Canada: Flax Fiber Market 2024

Flax Fiber Market Size in Canada

After two years of growth, the Canadian flax fiber market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Flax fiber consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Production in Canada

In value terms, flax fiber production totaled $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

The average yield of flax fiber in Canada contracted modestly to X tons per ha in 2022, reducing by X% compared with 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2015 to 2022, the growth of the average flax fiber yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of flax fiber production in Canada reached X ha, increasing by X% against the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2015 to 2022, the growth of the flax fiber harvested area remained at a lower figure.

Flax Fiber Exports

Exports from Canada

Flax fiber exports from Canada expanded markedly to X tons in 2022, with an increase of X% compared with the previous year. Over the period under review, exports recorded strong growth. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, flax fiber exports stood at $X in 2022. Overall, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Poland (X tons) and the UK (X tons) were the main destinations of flax fiber exports from Canada.

From 2014 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%).

In value terms, Poland ($X) and the UK ($X) constituted the largest markets for flax fiber exported from Canada worldwide.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average flax fiber export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the UK totaled $X per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (X%), while the prices for the other major destinations experienced a decline.

Flax Fiber Imports

Imports into Canada

In 2022, supplies from abroad of flax fiber decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, flax fiber imports dropped sharply to $X in 2022. Over the period under review, imports, however, posted a resilient increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X tons), France (X tons) and Austria (X tons) were the main suppliers of flax fiber imports to Canada, together accounting for X% of total imports. Sweden lagged somewhat behind, accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Austria ($X) appeared to be the largest flax fiber suppliers to Canada, with a combined X% share of total imports. These countries were followed by Sweden, which accounted for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 fiber import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable reduction. The growth pace was the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($X per ton) and Sweden ($X per ton), while the price for France ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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