Flax Yarn Price in Denmark - 2023
Contents:
- Flax Yarn Price in Denmark (FOB) - 2022
- Flax Yarn Price in Denmark (CIF) - 2023
- Flax Yarn Exports in Denmark
- Flax Yarn Imports in Denmark
Flax Yarn Price in Denmark (FOB) - 2022
The average flax yarn export price stood at $26,096 per ton in 2022, with an increase of 54% against the previous year. In general, the export price saw a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($79,165 per ton), while the average price for exports to Sweden ($12,675 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 South Korea (+24.1%), while the prices for the other major destinations experienced more modest paces of growth.
Flax Yarn Price in Denmark (CIF) - 2023
The average flax yarn import price stood at $60,751 per ton in July 2023, with an increase of 4.3% against the previous month. In general, the import price continues to indicate strong growth. The pace of growth was the most pronounced in August 2022 when the average import price increased by 133% against the previous month. Over the period under review, average import prices attained the maximum at $60,873 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($87,997 per ton), while the price for Italy ($50,838 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Exports in Denmark
In 2022, overseas shipments of flax yarns decreased by -60.8% to 2.2 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 8.2%. As a result, the exports attained the peak of 6 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, flax yarn exports contracted dramatically to $56K in 2022. Over the period under review, exports showed a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.
| Export of Flax Yarn in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1.1 | 5.6 | 8.0 | 12.9 | 127.2% |
| Greenland | N/A | N/A | 6.1 | 10.5 | 72.1% |
| United States | N/A | 6.0 | 1.7 | 10.5 | 32.3% |
| Sweden | 64.2 | 71.2 | 59.1 | 7.1 | -52.0% |
| Canada | N/A | N/A | N/A | 3.7 | 0% |
| South Korea | 7.9 | 0.5 | N/A | 2.4 | -32.8% |
| China | N/A | N/A | 0.2 | 1.4 | 600.0% |
| Faroe Islands | 3.1 | N/A | 12.8 | N/A | 103.2% |
| Others | 0.6 | 8.3 | 5.8 | 7.8 | 135.1% |
| Total | 77.0 | 91.6 | 93.8 | 56.4 | -9.9% |
Top Export Markets for Flax Yarn from Denmark in 2022:
- Greenland (675.0 kg)
- Sweden (562.0 kg)
- United States (376.0 kg)
- Norway (313.0 kg)
- South Korea (57.0 kg)
- Canada (47.0 kg)
- China (33.0 kg)
Flax Yarn Imports in Denmark
After two years of decline, purchases abroad of flax yarns increased by 614% to 37 tons in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, flax yarn imports soared to $473K in 2022. Overall, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flax Yarn in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 18.0 | 11.3 | 9.2 | 252 | 141.0% |
| France | 37.1 | 23.1 | 27.1 | 97.6 | 38.0% |
| Egypt | 11.0 | 11.1 | 14.8 | 56.1 | 72.1% |
| Sweden | 187 | 13.1 | 0.5 | 31.8 | -44.6% |
| Germany | 5.7 | 1.2 | 0.5 | 23.0 | 59.2% |
| Spain | 36.3 | N/A | N/A | 4.2 | -51.3% |
| Turkey | N/A | 14.4 | N/A | N/A | 0% |
| Others | 2.4 | 10.4 | 13.4 | 7.8 | 48.1% |
| Total | 298 | 84.7 | 65.5 | 473 | 16.6% |
Top Suppliers of Flax Yarn to Denmark in 2022:
- Egypt (14.8 tons)
- Italy (10.7 tons)
- France (9.3 tons)
- Germany (1.4 tons)
- Sweden (0.7 tons)
- Spain (0.2 tons)
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