China wins part of the Russian oilseed flax market from the EU

In the 2020/21 marketing year, Russia exported 474.9 thousand tons of flax, a slight increase from the previous year, with China being the dominant importer, increasing its purchases by 46.5% to account for 56% of the market share. The European Union, previously the second largest importer, saw a decrease in its purchases by 23%, dropping to a 39% market share. Other countries like Bangladesh, Latvia, and Egypt also increased their imports, while Mongolia and several European countries experienced a decrease in imports from Russia. This could potentially mark the highest export potential in the last four seasons due to the increase in volumes and shift in export destinations.