Price for Flax, Raw or Retted in Estonia - 2022

Contents:

  1. Price for Flax, Raw or Retted in Estonia (CIF) - 2022
  2. Imports of Flax, Raw or Retted in Estonia

Price for Flax, Raw or Retted in Estonia (CIF) - 2022

In 2022, the average flax, raw or retted import price amounted to $2,933 per ton, shrinking by -14.4% against the previous year. Over the period under review, the import price, however, showed a tangible increase. The most prominent rate of growth was recorded in 2017 an increase of 63% against the previous year. Over the period under review, average import prices hit record highs at $3,829 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.8% per year.

Imports of Flax, Raw or Retted in Estonia

In 2022, after three years of growth, there was significant decline in overseas purchases of flax, raw or retted, when their volume decreased by -62.5% to 15 kg. Overall, imports saw a sharp descent. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports reached the peak of 40 kg, and then dropped rapidly in the following year.

In value terms, flax, raw or retted imports declined rapidly to $44 in 2022. In general, imports showed a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year.

Import of Flax, Raw or Retted in Estonia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11113413744.0-26.5%
OthersN/AN/AN/AN/A0%
Total11113413744.0-26.5%

Top Suppliers of Flax, Raw or Retted to Estonia in 2022:

  1. Germany (15.0 kg)

Source: IndexBox Market Intelligence Platform

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