Indonesia: Flax Fiber Market 2022

Flax Fiber Exports

Exports from Indonesia

In 2020, overseas shipments of flax fiber increased by X% to X kg, rising for the fourth year in a row after two years of decline. Overall, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. As a result, the exports attained the peak of X tonnes. From 2015 to 2020, the growth of the exports remained at a lower figure.

In value terms, flax fiber exports rose to $X in 2020. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. As a result, the exports reached the peak of $X. From 2015 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X kg) was the main destination for flax fiber exports from Indonesia, with a approx. X% share of total exports.

From 2007 to 2018, the average annual rate of growth in terms of volume to Norway amounted to +X%.

In value terms, Norway ($X) also remains the key foreign market for flax fiber exports from Indonesia.

From 2007 to 2018, the average annual growth rate of value to Norway stood at +X%.

Export Prices by Country

The average flax fiber export price stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the export price continues to indicate a resilient increase. Over the period under review, the average export prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2018, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Norway.

From 2007 to 2018, the rate of growth in terms of prices for Norway amounted to +X% per year.

Flax Fiber Imports

Imports into Indonesia

In 2020, the amount of flax fiber imported into Indonesia soared to X tonnes, rising by X% against the year before. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain momentum.

In value terms, flax fiber imports soared to $X in 2020. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Japan (X tonnes) constituted the largest supplier of flax fiber to Indonesia, accounting for a X% share of total imports. Moreover, flax fiber imports from Japan exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), sevenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Japan amounted to +X%.

In value terms, Japan ($X) constituted the largest supplier of flax fiber to Indonesia, comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with an X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Japan totaled +X%.

Import Prices by Country

In 2020, the average flax fiber import price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2020, the country with the highest price was Japan ($X per tonne), while the price for Belgium totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+X%).

Source: IndexBox Platform