In 2023, Belgium led European imports of flax yarn for retail, followed by France and Germany. Romania and Hungary saw significant year-on-year import growth rates, at 31.62% and 132.62% respectively. Spain also experienced a substantial increase of 61.66%. Conversely, the Netherlands, Italy, and Ireland saw declines, with the Netherlands dropping by 17.96%, Italy by 22.04%, and Ireland by 22%. The Compounded Annual Growth Rate (CAGR) over five years suggests a varied trajectory among countries, with some stabilizing and others experiencing rapid growth or decline depending on specific market dynamics and demand shifts.
Future trends to watch:
- Increased sustainability focus may boost imports from countries with eco-friendly practices.
- Economic fluctuations and geopolitical developments could influence import volumes, impacting supply chains and costs.
- Emerging markets within Europe might witness growing import shares as demand for unique textile products rises.
Top countries in Import of Flax Yarn Packaged for Retail Sale Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 38.41 | 2023 | +2.59% | +1.64% | View data |
| 2 | 2 France | 28.29 | 2023 | +10.35% | +3.39% | View data |
| 3 | 3 Germany | 16.26 | 2023 | +7.31% | +2.03% | View data |
| 4 | 4 Croatia | 2.91 | 2023 | +5.17% | +1.01% | View data |
| 5 | 5 Portugal | 2.35 | 2023 | +3.48% | -0.42% | View data |
| 6 | 6 Spain | 2.19 | 2023 | +0.93% | +61.66% | View data |
| 7 | 7 Netherlands | 1.42 | 2023 | -9.16% | -17.96% | View data |
| 8 | 8 Denmark | 1.2 | 2023 | +12.59% | +20.79% | View data |
| 9 | 9 Romania | 1.18 | 2023 | +2.98% | +31.62% | View data |
| 10 | 10 Hungary | 1.04 | 2023 | +6.9% | +132.62% | View data |
