The import of raw or retted flax fibre to the US is projected to decline steadily from 2024 to 2028, decreasing from 330.55 thousand kilograms in 2024 to 288.43 thousand kilograms in 2028. Compared to 2023, these figures show a diminishing demand in volume over the five-year period.
The year-on-year variation highlights a consistent negative trend, with each consecutive year experiencing a reduction in import volumes. The compound annual growth rate (CAGR) over this period underscores an average annual decrease, indicating that the US market for flax fibre is shrinking progressively.
Future trends to watch for include potential changes in US agricultural policies or textile industry dynamics that could affect flax fibre demand. Innovations in synthetic fibre alternatives and shifts in international trade agreements may further influence the import volumes of flax fibre.
