Price for Flax; Broken or Scutched, But Not Spun in Sweden - 2023

Contents:

  1. Price for Flax; Broken or Scutched, But Not Spun in Sweden (FOB) - 2022
  2. Exports of Flax; Broken or Scutched, But Not Spun in Sweden

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

The average export price for flax; broken or scutched, but not spuns stood at $23,750 per ton in 2022, rising by 4,056% against the previous year. Over the period under review, the export price posted a significant increase. Over the period under review, the average export prices hit record highs at $39,000 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($57,000 per ton), while the average price for exports to Norway ($1,000 per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.6%).

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

For the third consecutive year, Sweden recorded growth in shipments abroad of flax; broken or scutched, but not spuns, which increased by 14% to 8 kg in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 250%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of flax; broken or scutched, but not spuns soared to $190 in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flax; Broken or Scutched, But Not Spun in Sweden (USD)
COUNTRY202020212022CAGR,
2020-2022
Denmark77.02.017149.0%
Netherlands1.01.018.0324.3%
NorwayN/A1.01.00.0%
OthersN/AN/AN/A0%
Total78.04.019056.1%

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

  1. Netherlands (4.0 kg)
  2. Denmark (3.0 kg)
  3. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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