Price for Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand
Price for Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $10,083 per ton in 2022, shrinking by -4.4% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 28%. The import price peaked at $24,035 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Samoa ($32,462 per ton), while the price for Denmark ($9,203 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand
In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into New Zealand declined rapidly to 3.1 tons, with a decrease of -19.7% compared with the previous year. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 144%. As a result, imports attained the peak of 3.8 tons, and then reduced markedly in the following year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted dramatically to $31K in 2022. Overall, imports, however, continue to indicate notable growth. The pace of growth appeared the most rapid in 2021 with an increase of 183% against the previous year. As a result, imports attained the peak of $40K, and then declined remarkably in the following year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 7.8 | 3.8 | 26.2 | 14.2 | 22.1% |
| Egypt | 2.1 | 6.7 | 8.5 | 9.4 | 64.8% |
| Belgium | 13.3 | 3.8 | 5.7 | 5.4 | -26.0% |
| Samoa | N/A | N/A | N/A | 2.1 | 0% |
| Others | 3.9 | N/A | N/A | N/A | 0% |
| Total | 27.1 | 14.3 | 40.4 | 31.0 | 4.6% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to New Zealand in 2022:
- Denmark (1539.0 kg)
- Egypt (909.0 kg)
- Belgium (560.0 kg)
- Samoa (65.0 kg)
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