Italy: Flax Fiber Market 2024

Flax Fiber Market Size in Italy

The Italian flax fiber market dropped significantly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, recorded a strong expansion. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Flax Fiber Production in Italy

In value terms, flax fiber production declined to $X in 2022 estimated in export price. Overall, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Flax fiber production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

In 2022, the average yield of flax fiber in Italy declined to X tons per ha, standing approx. at 2021 figures. Over the period under review, the yield, however, posted a significant increase. The pace of growth was the most pronounced in 2013 when the yield increased by X%. The flax fiber yield peaked at X tons per ha in 2016; however, from 2017 to 2022, the yield stood at a somewhat 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 harvested area of flax fiber in Italy was estimated at X ha, surging by X% against 2021. In general, the harvested area, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the harvested area dedicated to flax fiber production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Flax Fiber Exports

Exports from Italy

Flax fiber exports from Italy surged to X tons in 2022, growing by X% against 2021 figures. In general, exports saw prominent growth. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, flax fiber exports surged to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Lithuania (X tons) was the main destination for flax fiber exports from Italy, accounting for a X% share of total exports. Moreover, flax fiber exports to Lithuania exceeded the volume sent to the second major destination, Tunisia (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

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

In value terms, the UK ($X) remains the key foreign market for flax fiber exports from Italy, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Turkey (X% per year).

Export Prices by Country

In 2022, the average flax fiber export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Lithuania ($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 the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fiber Imports

Imports into Italy

In 2022, after three years of growth, there was significant decline in supplies from abroad of flax fiber, when their volume decreased by X% to X tons. Overall, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then reduced markedly in the following year.

In value terms, flax fiber imports shrank sharply to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

Lithuania (X tons), Belgium (X tons) and Egypt (X tons) were the main suppliers of flax fiber imports to Italy, with a combined X% share of total imports. Austria, Romania and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest flax fiber suppliers to Italy were Lithuania ($X), Belgium ($X) and Austria ($X), together accounting for X% of total imports. Egypt, Romania and Germany lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers 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 ton in 2022, jumping by X% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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