Norway: Flax Fabric Market 2024

Flax Fabric Market Size in Norway

The Norwegian flax fabric market dropped markedly to $X in 2022, which is down by X% against the previous year. In general, consumption saw a significant decrease. Flax fabric consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Flax Fabric Production in Norway

In value terms, flax fabric production soared to $X in 2022 estimated in export price. Overall, production saw a abrupt curtailment. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Flax Fabric Exports

Exports from Norway

Flax fabric exports from Norway rose markedly to X square meters in 2022, picking up by X% compared with 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, flax fabric exports stood at $X in 2022. Overall, exports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X square meters) was the main destination for flax fabric exports from Norway, accounting for a X% share of total exports. Moreover, flax fabric exports to Sweden exceeded the volume sent to the second major destination, Vietnam (X square meters), sixfold. Thailand (X square meters) ranked third in terms of total exports with a X% share.

From 2020 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

In value terms, Sweden ($X) remains the key foreign market for woven fabrics of flax exports from Norway, comprising X% of total exports. The second position in the ranking was held by Vietnam ($X), with a X% share of total exports. It was followed by Estonia, with a X% share.

From 2020 to 2022, the average annual growth rate of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2022, the average flax fabric export price amounted to $X per square meter, which is down by X% against the previous year. Over the period under review, the export price faced a sharp setback. Over the period under review, the average export prices reached the peak figure at $X per square meter in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($X per square meter), while the average price for exports to Sweden ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced a decline.

Flax Fabric Imports

Imports into Norway

In 2022, purchases abroad of woven fabrics of flax decreased by X% to X square meters for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X square meters, and then reduced remarkably in the following year.

In value terms, flax fabric imports shrank to $X in 2022. In general, imports recorded a perceptible descent. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest flax fabric supplier to Norway, accounting for a X% share of total imports. Moreover, flax fabric imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), threefold. Italy (X square meters) ranked third in terms of total imports with a X% share.

From 2020 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Italy (X% per year).

In value terms, the largest flax fabric suppliers to Norway were Italy ($X), Belgium ($X) and the UK ($X), with a combined X% share of total imports. China, Sweden, Turkey, France, India, Germany, Lithuania, Spain, Belarus and Russia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Belarus, with a CAGR of X%, recorded 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

In 2022, the average flax fabric import price amounted to $X per square meter, growing by X% against the previous year. In general, import price indicated a prominent expansion from 2020 to 2022: its price increased at an average annual rate of X% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax fabric import price increased by X% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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