Mexico: Flax Fiber Market 2022

Flax Fiber Exports

Exports from Mexico

In 2020, the amount of flax fiber exported from Mexico stood at X kg, increasing by X% against the year before. In general, exports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2009 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tonnes. From 2010 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, flax fiber exports expanded to $X in 2020. Over the period under review, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

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

From 2007 to 2020, the average annual growth rate of volume to Canada stood at -X%.

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

From 2007 to 2020, the average annual growth rate of value to Canada stood at -X%.

Export Prices by Country

In 2020, the average flax fiber export price amounted to $X per tonne, flattening at the previous year. Overall, the export price continues to indicate tangible growth. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% year-to-year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.

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

From 2007 to 2020, the rate of growth in terms of prices for Canada amounted to +X% per year.

Flax Fiber Imports

Imports into Mexico

For the sixth consecutive year, Mexico recorded growth in supplies from abroad of flax fiber, which increased by X% to X tonnes in 2020. Overall, imports posted prominent growth. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Imports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, flax fiber imports stood at $X in 2020. Over the period under review, imports saw a significant expansion. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest flax fiber supplier to Mexico, accounting for a X% share of total imports. Moreover, flax fiber imports from Canada exceeded the figures recorded by the second-largest supplier, China (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and France (+X% per year).

In value terms, China ($X), Canada ($X) and France ($X) constituted the largest flax fiber suppliers to Mexico, with a combined X% share of total imports.

Among the main suppliers, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average flax fiber import price stood at $X per tonne in 2020, remaining relatively unchanged against the previous year. Over the period under review, the import price saw buoyant growth. The growth pace was the most rapid 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.

Prices varied noticeably by the country of origin: the country with the highest price was China ($X per tonne), while the price for Canada ($X per tonne) was amongst the lowest.

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

Source: IndexBox Platform