Indonesia: Flax Fiber Market Overview 2021

Flax Fiber Market Size in Indonesia

The Indonesian flax fiber market skyrocketed to $X in 2020, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Flax fiber consumption peaked at $X in 2018; however, from 2019 to 2020, consumption failed to regain the momentum.

Flax Fiber Exports

Exports from Indonesia

In 2020, shipments abroad of flax fiber increased by X% to X kg, rising for the fourth consecutive year after two years of decline. Over the period under review, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2015 to 2020, the growth exports remained at a lower figure.

In value terms, flax fiber exports amounted to $X in 2020. In general, exports enjoyed a strong increase. The growth pace was the most rapid in 2014 with an increase of X% y-o-y. As a result, exports reached the peak of $X. From 2015 to 2020, the growth exports remained at a lower figure.

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 totaled +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 rate of growth in terms of value to Norway totaled +X%.

Export Prices by Country

The average flax fiber export price stood at $X per tonne in 2018, picking up by X% against the previous year. In general, the export price saw a resilient increase. The export price peaked at $X per tonne in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

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, approx. X tonnes of flax fiber were imported into Indonesia; picking up by X% on 2019. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, flax fiber imports skyrocketed to $X in 2020. In general, imports saw a significant increase. The growth pace was the most rapid in 2015 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Japan (X tonnes), Belgium (X tonnes) and Taiwan (Chinese) (X tonnes) were the main suppliers of flax fiber imports to Indonesia, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Belgium, while purchases for the other leaders experienced mixed trend patterns.

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 a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

The average flax fiber import price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Taiwan (Chinese) ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for flax fiber in the world?

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France (527K tonnes) constituted the country with the largest volume of flax fiber consumption, comprising approx. 57% of total volume. Moreover, flax fiber consumption in France exceeded the figures recorded by the second-largest consumer, China (188K tonnes), threefold. Russia (39K tonnes) ranked third in terms of total consumption with a 4.3% share.

What are the largest producers of flax fiber in the world?

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France (692K tonnes) remains the largest flax fiber producing country worldwide, accounting for 75% of total volume. Moreover, flax fiber production in France exceeded the figures recorded by the second-largest producer, Belgium (96K tonnes), sevenfold. Belarus (40K tonnes) ranked third in terms of total production with a 4.4% share.

What are the leading suppliers of flax fiber to Indonesia?

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In value terms, Japan ($243K) constituted the largest supplier of flax fiber to Indonesia, comprising 58% of total imports. The second position in the ranking was occupied by Belgium ($109K), with a 26% share of total imports.

What are the leading importers of flax fiber from Indonesia?

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In value terms, Norway ($664) remains the key foreign market for flax fiber exports from Indonesia.

What is the average export price for flax fiber in Indonesia?

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In 2018, the average flax fiber export price amounted to $7,977 per tonne, increasing by 78% against the previous year.

What is the average import price for flax fiber in Indonesia?

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The average flax fiber import price stood at $4,393 per tonne in 2020, increasing by 7.2% against the previous year.