Market movement
In 2024, flax: tow and waste, including yarn waste and garnetted stock trade exhibited strong growth, with global flows reaching $434,723,683 and a three-year compound annual growth rate of +38.7% (five-year: +26.6%). The all-time peak of $434,723,683 was recorded in 2024.
Over the 30-year observation window (1995–2024), 69% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+23.9% acceleration).
The World Trade Flows Characterization classifies flax: tow and waste, including yarn waste and garnetted stock as "Two-way vertical trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.
