United Kingdom: Flax Fabric Market 2024

Flax Fabric Market Size in the UK

The UK flax fabric market declined remarkably to $X in 2023, waning by X% against the previous year. Overall, consumption continues to indicate a abrupt descent. Flax fabric consumption peaked at $X in 2013; however, from 2014 to 2023, consumption stood at a somewhat lower figure.

Flax Fabric Production in the UK

In value terms, flax fabric production dropped to $X in 2023 estimated in export price. In general, production showed a deep slump. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Flax Fabric Exports

Exports from the UK

In 2023, the amount of woven fabrics of flax exported from the UK amounted to X square meters, approximately mirroring the year before. In general, exports, however, continue to indicate a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The exports peaked at X square meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, flax fabric exports dropped to $X in 2023. The total export value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then declined in the following year.

Exports by Country

The United States (X square meters) was the main destination for flax fabric exports from the UK, with a X% share of total exports. Moreover, flax fabric exports to the United States exceeded the volume sent to the second major destination, France (X square meters), twofold. The third position in this ranking was held by India (X square meters), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and India (X% per year).

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

From 2012 to 2023, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (X% per year) and India (X% per year).

Export Prices by Country

The average flax fabric export price stood at $X per square meter in 2023, waning by X% against the previous year. Overall, the export price, however, posted a strong increase. The growth pace was the most rapid in 2022 an increase of X%. As a result, the export price attained the peak level of $X per square meter, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per square meter), while the average price for exports to New Zealand ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Fabric Imports

Imports into the UK

In 2023, purchases abroad of woven fabrics of flax decreased by X% to X square meters for the first time since 2020, thus ending a two-year rising trend. Over the period under review, total imports indicated a mild expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. Imports peaked at X square meters in 2022, and then shrank sharply in the following year.

In value terms, flax fabric imports dropped modestly to $X in 2023. Overall, total imports indicated notable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2022, and then reduced modestly in the following year.

Imports by Country

Italy (X square meters), China (X square meters) and Belgium (X square meters) were the main suppliers of flax fabric imports to the UK, with a combined X% share of total imports. Turkey, India, Spain, Thailand and France lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and Turkey ($X) constituted the largest flax fabric suppliers to the UK, with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw 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 2023, the average flax fabric import price amounted to $X per square meter, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. As a result, import price reached 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 2023, amid the top importers, the country with the highest price was France ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform