In 2023, the re-import of single flax yarn to China stood at a significant volume. For the forecasted years, a consistent decline is anticipated, with volumes projected to decrease from 67.19 thousand kilograms in 2024 to 42.43 thousand kilograms by 2028. Year-on-year decreases indicate a downward trend, with a compounded annual growth rate (CAGR) showing an average decline over the five-year period.
Future trends to watch for:
- Market demand fluctuations in the global textile industry.
- China's domestic flax yarn production capacity and its impact on imports.
- Trade policies and their influence on re-import volumes.
- Sustainability trends potentially affecting raw material sourcing.
