Flax Yarn Price in Indonesia - 2022

Contents:

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

Flax Yarn Price in Indonesia (CIF) - 2022

In 2022, the average flax yarn import price amounted to $5,990 per ton, standing approx. at the previous year. In general, the import price, however, showed a perceptible contraction. The growth pace was the most rapid in 2014 when the average import price increased by 23%. As a result, import price attained the peak level of $12,328 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($26,098 per ton), while the price for China ($5,388 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Indonesia (FOB) - 2022

The average flax yarn export price stood at $3,464 per ton in 2022, declining by -12.1% against the previous year. In general, the export price showed a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 28%. The export price peaked at $8,886 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,371 per ton), while the average price for exports to the Philippines stood at $1,874 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (-2.6%), while the prices for the other major destinations experienced a decline.

Flax Yarn Imports in Indonesia

In 2022, after two years of decline, there was significant growth in supplies from abroad of flax yarns, when their volume increased by 265% to 20 tons. In general, imports, however, continue to indicate a significant contraction.

In value terms, flax yarn imports surged to $117K in 2022. Overall, imports, however, showed a dramatic contraction.

Import of Flax Yarn in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea65.924.923.589.810.9%
China74470.94.517.8-71.2%
Hong Kong SAR93.513.51.12.2-71.3%
India29.66.40.82.0-59.3%
Japan90.913.20.31.1-77.0%
Others97.474.01.84.6-63.9%
Total1,12120332.0117-52.9%

Top Suppliers of Flax Yarn to Indonesia in 2022:

  1. Japan (undefined tons)
  2. South Korea (15.7 tons)
  3. China (3.3 tons)
  4. Hong Kong SAR (0.3 tons)
  5. India (0.1 tons)

Flax Yarn Exports in Indonesia

In 2022, exports of flax yarns from Indonesia soared to 5.2 tons, growing by 506% against the year before. In general, exports enjoyed a modest increase.

In value terms, flax yarn exports skyrocketed to $18K in 2022. Overall, exports, however, recorded a noticeable contraction.

Export of Flax Yarn in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3.821.92.311.845.9%
Philippines3.37.70.74.611.7%
Bangladesh13.0N/AN/AN/A0%
Others0.42.80.31.555.4%
Total20.532.43.417.9-4.4%

Top Export Markets for Flax Yarn from Indonesia in 2022:

  1. Italy (2.7 tons)
  2. Philippines (2.4 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Flax yarn - Indonesia