Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ireland - 2023

Contents:

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

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $20,893 per ton in 2022, reducing by -66.1% against the previous year. Overall, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 144%. The import price peaked at $67,184 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 the United States ($55,133 per ton), while the price for the Netherlands ($8,722 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.9%), 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 Ireland (FOB) - 2022

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $46,382 per ton, dropping by -1.9% against the previous year. Over the period under review, the export price, however, showed a significant expansion. The export price peaked at $47,273 per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($47,605 per ton), while the average price for exports to the Netherlands ($24,000 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+77.8%).

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

After two years of decline, overseas purchases of flax; hackled or otherwise processed, but not spuns increased by 368% to 1.5 tons in 2022. Overall, imports, however, continue to indicate a precipitous contraction.

In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $32K in 2022. In general, imports, however, saw a precipitous setback.

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

1. Belgium (1054.0 kg)
2. Poland (229.0 kg)
3. Italy (78.0 kg)
4. China (64.0 kg)
5. United States (30.0 kg)
6. United Kingdom (11.0 kg)

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

Exports of flax; hackled or otherwise processed, but not spuns from Ireland skyrocketed to 55 kg in 2022, rising by 400% compared with 2021. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flax; hackled or otherwise processed, but not spuns surged to $2.6K in 2022. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Denmark (43.0 kg)
2. United Kingdom (11.0 kg)
3. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform