Flax Yarn Price in Vietnam - 2021
Contents:
- Flax Yarn Price in Vietnam (CIF) - 2021
- Flax Yarn Price in Vietnam (FOB) - 2022
- Flax Yarn Imports in Vietnam
- Flax Yarn Exports in Vietnam
Flax Yarn Price in Vietnam (CIF) - 2021
In December 2021, the average flax yarn import price amounted to $18,016 per ton, rising by 51% against the previous month. Over the period under review, the import price posted perceptible growth. The most prominent rate of growth was recorded in October 2021 an increase of 138% m-o-m. As a result, import price reached the peak level of $29,012 per ton. From November 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($37,888 per ton), while the price for Hong Kong SAR ($7,351 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Flax Yarn Price in Vietnam (FOB) - 2022
The average flax yarn export price stood at $7,373 per ton in 2022, dropping by -36.7% against the previous year. Overall, the export price recorded a pronounced setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 77%. The export price peaked at $13,035 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($28,262 per ton), while the average price for exports to China stood at $5,819 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+18.4%).
Flax Yarn Imports in Vietnam
Flax yarn imports into Vietnam soared to 555 tons in 2022, jumping by 75% against the year before. In general, imports, however, continue to indicate a mild setback.
In value terms, flax yarn imports surged to $5.4M in 2022. Overall, imports, however, recorded a mild slump.
| Import of Flax Yarn in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.1 | 3.0 | 3.1 | 4.7 | 30.8% |
| Italy | 1.7 | 2.2 | 0.2 | 0.4 | -38.3% |
| South Korea | 0.8 | N/A | 0.1 | 0.1 | -50.0% |
| Hong Kong SAR | 0.2 | 1.2 | N/A | 0.1 | -20.6% |
| Bulgaria | 0.4 | 0.3 | 0.1 | 0.1 | -37.0% |
| Others | 0.4 | 0.2 | 0.3 | N/A | -13.4% |
| Total | 5.6 | 7.0 | 3.8 | 5.4 | -1.2% |
Top Suppliers of Flax Yarn to Vietnam in 2022:
- China (507.4 tons)
- Italy (27.4 tons)
- Hong Kong SAR (11.9 tons)
- Bulgaria (3.0 tons)
- South Korea (1.7 tons)
Flax Yarn Exports in Vietnam
Flax yarn exports from Vietnam soared to 730 kg in 2022, increasing by 32% against the previous year's figure. Over the period under review, exports, however, showed a sharp slump.
In value terms, flax yarn exports reduced notably to $5.4K in 2022. In general, exports, however, continue to indicate a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 49% against the previous year.
| Export of Flax Yarn in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 3.4 | 4.2 | 3.9 | -13.4% |
| Hong Kong SAR | 1.5 | 0.8 | 0.7 | 1.4 | -2.3% |
| India | 18.4 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 1.5 | N/A | 173.9% |
| Total | 26.1 | 4.3 | 6.5 | 5.4 | -40.9% |
Top Export Markets for Flax Yarn from Vietnam in 2022:
- China (678.0 kg)
- Hong Kong SAR (50.0 kg)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
