Price for Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $3,873 per ton, dropping by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2013 when the average import price increased by 43%. As a result, import price attained the peak level of $4,679 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($41,628 per ton), while the price for Belgium ($2,525 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia (FOB) - 2022
In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $6,218 per ton, declining by -44.4% against the previous year. Overall, the export price showed a deep contraction. The growth pace was the most rapid in 2019 when the average export price increased by 117%. The export price peaked at $28,580 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($15,844 per ton), while the average price for exports to Germany amounted to $4,676 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+3.7%).
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia
In 2022, imports of flax; hackled or otherwise processed, but not spuns into Indonesia skyrocketed to 255 tons, growing by 17% on the year before. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of flax; hackled or otherwise processed, but not spuns expanded notably to $988K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 72.4 | 165 | 238 | 501 | 90.6% |
| Italy | 67.7 | 95.5 | 164 | 319 | 67.6% |
| Japan | 318 | 180 | 474 | 152 | -21.8% |
| Others | 29.4 | 9.5 | 12.5 | 15.9 | -18.5% |
| Total | 487 | 451 | 890 | 988 | 26.6% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Indonesia in 2022:
- Belgium (198.5 tons)
- Japan (47.5 tons)
- Italy (7.7 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Indonesia
For the fourth year in a row, Indonesia recorded growth in shipments abroad of flax; hackled or otherwise processed, but not spuns, which increased by 61% to 326 kg in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of flax; hackled or otherwise processed, but not spuns reduced to $2K in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 95%. As a result, the exports reached the peak of $2.5K. 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 Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 1.3 | 0% |
| Norway | 1.3 | 2.5 | 0.2 | 0.7 | -18.6% |
| South Korea | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.3 | 2.5 | 2.3 | 2.0 | 15.4% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Indonesia in 2022:
- Germany (281.0 kg)
- Norway (45.0 kg)
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