Finland: Flax Fiber Market 2024

Flax Fiber Market Size in Finland

The Finnish flax fiber market skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption recorded a prominent expansion. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Flax Fiber Production in Finland

In value terms, flax fiber production stood at $X in 2022 estimated in export price. Overall, production saw a resilient increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Flax fiber production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

In 2022, the average yield of flax fiber in Finland totaled X tons per ha, remaining constant against 2021 figures. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the yield increased by X%. Over the period under review, the average flax fiber yield attained the maximum level at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of flax fiber were harvested in Finland; remaining constant against the previous year's figure. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The flax fiber harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area failed to regain momentum.

Flax Fiber Exports

Exports from Finland

In 2022, shipments abroad of flax fiber decreased by X% to X kg, falling for the second consecutive year after three years of growth. Overall, exports saw a significant contraction. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, flax fiber exports reduced to $X in 2022. Over the period under review, exports saw a dramatic slump. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for flax fiber exports from Finland, accounting for a X% share of total exports. Moreover, flax fiber exports to the Netherlands exceeded the volume sent to the second major destination, Latvia (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Norway (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for flax fiber exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Latvia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (X% per year) and Norway (X% per year).

Export Prices by Country

The average flax fiber export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into Finland

In 2022, the amount of flax fiber imported into Finland soared to X tons, growing by X% on 2021. In general, imports enjoyed a prominent increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, flax fiber imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest flax fiber supplier to Finland, accounting for a X% share of total imports. Moreover, flax fiber imports from Denmark exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Egypt (X% per year).

In value terms, Denmark ($X) constituted the largest supplier of flax fiber to Finland, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Belgium (X% per year).

Import Prices by Country

The average flax fiber import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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