Price for Flax; Hackled or Otherwise Processed, But Not Spun in Greece - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Greece (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Greece (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Greece
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Greece
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Greece (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $3,159 per ton in 2022, reducing by -39.1% against the previous year. In general, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 81%. As a result, import price reached the peak level of $5,187 per ton, and then fell dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($5,276 per ton), while the price for Bulgaria ($1,906 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Greece (FOB) - 2022
In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $7,022 per ton, dropping by -9.7% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 when the average export price increased by 48% against the previous year. The export price peaked at $26,500 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was North Macedonia ($9,354 per ton), while the average price for exports to Cyprus ($4,713 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 North Macedonia (+30.0%), 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 Greece
In 2022, after two years of decline, there was significant growth in purchases abroad of flax; hackled or otherwise processed, but not spuns, when their volume increased by 297% to 34 tons. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of flax; hackled or otherwise processed, but not spuns soared to $106K in 2022. Over the period under review, imports, however, recorded a perceptible decrease.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 104 | 37.5 | 27.1 | 92.1 | -4.0% |
| Italy | N/A | N/A | 2.3 | 10.8 | 369.6% |
| Bulgaria | 3.0 | 2.3 | 3.4 | 2.7 | -3.5% |
| Others | 6.2 | 0.5 | 11.0 | 0.5 | -56.8% |
| Total | 114 | 40.3 | 43.8 | 106 | -2.4% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Greece in 2022:
- Egypt (30.0 tons)
- Italy (2.0 tons)
- Bulgaria (1.4 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Greece
Exports of flax; hackled or otherwise processed, but not spuns from Greece declined significantly to 3.3 tons in 2022, shrinking by -16.8% against the previous year's figure. In general, exports saw a perceptible descent. The growth pace was the most rapid in 2021 when exports increased by 201% against the previous year. As a result, the exports reached the peak of 3.9 tons, and then reduced rapidly in the following year.
In value terms, exports of flax; hackled or otherwise processed, but not spuns shrank markedly to $23K in 2022. Over the period under review, exports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 344%. As a result, the exports attained the peak of $31K, and then declined notably in the following year.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Serbia | N/A | 4.1 | 10.6 | 12.4 | 73.9% |
| North Macedonia | 12.8 | N/A | N/A | 6.2 | -21.5% |
| Cyprus | 1.7 | 1.9 | 2.5 | 1.8 | 1.9% |
| Montenegro | N/A | N/A | 4.0 | 1.6 | -60.0% |
| Hungary | N/A | 0.6 | 0.5 | 0.2 | -42.3% |
| Bosnia and Herzegovina | N/A | N/A | 12.0 | N/A | 0% |
| Slovenia | N/A | 0.2 | 0.9 | N/A | 350.0% |
| Others | 0.2 | 0.1 | 0.1 | 0.6 | 44.2% |
| Total | 14.7 | 6.9 | 30.5 | 22.9 | 15.9% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Greece in 2022:
- Serbia (1744.0 kg)
- North Macedonia (664.0 kg)
- Cyprus (390.0 kg)
- Montenegro (294.0 kg)
- Hungary (43.0 kg)
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