raw or retted market increased by less than X% to $X, rising for the third year in a row after six years of decline. Over the period under review, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Flax, Raw Or Retted in Eastern Europe

In value terms, flax, raw or retted production shrank slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a slight contraction. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Slovakia (X tons) remains the largest flax, raw or retted producing country in Eastern Europe, comprising approx. X% of total volume. Moreover, flax, raw or retted production in Slovakia exceeded the figures recorded by the second-largest producer, Hungary (X tons), twofold. The third position in this ranking was taken by Russia (X tons), with a X% share.

In Slovakia, flax, raw or retted production remained relatively stable over the period from 2012-2021. The remaining producing countries recorded the following average annual rates of production growth: Hungary (-X% per year) and Russia (+X% per year).

Exports of Flax, Raw Or Retted

Exports in Eastern Europe

For the third consecutive year, Eastern Europe recorded decline in shipments abroad of flax, raw or retted, which decreased by -X% to X tons in 2021. In general, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2015 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 shrank rapidly to $X in 2021. Over the period under review, exports saw a abrupt slump. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Belarus (X tons) was the main exporter of flax, raw or retted, mixing up X% of total exports. It was distantly followed by Poland (X tons), constituting a X% share of total exports. Russia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Russia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest flax, raw or retted supplying countries in Eastern Europe were Poland ($X), Belarus ($X) and Russia ($X), together accounting for X% of total exports.

In terms of the main exporting countries, Russia, with a CAGR of +X%, saw 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

The export price in Eastern Europe stood at $X per ton in 2021, dropping by -X% against the previous year. Overall, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Imports of Flax, Raw Or Retted

Imports in Eastern Europe

Flax, raw or retted imports skyrocketed to X tons in 2021, rising by X% on 2020. Over the period under review, imports enjoyed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, flax, raw or retted imports soared to $X in 2021. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Lithuania (X tons) and Russia (X tons) represented the key importers of flax, raw or retted in 2021, reaching near X% and X% of total imports, respectively. Poland (X tons) held the next position in the ranking, followed by Ukraine (X tons) and Romania (X tons). All these countries together held approx. X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Russia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X) constitutes the largest market for imported flax, raw or retted in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Ukraine, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Lithuania stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Poland (-X% per year) and Ukraine (+X% per year).

Import Prices by Country

In 2021, the import price in Eastern Europe amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Ukraine ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

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Source: IndexBox Platform

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