Egypt: Flax Fabric Market 2024

Flax Fabric Market Size in Egypt

The Egyptian flax fabric market fell slightly to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, faced a abrupt shrinkage. Flax fabric consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Flax Fabric Production in Egypt

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt downturn. Flax fabric production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Flax Fabric Exports

Exports from Egypt

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

In value terms, flax fabric exports fell notably to $X in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Italy (X square meters) was the main destination for flax fabric exports from Egypt, with a X% share of total exports. Moreover, flax fabric exports to Italy exceeded the volume sent to the second major destination, Turkey (X square meters), more than tenfold. The third position in this ranking was taken by China (X square meters), with a X% share.

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

In value terms, Italy ($X) remains the key foreign market for woven fabrics of flax exports from Egypt, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of value to Italy totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and China (X% per year).

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per square meter, falling by X% against the previous year. Over the period under review, the export price recorded a deep slump. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per square meter), while the average price for exports to Kuwait ($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 Italy (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Egypt

In 2022, imports of woven fabrics of flax into Egypt skyrocketed to X square meters, rising by X% compared with 2021. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax fabric imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest flax fabric supplier to Egypt, with a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Italy (X square meters), more than tenfold. The third position in this ranking was taken by India (X square meters), 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: Italy (X% per year) and India (X% per year).

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

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

Import Prices by Country

The average flax fabric import price stood at $X per square meter in 2022, growing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. Over the period under review, average import prices reached the maximum at $X per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($X per square meter) and Turkey ($X per square meter), while the price for China ($X per square meter) and Italy ($X per square meter) were amongst the lowest.

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

Source: IndexBox Platform

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