Mexico: Flax Fiber Market Overview 2021

Flax Fiber Market Size in Mexico

The Mexican flax fiber market expanded slightly 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 2010 when the market value increased by X% year-to-year. Flax fiber consumption peaked in 2020 and is likely to continue growth in the immediate term.

Flax Fiber Exports

Exports from Mexico

In 2020, the amount of flax fiber exported from Mexico rose slightly to X kg, with an increase of X% on the year before. In general, exports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. As a result, exports attained the peak of X tonnes. From 2010 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, flax fiber exports expanded slightly to $X in 2020. Overall, exports, however, faced a drastic downturn. The pace of growth appeared the most rapid in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

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 totaled -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 rate of growth in terms of value to Canada amounted to -X%.

Export Prices by Country

The average flax fiber export price stood at $X per tonne in 2020, remaining stable against the previous year. Overall, the export price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, export prices failed to regain the momentum.

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

In 2020, the amount of flax fiber imported into Mexico totaled X tonnes, approximately equating the previous year's figure. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2020 and are likely to see steady growth in years to come.

In value terms, flax fiber imports reached $X in 2020. In general, imports posted a significant expansion. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Canada (X tonnes) was the main 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.

In value terms, China ($X) and Canada ($X) constituted the largest flax fiber suppliers to Mexico, together accounting for X% of total imports.

China recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

In 2020, the average flax fiber import price amounted to $X per tonne, flattening at the previous year. In general, the import price showed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 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 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 amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China.

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) remains the largest flax fiber consuming country worldwide, accounting for 57% of total volume. Moreover, flax fiber consumption in France exceeded the figures recorded by the second-largest consumer, China (188K tonnes), threefold. The third position in this ranking was occupied by Russia (39K tonnes), with a 4.3% share.

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

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France (692K tonnes) constituted the country with the largest volume of flax fiber production, comprising approx. 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 Mexico?

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In value terms, the largest flax fiber suppliers to Mexico were China ($84K) and Canada ($50K), with a combined 67% share of total imports.

What are the leading importers of flax fiber from Mexico?

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In value terms, Canada ($339) remains the key foreign market for flax fiber exports from Mexico.

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

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In 2020, the average flax fiber export price amounted to $3,827 per tonne, remaining relatively unchanged against the previous year.

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

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The average flax fiber import price stood at $13,980 per tonne in 2020, standing approx. at the previous year.