Flax Yarn Price in Argentina - 2022

Contents:

1. Flax Yarn Price in Argentina (CIF) - 2022
2. Flax Yarn Price in Argentina (FOB) - 2022
3. Flax Yarn Imports in Argentina
4. Flax Yarn Exports in Argentina

Flax Yarn Price in Argentina (CIF) - 2022

The average flax yarn import price stood at $32,277 per ton in 2022, with a decrease of -3.9% against the previous year. In general, the import price recorded a noticeable setback. The growth pace was the most rapid in 2013 an increase of 36%. Over the period under review, average import prices hit record highs at $102,696 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($113,135 per ton), while the price for the United States ($7,438 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Argentina (FOB) - 2022

The average flax yarn export price stood at $27,917 per ton in 2022, growing by 12% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 71% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Bolivia.

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +6.9% per year.

Flax Yarn Imports in Argentina

In 2022, after three years of growth, there was significant decline in overseas purchases of flax yarns, when their volume decreased by -17.1% to 4.4 tons. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 123% against the previous year.

In value terms, flax yarn imports shrank notably to $142K in 2022. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. As a result, imports attained the peak of $179K, and then fell remarkably in the following year.

Top Suppliers of Flax Yarn to Argentina in 2022:

1. United States (1311.0 kg)
2. Italy (1308.0 kg)
3. Germany (708.0 kg)
4. India (596.0 kg)
5. China (218.0 kg)
6. Egypt (91.0 kg)
7. Hungary (78.0 kg)

Flax Yarn Exports in Argentina

In 2022, after three years of growth, there was significant decline in shipments abroad of flax yarns, when their volume decreased by -33.3% to 12 kg. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 125% against the previous year. As a result, the exports reached the peak of 18 kg, and then reduced remarkably in the following year.

In value terms, flax yarn exports fell significantly to $335 in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 103%. As a result, the exports attained the peak of $449, and then contracted notably in the following year.

Top Export Markets for Flax Yarn from Argentina in 2022:

1. Bolivia (12.0 kg)

Source: IndexBox Market Intelligence Platform