Price for Yarn; of Flax, Single in Switzerland - 2023

Contents:

1. Price for Yarn; of Flax, Single in Switzerland (CIF) - 2022
2. Price for Yarn; of Flax, Single in Switzerland (FOB) - 2022
3. Imports of Yarn; of Flax, Single in Switzerland
4. Exports of Yarn; of Flax, Single in Switzerland

Price for Yarn; of Flax, Single in Switzerland (CIF) - 2022

The average yarn; of flax, single import price stood at $13,350 per ton in 2022, surging by 9.3% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 20% against the previous year. Over the period under review, average import prices hit record highs at $14,032 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,871 per ton), while the price for Egypt ($5,259 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Flax, Single in Switzerland (FOB) - 2022

In 2022, the average yarn; of flax, single export price amounted to $16,795 per ton, shrinking by -9.2% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 259% against the previous year. As a result, the export price attained the peak level of $28,672 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($22,505 per ton), while the average price for exports to Germany amounted to $12,224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-4.8%), while the prices for the other major destinations experienced a decline.

Imports of Yarn; of Flax, Single in Switzerland

In 2022, the amount of yarn; of flax, singles imported into Switzerland reached 49 tons, increasing by 4.8% against the year before. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, yarn; of flax, single imports reached $651K in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Yarn; of Flax, Single to Switzerland in 2022:

1. China (19.0 tons)
2. Tunisia (11.4 tons)
3. Poland (10.8 tons)
4. Italy (3.0 tons)
5. Germany (2.2 tons)
6. Egypt (1.3 tons)
7. India (0.8 tons)

Exports of Yarn; of Flax, Single in Switzerland

After three years of growth, shipments abroad of yarn; of flax, singles decreased by -89.8% to 245 kg in 2022. Over the period under review, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, the exports attained the peak of 2.4 tons, and then reduced markedly in the following year.

In value terms, yarn; of flax, single exports fell markedly to $4.1K in 2022. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. As a result, the exports reached the peak of $44K, and then fell remarkably in the following year.

Top Export Markets for Yarn; of Flax, Single from Switzerland in 2022:

1. Germany (135.0 kg)
2. France (109.0 kg)

Source: IndexBox Market Intelligence Platform