Price for Flax; Hackled or Otherwise Processed, But Not Spun in Denmark - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (FOB) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (CIF) - 2022
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $10,121 per ton in 2022, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($12,619 per ton), while the average price for exports to Russia ($6,505 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 Russia (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $8,854 per ton in 2022, jumping by 28% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flax; hackled or otherwise processed, but not spuns increased by +109.2% against 2015 indices. The pace of growth was the most pronounced in 2018 when the average import price increased by 28%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,416 per ton), while the price for Egypt ($5,048 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark
In 2022, approx. 58 tons of flax; hackled or otherwise processed, but not spuns were exported from Denmark; with a decrease of -59.2% against the year before. In general, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 24%. As a result, the exports attained the peak of 142 tons, and then fell remarkably in the following year.
In value terms, exports of flax; hackled or otherwise processed, but not spuns shrank rapidly to $585K in 2022. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of $1.3M, and then declined notably in the following year.
Export of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 128 | 140 | 153 | 184 | 12.9% |
Finland | 173 | 159 | 195 | 182 | 1.7% |
Russia | 492 | 531 | 679 | 82.3 | -44.9% |
Latvia | 35.6 | 48.7 | 47.1 | 42.1 | 5.7% |
Estonia | 34.0 | 34.5 | 43.2 | 39.1 | 4.8% |
Lithuania | 24.2 | 16.4 | 34.1 | 20.2 | -5.8% |
New Zealand | 9.6 | 15.7 | 45.8 | 11.5 | 6.2% |
Others | 68.2 | 37.6 | 80.4 | 24.1 | -29.3% |
Total | 965 | 984 | 1,277 | 585 | -15.4% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Denmark in 2022:
- Finland (16.8 tons)
- Sweden (14.8 tons)
- Russia (12.7 tons)
- Estonia (4.3 tons)
- Latvia (3.3 tons)
- Lithuania (2.9 tons)
- New Zealand (1.6 tons)
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark
Imports of flax; hackled or otherwise processed, but not spuns into Denmark contracted dramatically to 42 tons in 2022, falling by -67.4% compared with 2021. Over the period under review, imports saw a precipitous contraction. The smallest decline of -3.8% was in 2020.
In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted sharply to $375K in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -1.1% was in 2020.
Import of Flax; Hackled or Otherwise Processed, But Not Spun in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 348 | 384 | 209 | 121 | -29.7% |
Hungary | 315 | 335 | 106 | 101 | -31.6% |
Poland | 884 | 753 | 480 | 75.9 | -55.9% |
Egypt | 11.8 | 31.7 | 99.1 | 69.0 | 80.2% |
Others | 37.3 | 75.8 | 5.5 | 8.7 | -38.4% |
Total | 1,596 | 1,579 | 899 | 375 | -38.3% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Denmark in 2022:
- Egypt (13.7 tons)
- Hungary (11.9 tons)
- Germany (9.7 tons)
- Poland (6.3 tons)
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