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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $3,019 per ton, which is down by -6.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $3,323 per ton in 2019; however, from 2020 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 Italy ($3,704 per ton), while the price for Egypt ($2,312 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $5,277 per ton in 2022, with a decrease of -17.2% against the previous year. Overall, the export price faced a deep setback. Over the period under review, the average export prices hit record highs at $6,369 per ton in 2021, and then declined significantly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($5,280 per ton), while the average price for exports to the United States totaled $5,275 per ton.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-17.2%).

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

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Israel surged to 194 tons, with an increase of 133% against the previous year. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 161%. As a result, imports attained the peak of 307 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $585K in 2022. In general, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 147%. As a result, imports attained the peak of $967K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy15917127.733528.2%
Egypt11243166.816413.6%
LithuaniaN/A1086.534.0-43.9%
Belgium1101771.730.7-34.6%
Germany3.859.82.113.653.0%
United States6.121.21.23.9-13.9%
BelarusN/AN/A160N/A0%
OthersN/AN/A2.63.430.8%
Total39196726958514.4%

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

  1. Italy (90.5 tons)
  2. Egypt (70.9 tons)
  3. Lithuania (13.8 tons)
  4. Belgium (10.0 tons)
  5. Germany (5.5 tons)
  6. United States (1.6 tons)

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

In 2022, approx. 379 kg of flax; hackled or otherwise processed, but not spuns were exported from Israel; picking up by 141% against the previous year. In general, exports enjoyed significant growth. 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 skyrocketed to $2K in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Israel (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States1.01.110.0%
ChinaN/A0.80%
OthersN/AN/A0%
Total1.02.0100.0%

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

  1. United States (218.0 kg)
  2. China (161.0 kg)

Source: IndexBox Market Intelligence Platform

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