Flax Yarn Price in the United States - 2023
Contents:
- Flax Yarn Price in the United States (CIF) - 2022
- Flax Yarn Price in the United States (FOB) - 2022
- Flax Yarn Imports in the United States
- Flax Yarn Exports in the United States
Flax Yarn Price in the United States (CIF) - 2022
In 2022, the average flax yarn import price amounted to $16,319 per ton, picking up by 8.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 19% against the previous year. The import price peaked at $18,226 per ton in 2020; however, from 2021 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 the UK ($30,080 per ton), while the price for France ($6,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Price in the United States (FOB) - 2022
In 2022, the average flax yarn export price amounted to $5,900 per ton, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 an increase of 49% against the previous year. As a result, the export price reached the peak level of $11,653 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($20,059 per ton), while the average price for exports to Japan ($622 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 Dominican Republic (+31.8%), while the prices for the other major destinations experienced mixed trend patterns.
Flax Yarn Imports in the United States
In 2022, approx. 111 tons of flax yarns were imported into the United States; surging by 3.1% on the year before. The total import volume increased at an average annual rate of +1.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, flax yarn imports expanded sharply to $1.8M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14%.
| Import of Flax Yarn in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 457 | 523 | 506 | 611 | 10.2% |
| United Kingdom | 121 | 199 | 200 | 195 | 17.2% |
| Egypt | 107 | 32.6 | 58.8 | 158 | 13.9% |
| Belgium | 207 | 46.7 | 111 | 145 | -11.2% |
| Poland | 5.2 | 58.2 | 87.9 | 126 | 189.4% |
| France | 132 | 35.6 | 64.0 | 93.6 | -10.8% |
| India | 80.4 | 32.9 | 85.3 | 86.9 | 2.6% |
| China | 86.0 | 44.4 | 48.9 | 72.3 | -5.6% |
| Japan | 133 | 187 | 53.9 | 48.3 | -28.7% |
| Lithuania | 46.6 | 21.3 | 92.4 | 37.2 | -7.2% |
| Hungary | 276 | 46.4 | 76.0 | 33.4 | -50.5% |
| Others | 183 | 204 | 242 | 214 | 5.4% |
| Total | 1,833 | 1,430 | 1,626 | 1,819 | -0.3% |
Top Suppliers of Flax Yarn to the United States in 2022:
- Italy (38.4 tons)
- France (14.3 tons)
- Egypt (13.8 tons)
- Poland (10.0 tons)
- United Kingdom (6.5 tons)
- China (6.0 tons)
- Belgium (5.9 tons)
- Lithuania (5.2 tons)
- India (3.0 tons)
- Hungary (2.1 tons)
- Japan (0.7 tons)
Flax Yarn Exports in the United States
In 2022, the amount of flax yarns exported from the United States declined sharply to 34 tons, which is down by -43.1% on the previous year's figure. Overall, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 115% against the previous year. As a result, the exports attained the peak of 60 tons, and then declined dramatically in the following year.
In value terms, flax yarn exports fell notably to $201K in 2022. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 72%. As a result, the exports reached the peak of $348K, and then declined notably in the following year.
| Export of Flax Yarn in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.8 | 14.7 | 38.3 | 88.8 | 74.2% |
| Germany | 6.6 | 25.8 | N/A | 62.4 | 111.5% |
| Mexico | 100 | 52.8 | 106 | 15.0 | -46.9% |
| Panama | 40.3 | N/A | N/A | 9.0 | -39.3% |
| Brazil | N/A | N/A | N/A | 4.5 | 0% |
| China | N/A | N/A | N/A | 4.3 | 0% |
| Japan | N/A | N/A | N/A | 3.9 | 0% |
| Spain | N/A | N/A | 108 | N/A | 0% |
| South Korea | 45.3 | 54.9 | N/A | N/A | 21.2% |
| Argentina | N/A | 14.1 | N/A | N/A | 0% |
| United Kingdom | 60.5 | N/A | 18.3 | N/A | -45.0% |
| Italy | N/A | N/A | 26.1 | N/A | 0% |
| Others | 14.6 | 39.7 | 51.0 | 12.7 | -4.5% |
| Total | 284 | 202 | 348 | 201 | -10.9% |
Top Export Markets for Flax Yarn from the United States in 2022:
- Germany (12.1 tons)
- Japan (6.2 tons)
- Canada (4.4 tons)
- Mexico (4.0 tons)
- Panama (4.0 tons)
- Brazil (1.1 tons)
- China (1.0 tons)
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