EU: Primary Fiber Crops Market 2024

Primary Fiber Crops Market Size in the EU

The EU primary fiber crops market expanded significantly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Primary Fiber Crops Production in the EU

In value terms, primary fiber crops production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Primary Fiber Crops Exports

Exports in the EU

Primary fiber crops exports contracted remarkably to X tons in 2022, waning by X% compared with the previous year. Total exports indicated perceptible growth from 2012 to 2022: its volume 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, exports increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then contracted markedly in the following year.

In value terms, primary fiber crops exports rose remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

The biggest shipments were from Greece (X tons), Belgium (X tons) and France (X tons), together resulting at X% of total export. The Netherlands (X tons) took the next position in the ranking, followed by Spain (X tons). All these countries together held near X% share of total exports.

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

In value terms, Greece ($X), France ($X) and Belgium ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, Belgium, 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

In 2022, the export price in the European Union amounted to $X per ton, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

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

Primary Fiber Crops Imports

Imports in the EU

In 2022, purchases abroad of fiber crops (primary) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of X tons, and then dropped in the following year.

In value terms, primary fiber crops imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

The countries with the highest levels of primary fiber crops imports in 2022 were Belgium (X tons), the Netherlands (X tons), Spain (X tons), Germany (X tons), Portugal (X tons) and Italy (X tons), together finishing at X% of total import. It was distantly followed by France (X tons), making up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest primary fiber crops importing markets in the European Union were Belgium ($X), Italy ($X) and Portugal ($X), with a combined X% share of total imports.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 the European Union amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. 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 Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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