Price for Flax; Hackled or Otherwise Processed, But Not Spun in China - 2024

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in China (CIF) - 2022
  2. Price for Flax; Hackled or Otherwise Processed, But Not Spun in China (FOB) - 2022
  3. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in China
  4. Exports of Flax; Hackled or Otherwise Processed, But Not Spun in China

Price for Flax; Hackled or Otherwise Processed, But Not Spun in China (CIF) - 2022

The average import price for flax; hackled or otherwise processed, but not spuns stood at $2,509 per ton in 2022, falling by -12.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70% against the previous year. The import price peaked at $4,870 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,662 per ton), while the price for Belarus ($1,028 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flax; Hackled or Otherwise Processed, But Not Spun in China (FOB) - 2022

The average export price for flax; hackled or otherwise processed, but not spuns stood at $13,544 per ton in 2022, jumping by 16% against the previous year. In general, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 89% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($16,071 per ton), while the average price for exports to Comoros ($1,088 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in China

In 2022, supplies from abroad of flax; hackled or otherwise processed, but not spuns increased by 2.2% to 378 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a dramatic shrinkage.

In value terms, imports of flax; hackled or otherwise processed, but not spuns shrank to $948K in 2022. Over the period under review, imports, however, continue to indicate a dramatic shrinkage.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.72.20.40.3-56.7%
Belgium2.41.10.60.3-50.0%
Belarus2.61.70.10.2-57.5%
Egypt1.71.8N/A0.2-51.0%
Russia0.30.2N/AN/A-33.3%
OthersN/A0.2N/AN/A0%
Total10.77.21.10.9-56.2%

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to China in 2022:

  1. Belarus (152.0 tons)
  2. Belgium (95.0 tons)
  3. France (80.6 tons)
  4. Egypt (50.0 tons)

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in China

Exports of flax; hackled or otherwise processed, but not spuns from China fell markedly to 11 tons in 2022, with a decrease of -64.8% compared with the year before. Overall, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 75% against the previous year.

In value terms, exports of flax; hackled or otherwise processed, but not spuns dropped markedly to $148K in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 116% against the previous year.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico84.9N/A16187.91.2%
Japan55.935.280.151.2-2.9%
South Korea16.918.144.37.5-23.7%
ComorosN/AN/AN/A0.70%
MalaysiaN/A37.014.5N/A-60.8%
Tunisia241N/A35.4N/A-61.7%
Italy42.165.613.4N/A-43.6%
Others2.312.414.70.7-32.7%
Total443168363148-30.6%

Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from China in 2022:

  1. Mexico (5.8 tons)
  2. Japan (3.2 tons)
  3. South Korea (1.2 tons)
  4. Comoros (0.6 tons)

Source: IndexBox Market Intelligence Platform

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