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Italy - Flax Fiber - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's September 2023 Exports of Flax Fiber Surge by 25% to $5.7M
Italy Flax Fiber Exports
After two months of decline, shipments abroad of flax fiber increased by 100% to 69 tons in September 2023. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in February 2023 when exports increased by 110% m-o-m. As a result, the exports reached the peak of 199 tons. From March 2023 to September 2023, the growth of the exports remained at a lower figure.
In value terms, flax fiber exports skyrocketed to $5.7M (IndexBox estimates) in September 2023. Over the period under review, exports, however, showed a relatively flat trend pattern.
COUNTRY | Export Value of Flax Fiber in Italy (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
United Kingdom | 1,262 | 2,128 | 1,703 | 2,394 | 1,977 | 2,296 | 1,975 | 2,737 | 1,786 | 2,151 | 2,433 | 1,441 | 1,868 |
United States | 955 | 704 | 847 | 825 | 914 | 752 | 894 | 582 | 837 | 831 | 826 | 573 | 695 |
Lithuania | 389 | 401 | 310 | 322 | 366 | 389 | 677 | 491 | 316 | 627 | 479 | N/A | 205 |
Tunisia | 126 | 136 | 137 | 154 | 14.1 | 435 | 317 | 518 | 344 | 453 | 11.2 | 4.8 | 20.6 |
Others | 3,566 | 3,899 | 4,216 | 3,623 | 3,095 | 3,333 | 3,588 | 3,431 | 4,346 | 3,764 | 4,267 | 2,551 | 2,944 |
Total | 6,298 | 7,269 | 7,214 | 7,318 | 6,366 | 7,206 | 7,451 | 7,758 | 7,628 | 7,827 | 8,015 | 4,570 | 5,732 |
Exports by Country
Lithuania (24 tons), the UK (13 tons) and the United States (5 tons) were the main destinations of flax fiber exports from Italy, with a combined 61% share of total exports.
From September 2022 to September 2023, the biggest increases were in the UK (with a CAGR of +2.2%), while shipments for the other leaders experienced a decline.
In value terms, the UK ($1.9M) remains the key foreign market for flax fiber exports from Italy, comprising 33% of total exports. The second position in the ranking was held by the United States ($695K), with a 12% share of total exports. It was followed by Lithuania, with a 3.6% share.
From September 2022 to September 2023, the average monthly growth rate of value to the UK amounted to +3.3%. Exports to the other major destinations recorded the following average monthly rates of exports growth: the United States (-2.6% per month) and Lithuania (-5.2% per month).
Export Prices by Country
In September 2023, the flax fiber price stood at $82,720 per ton (FOB, Italy), dropping by -37.2% against the previous month. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 81% against the previous month. The export price peaked at $132K per ton in August 2023, and then fell rapidly in the following month.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Switzerland ($159K per ton), while the average price for exports to Croatia ($4,961 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the flax fiber market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 773 - Flax fibre and tow
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023