Flax Yarn Price in Chile - 2023

Contents:

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

Flax Yarn Price in Chile (CIF) - 2022

In 2022, the average flax yarn import price amounted to $10,781 per ton, almost unchanged from the previous year. Overall, the import price, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 33%. The import price peaked at $13,914 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($20,630 per ton), while the price for India ($7,317 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Flax Yarn Price in Chile (FOB) - 2022

In 2022, the average flax yarn export price amounted to $31,050 per ton, picking up by 2.5% against the previous year. Overall, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax yarn export price decreased by -4.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, the average export prices attained the maximum at $32,451 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($35,290 per ton), while the average price for exports to Australia ($19,134 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+19.6%), while the prices for the other major destinations experienced mixed trend patterns.

Flax Yarn Imports in Chile

Flax yarn imports into Chile reduced to 43 tons in 2022, waning by -11.8% against the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 179% against the previous year. As a result, imports reached the peak of 49 tons, and then fell in the following year.

In value terms, flax yarn imports declined to $469K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 210% against the previous year. As a result, imports reached the peak of $531K, and then contracted in the following year.

Top Suppliers of Flax Yarn to Chile in 2022:

1. China (31.6 tons)
2. India (10.2 tons)
3. Spain (1.1 tons)

Flax Yarn Exports in Chile

In 2022, shipments abroad of flax yarns decreased by -21.2% to 480 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, the exports reached the peak of 609 kg, and then fell notably in the following year.

In value terms, flax yarn exports fell dramatically to $15K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, the exports reached the peak of $18K, and then fell significantly in the following year.

Top Export Markets for Flax Yarn from Chile in 2022:

1. Bolivia (412.0 kg)
2. Australia (50.0 kg)
3. United States (10.0 kg)
4. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform