Flax Yarn Price in Peru - 2021

Contents:

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

Flax Yarn Price in Peru (FOB) - 2022

In 2022, the average flax yarn export price amounted to $35,510 per ton, approximately mirroring the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2018 an increase of 11% against the previous year. The export price peaked at $36,986 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($39,048 per ton), while the average price for exports to Norway amounted to $31,239 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.

Flax Yarn Price in Peru (CIF) - 2022

The average flax yarn import price stood at $17,207 per ton in 2022, falling by -18.2% against the previous year. In general, the import price showed a noticeable descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 104%. The import price peaked at $29,549 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($125,883 per ton), while the price for China ($5,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), while the prices for the other major suppliers experienced a decline.

Flax Yarn Exports in Peru

In 2022, flax yarn exports from Peru dropped sharply to 2.2 tons, shrinking by -38.9% on the previous year's figure. Over the period under review, exports, however, saw buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 349%. As a result, the exports attained the peak of 3.5 tons, and then dropped markedly in the following year.

In value terms, flax yarn exports declined notably to $77K in 2022. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 327% against the previous year. As a result, the exports reached the peak of $124K, and then fell remarkably in the following year.

Top Export Markets for Flax Yarn from Peru in 2022:

1. United States (1.2 tons)
2. Norway (1.0 tons)

Flax Yarn Imports in Peru

Flax yarn imports into Peru reduced to 3.3 tons in 2022, shrinking by -6.9% against 2021. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 103%. As a result, imports attained the peak of 3.6 tons, and then dropped in the following year.

In value terms, flax yarn imports shrank sharply to $57K in 2022. In general, imports showed a noticeable slump. The growth pace was the most rapid in 2021 when imports increased by 91%. As a result, imports attained the peak of $75K, and then shrank significantly in the following year.

Top Suppliers of Flax Yarn to Peru in 2022:

1. Italy (2.2 tons)
2. China (1.0 tons)
3. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform