Norway: Market for Flax, Raw Or Retted 2022

Market Size for Flax, Raw Or Retted in Norway

After two years of decline, the Norwegian flax, raw or retted market increased by X% to $X in 2021. Over the period under review, consumption, however, continues to indicate a abrupt curtailment. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Flax, Raw Or Retted in Norway

In value terms, flax, raw or retted production dropped significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Flax, raw or retted production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

In 2021, the average yield of flax, raw or retted in Norway was estimated at less than X kg per ha, therefore, remained relatively stable against 2020. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of flax, raw or retted in Norway stood at less than X ha, therefore, remained relatively stable against the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.

Exports of Flax, Raw Or Retted

Exports from Norway

In 2021, the amount of flax, raw or retted exported from Norway declined to X kg, remaining stable against the previous year's figure. Over the period under review, exports showed a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, flax, raw or retted exports surged to $X in 2021. In general, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Finland (X kg) was the main destination for flax, raw or retted exports from Norway, with a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland stood at -X%.

From 2012 to 2021, the average annual growth rate of value to Finland stood at +X%.

Export Prices by Country

In 2021, the average flax, raw or retted export price amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2021, the rate of growth in terms of prices for Finland amounted to +X% per year.

Imports of Flax, Raw Or Retted

Imports into Norway

In 2021, the amount of flax, raw or retted imported into Norway dropped rapidly to X kg, which is down by -X% against 2020 figures. Over the period under review, imports showed a noticeable decline. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of X kg. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, flax, raw or retted imports shrank sharply to $X in 2021. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Lithuania (X kg) constituted the largest flax, raw or retted supplier to Norway, accounting for a X% share of total imports. Moreover, flax, raw or retted imports from Lithuania exceeded the figures recorded by the second-largest supplier, India (X kg), fivefold. The third position in this ranking was taken by Denmark (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Lithuania amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Denmark (-X% per year).

In value terms, Lithuania ($X), India ($X) and the UK ($X) were the largest flax, raw or retted suppliers to Norway, with a combined X% share of total imports.

Among the main suppliers, India, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average flax, raw or retted import price stood at $X per ton in 2021, rising by X% against the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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