Flax Yarn Price in Norway - 2023

Contents:

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

Flax Yarn Price in Norway (CIF) - 2022

The average flax yarn import price stood at $33,602 per ton in 2022, declining by -5% against the previous year. In general, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax yarn import price decreased by -6.0% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 65%. The import price peaked at $47,931 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Sweden ($63,136 per ton), while the price for Denmark ($12,942 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Flax Yarn Price in Norway (FOB) - 2022

In 2022, the average flax yarn export price amounted to $41,983 per ton, picking up by 35% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of 59% against the previous year. The export price peaked at $67,155 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to -2.8% per year.

Flax Yarn Imports in Norway

In 2022, supplies from abroad of flax yarns increased by 35% to 15 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +3.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn imports skyrocketed to $506K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flax Yarn to Norway in 2022:

1. Italy (8.2 tons)
2. Sweden (3.7 tons)
3. Germany (1.0 tons)
4. Hungary (1.0 tons)
5. Denmark (0.8 tons)

Flax Yarn Exports in Norway

Flax yarn exports from Norway soared to 581 kg in 2022, picking up by 59% compared with the previous year. Overall, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn exports surged to $24K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flax Yarn from Norway in 2022:

1. Sweden (581.0 kg)

Source: IndexBox Market Intelligence Platform