Flax Yarn Price in Uruguay - 2021

Contents:

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

Flax Yarn Price in Uruguay (CIF) - 2022

In 2022, the average flax yarn import price amounted to $13,535 per ton, falling by -3.9% against the previous year. Over the period under review, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 increased by +52.1% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 113%. As a result, import price reached the peak level of $15,501 per ton. From 2018 to 2022, the average import prices remained 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 Hungary ($96,321 per ton), while the price for Italy ($3,234 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Uruguay (FOB) - 2022

In 2022, the average flax yarn export price amounted to $38,615 per ton, growing by 3.6% against the previous year. Overall, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 53%. Over the period under review, the average export prices hit record highs at $49,141 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($38,876 per ton), while the average price for exports to the United States amounted to $29,671 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-2.6%).

Flax Yarn Imports in Uruguay

Flax yarn imports into Uruguay dropped significantly to 701 kg in 2022, with a decrease of -33.8% compared with the previous year's figure. Over the period under review, imports, however, recorded temperate growth. The pace of growth appeared the most rapid in 2021 with an increase of 204%. As a result, imports reached the peak of 1.1 tons, and then shrank rapidly in the following year.

In value terms, flax yarn imports contracted sharply to $9.5K in 2022. In general, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 267%. As a result, imports attained the peak of $15K, and then reduced notably in the following year.

Top Suppliers of Flax Yarn to Uruguay in 2022:

1. Italy (524.0 kg)
2. United States (76.0 kg)
3. China (58.0 kg)
4. Germany (29.0 kg)
5. Hungary (13.0 kg)

Flax Yarn Exports in Uruguay

In 2022, after three years of growth, there was decline in overseas shipments of flax yarns, when their volume decreased by -3.7% to 26 kg. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 18%.

In value terms, flax yarn exports fell modestly to $1K in 2022. The total export value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 30%.

Top Export Markets for Flax Yarn from Uruguay in 2022:

1. Canada (25.0 kg)
2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform