Price for Flax; Broken or Scutched, But Not Spun in Norway - 2023
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Norway (CIF) - 2022
- Imports of Flax; Broken or Scutched, But Not Spun in Norway
Price for Flax; Broken or Scutched, But Not Spun in Norway (CIF) - 2022
In 2022, the average import price for flax; broken or scutched, but not spuns amounted to $2,163 per ton, falling by -49% against the previous year. Over the period under review, the import price faced a deep reduction. The pace of growth was the most pronounced in 2015 when the average import price increased by 20%. As a result, import price attained the peak level of $9,264 per ton. From 2016 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 Italy ($6,896 per ton), while the price for Sweden stood at $752 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.7%), while the prices for the other major suppliers experienced a decline.
Imports of Flax; Broken or Scutched, But Not Spun in Norway
In 2022, imports of flax; broken or scutched, but not spuns into Norway expanded sharply to 209 kg, picking up by 8.9% compared with the year before. Over the period under review, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 911%. 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 reduced dramatically to $452 in 2022. Overall, imports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 620%. As a result, imports reached the peak of $814, and then dropped notably in the following year.
| Import of Flax; Broken or Scutched, But Not Spun in Norway (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.0 | 4.0 | 31.0 | 331 | 133.5% |
| Sweden | 27.0 | 2.0 | 93.0 | 121 | 64.9% |
| Finland | N/A | N/A | 26.0 | N/A | 0% |
| Denmark | 555 | 92.0 | 596 | N/A | 3.6% |
| Others | 107 | 15.0 | 68.0 | N/A | -20.3% |
| Total | 715 | 113 | 814 | 452 | -14.2% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Norway in 2022:
- Sweden (161.0 kg)
- Italy (48.0 kg)
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