Egypt: Flax Fiber Market 2024

Flax Fiber Market Size in Egypt

In 2022, the Egyptian flax fiber market decreased by X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a deep reduction. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Flax Fiber Production in Egypt

In value terms, flax fiber production rose modestly to $X in 2022 estimated in export price. Overall, production posted a measured expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

The average yield of flax fiber in Egypt was estimated at X tons per ha in 2022, with an increase of X% compared with 2021 figures. Overall, the yield indicated a moderate increase from 2012 to 2022: its figure 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. Based on 2022 figures, flax fiber yield increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the average flax fiber yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The flax fiber harvested area in Egypt was estimated at X ha in 2022, stabilizing at the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the harvested area increased by X% against the previous year. The flax fiber harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Flax Fiber Exports

Exports from Egypt

In 2022, the amount of flax fiber exported from Egypt surged to X tons, growing by X% on 2021 figures. Overall, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, flax fiber exports skyrocketed to $X in 2022. Over the period under review, exports saw a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

India (X tons), Italy (X tons) and China (X tons) were the main destinations of flax fiber exports from Egypt, together comprising X% of total exports. Turkey, Lithuania, Germany, Poland, Russia, Romania, Belgium, the United Arab Emirates and France lagged somewhat behind, together accounting for a further X%.

From 2012 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%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Italy (X% per year).

Export Prices by Country

The average flax fiber export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, export price indicated a strong increase 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. Based on 2022 figures, flax fiber export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 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 near future.

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

Flax Fiber Imports

Imports into Egypt

In 2022, overseas purchases of flax fiber decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, total imports indicated strong growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, flax fiber imports contracted to $X in 2022. Overall, total imports indicated buoyant growth 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. Based on 2022 figures, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Belgium (X tons), France (X tons) and Lithuania (X tons) were the main suppliers of flax fiber imports to Egypt, with a combined X% share of total imports.

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

In value terms, Belgium ($X), France ($X) and Lithuania ($X) appeared to be the largest flax fiber suppliers to Egypt, together comprising X% of total imports.

France, with a CAGR of X%, recorded 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

The average flax fiber import price stood at $X per ton in 2022, remaining stable against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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