Price for Flax; Broken or Scutched, But Not Spun in Spain - 2022

Contents:

  1. Price for Flax; Broken or Scutched, But Not Spun in Spain (CIF) - 2022
  2. Price for Flax; Broken or Scutched, But Not Spun in Spain (FOB) - 2022
  3. Imports of Flax; Broken or Scutched, But Not Spun in Spain
  4. Exports of Flax; Broken or Scutched, But Not Spun in Spain

Price for Flax; Broken or Scutched, But Not Spun in Spain (CIF) - 2022

The average import price for flax; broken or scutched, but not spuns stood at $12,459 per ton in 2022, increasing by 50% against the previous year. In general, the import price continues to indicate a resilient expansion. The growth pace was the most rapid in 2021 an increase of 101%. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($58,000 per ton), while the price for the Netherlands amounted to $12,261 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+275.0%).

Price for Flax; Broken or Scutched, But Not Spun in Spain (FOB) - 2022

In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $15,019 per ton, jumping by 785% against the previous year. Overall, the export price showed a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($70,000 per ton), while the average price for exports to the Netherlands stood at $13,962 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+49.6%).

Imports of Flax; Broken or Scutched, But Not Spun in Spain

In 2022, the amount of flax; broken or scutched, but not spuns imported into Spain contracted remarkably to 231 kg, dropping by -24.3% compared with the previous year's figure. Over the period under review, imports saw a sharp slump.

In value terms, imports of flax; broken or scutched, but not spuns expanded sharply to $2.9K in 2022. In general, imports recorded a precipitous curtailment.

Import of Flax; Broken or Scutched, But Not Spun in Spain (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
NetherlandsN/A2.52.812.0%
Egypt16.9N/A0.1-92.3%
OthersN/AN/AN/A0%
Total16.92.52.9-58.6%

Top Suppliers of Flax; Broken or Scutched, But Not Spun to Spain in 2022:

  1. Netherlands (230.0 kg)
  2. Egypt (1.0 kg)

Exports of Flax; Broken or Scutched, But Not Spun in Spain

In 2022, after three years of growth, there was significant decline in shipments abroad of flax; broken or scutched, but not spuns, when their volume decreased by 99.9% to 53 kg. Over the period under review, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 14,666% against the previous year. As a result, the exports reached the peak of 114 tons, and then declined notably in the following year.

In value terms, exports of flax; broken or scutched, but not spuns reduced rapidly to $796 in 2022. Overall, exports showed a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 11,628% against the previous year. As a result, the exports attained the peak of $193K, and then contracted rapidly in the following year.

Export of Flax; Broken or Scutched, But Not Spun in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.2N/A5.40.7-31.7%
FranceN/AN/AN/A0.10%
Taiwan (Chinese)N/AN/A187N/A0%
OthersN/A1.6N/AN/A0%
Total2.21.61930.8-28.6%

Top Export Markets for Flax; Broken or Scutched, But Not Spun from Spain in 2022:

  1. Netherlands (52.0 kg)
  2. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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