Price for Flax; Broken or Scutched, But Not Spun in Denmark - 2023
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Denmark (CIF) - 2022
- Price for Flax; Broken or Scutched, But Not Spun in Denmark (FOB) - 2022
- Imports of Flax; Broken or Scutched, But Not Spun in Denmark
- Exports of Flax; Broken or Scutched, But Not Spun in Denmark
Price for Flax; Broken or Scutched, But Not Spun in Denmark (CIF) - 2022
The average import price for flax; broken or scutched, but not spuns stood at $43,805 per ton in 2022, with a decrease of -7.5% against the previous year. Overall, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 81% against the previous year. The import price peaked at $51,165 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($47,525 per ton) and Sweden ($44,281 per ton), while the price for Estonia ($36,409 per ton) and Poland ($43,656 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+8.0%).
Price for Flax; Broken or Scutched, But Not Spun in Denmark (FOB) - 2022
In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $5,687,000 per ton, picking up by 9,761% against the previous year. In general, the export price showed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the UK.
From 2014 to 2022, the rate of growth in terms of prices for the UK amounted to +414.0% per year.
Imports of Flax; Broken or Scutched, But Not Spun in Denmark
In 2022, approx. 9.4 tons of flax; broken or scutched, but not spuns were imported into Denmark; growing by 192% against the previous year's figure. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 411% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of flax; broken or scutched, but not spuns surged to $411K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 559%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Flax; Broken or Scutched, But Not Spun in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 13.0 | 144 | 121 | 270 | 174.9% |
| Poland | N/A | N/A | N/A | 71.1 | 0% |
| Belgium | N/A | 20.4 | 30.9 | 40.8 | 41.4% |
| Estonia | N/A | N/A | N/A | 28.8 | 0% |
| Others | 12.1 | 0.8 | N/A | N/A | -93.4% |
| Total | 25.1 | 165 | 152 | 411 | 153.9% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Denmark in 2022:
- Sweden (6.1 tons)
- Poland (1.6 tons)
- Belgium (0.9 tons)
- Estonia (0.8 tons)
Exports of Flax; Broken or Scutched, But Not Spun in Denmark
In 2022, exports of flax; broken or scutched, but not spuns from Denmark shrank rapidly to 2 kg, dropping by -99.9% compared with the previous year. In general, exports faced a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 871% against the previous year. As a result, the exports reached the peak of 1.9 tons, and then reduced remarkably in the following year.
In value terms, exports of flax; broken or scutched, but not spuns shrank sharply to $11K in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 946%. As a result, the exports reached the peak of $110K, and then contracted dramatically in the following year.
| Export of Flax; Broken or Scutched, But Not Spun in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 7.7 | N/A | 11.4 | 21.7% |
| Spain | 1.5 | N/A | N/A | N/A | 0% |
| Germany | N/A | 2.8 | 57.3 | N/A | 1946.4% |
| Sweden | 0.8 | N/A | N/A | N/A | 0% |
| France | N/A | N/A | 4.6 | N/A | 0% |
| Finland | N/A | N/A | 13.9 | N/A | 0% |
| Poland | N/A | N/A | 33.5 | N/A | 0% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 2.3 | 10.5 | 110 | 11.4 | 70.5% |
Top Export Markets for Flax; Broken or Scutched, But Not Spun from Denmark in 2022:
- United Kingdom (2.0 kg)
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