Price for Flax; Hackled or Otherwise Processed, But Not Spun in Brazil - 2024
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (CIF) - 2024
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (CIF) - 2024
The average import price for flax; hackled or otherwise processed, but not spuns stood at $4,509 per ton in January 2024, dropping by -2.6% against the previous month. Over the period from February 2023 to January 2024, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 when the average import price increased by 36% month-to-month. As a result, import price reached the peak level of $5,683 per ton. From May 2023 to January 2024, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From February 2023 to January 2024, the rate of growth in terms of prices for Belgium amounted to +1.6% per month.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (FOB) - 2022
In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $5,440 per ton, dropping by -46.6% against the previous year. Over the period under review, the export price faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 an increase of 118%. Over the period under review, the average export prices hit record highs at $23,500 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($4,192 per ton), while the average price for exports to Angola totaled $1,500 per ton.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Angola (-49.4%).
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil
In 2022, approx. 906 tons of flax; hackled or otherwise processed, but not spuns were imported into Brazil; picking up by 4.8% on the year before. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of flax; hackled or otherwise processed, but not spuns dropped modestly to $3.5M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 78% against the previous year. As a result, imports attained the peak of $3.6M, and then dropped modestly in the following year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.2 | 1.3 | 2.4 | 2.7 | 7.1% |
| Lithuania | 0.2 | 0.7 | 1.2 | 0.7 | 51.8% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 2.4 | 2.0 | 3.6 | 3.5 | 13.4% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Brazil in 2022:
- Belgium (785.6 tons)
- Lithuania (119.5 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil
In 2022, exports of flax; hackled or otherwise processed, but not spuns from Brazil soared to 50 kg, increasing by 138% against 2021 figures. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 4,167%. As a result, the exports attained the peak of 256 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of flax; hackled or otherwise processed, but not spuns soared to $272 in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 747%. As a result, the exports reached the peak of $1.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Brazil (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 109 | 0% |
| Angola | 58.0 | 85.0 | 60.0 | 36.0 | -14.7% |
| Singapore | N/A | 282 | N/A | N/A | 0% |
| Others | 83.0 | 827 | 154 | 127 | 15.2% |
| Total | 141 | 1,194 | 214 | 272 | 24.5% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Brazil in 2022:
- United Arab Emirates (26.0 kg)
- Angola (24.0 kg)
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