Flax Yarn Price in Uzbekistan - 2023

Contents:

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

Flax Yarn Price in Uzbekistan (FOB) - 2022

The average flax yarn export price stood at $4,376 per ton in 2022, with a decrease of -68.3% against the previous year. In general, the export price showed a sharp decrease. The export price peaked at $13,808 per ton in 2021, and then reduced sharply in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($4,398 per ton), while the average price for exports to Russia totaled $4,319 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-68.7%).

Flax Yarn Price in Uzbekistan (CIF) - 2022

In 2022, the average flax yarn import price amounted to $8,818 per ton, falling by -48.8% against the previous year. Overall, the import price showed a deep slump. The pace of growth appeared the most rapid in 2014 when the average import price increased by 92%. As a result, import price attained the peak level of $40,041 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Belarus ($129,040 per ton), while the price for Turkey ($7,527 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+26.8%), while the prices for the other major suppliers experienced a decline.

Flax Yarn Exports in Uzbekistan

In 2022, flax yarn exports from Uzbekistan soared to 278 tons, growing by 4,215% compared with the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn exports skyrocketed to $1.2M in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flax Yarn in Uzbekistan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
BelarusN/A8800%
Russia89.0337278.7%
OthersN/AN/A0%
Total89.01,2171267.4%

Top Export Markets for Flax Yarn from Uzbekistan in 2022:

  1. Belarus (200.0 tons)
  2. Russia (78.0 tons)

Flax Yarn Imports in Uzbekistan

In 2022, flax yarn imports into Uzbekistan skyrocketed to 203 kg, jumping by 74% compared with the previous year's figure. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, flax yarn imports shrank to $1.8K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 41% against the previous year.

Import of Flax Yarn in Uzbekistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7671,3761,7591,59727.7%
Belarus62.012118214332.1%
Turkey43.068.076.050.05.2%
China239N/AN/AN/A0%
OthersN/A-1.0N/AN/A0%
Total1,1111,5642,0171,79017.2%

Top Suppliers of Flax Yarn to Uzbekistan in 2022:

  1. Russia (195.0 kg)
  2. Turkey (7.0 kg)
  3. Belarus (1.0 kg)

Source: IndexBox Market Intelligence Platform

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