Flax Fabric Market Overview in Ireland
In value terms, flax fabric production stood at $ in 2018 estimated in export prices. Over the period under review, flax fabric production continues to indicate a drastic contraction. The pace of growth was the most pronounced in 2008 when production volume increased by % y-o-y. In that year, flax fabric production attained its peak level of $. From 2009 to 2018, flax fabric production growth failed to regain its momentum.
The revenue of the flax fabric market in Ireland amounted to $ in 2018, rising by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, flax fabric consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2011 with an increase of % year-to-year. Flax fabric consumption peaked at $ in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.