Estonia: Flax Fiber Market 2024

Flax Fiber Market Size in Estonia

The Estonian flax fiber market skyrocketed to $X in 2022, picking up by X% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Flax fiber consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Flax Fiber Production in Estonia

In value terms, flax fiber production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of flax fiber in Estonia stood at X tons per ha, remaining constant against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha; afterwards, it flattened through to 2022. 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 Estonia; remaining relatively unchanged against 2021 figures. Over the period under review, the harvested area showed a slight descent. The growth pace was the most rapid in 2014 when the harvested area decreased by X% against the previous year. The flax fiber harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Flax Fiber Exports

Exports from Estonia

In 2022, shipments abroad of flax fiber decreased by X% to X tons, falling for the second year in a row after three years of growth. Overall, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, flax fiber exports rose slightly to $X in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Denmark (X kg), the Netherlands (X kg) and Latvia (X kg) were the main destinations of flax fiber exports from Estonia.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Denmark ($X) emerged as the key foreign market for flax fiber exports from Estonia, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Denmark totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and Latvia (X% per year).

Export Prices by Country

The average flax fiber export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price posted significant growth. As a result, the export 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 suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into Estonia

Flax fiber imports into Estonia shrank notably to X kg in 2022, declining by X% on 2021. Over the period under review, imports recorded a deep reduction. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, flax fiber imports fell significantly to $X in 2022. Overall, imports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X kg) constituted the largest supplier of flax fiber to Estonia, accounting for a X% share of total imports. Moreover, flax fiber imports from Denmark exceeded the figures recorded by the second-largest supplier, Latvia (X kg), sixfold.

From 2012 to 2022, the average annual growth rate of volume from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and the Netherlands (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of flax fiber to Estonia, comprising X% of total imports. The second position in the ranking was taken by Latvia ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average flax fiber import price amounted to $X per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Latvia ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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