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

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Poland (CIF) - 2023
  2. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Poland (FOB) - 2023
  3. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Poland
  4. Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Poland

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Poland (CIF) - 2023

In September 2023, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $4,526 per ton, surging by 188% against the previous month. Over the period under review, the import price saw measured growth. The import price peaked at $9,749 per ton in July 2023; however, from August 2023 to September 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($9,676 per ton), while the price for France ($3,455 per ton) was amongst the lowest.

From November 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Belgium (+6.1%), 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 Poland (FOB) - 2023

The average export price for flax; hackled or otherwise processed, but not spuns stood at $22,731 per ton in November 2023, surging by 268% against the previous month. Overall, the export price posted strong growth. The pace of growth was the most pronounced in September 2023 when the average export price increased by 449% m-o-m. Over the period under review, the average export prices hit record highs in November 2023.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Moldova ($15,322 per ton), while the average price for exports to Belarus amounted to $9,273 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.9%), 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 Poland

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Poland declined modestly to 1.1K tons, remaining constant against the previous year. Over the period under review, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of 141%. As a result, imports reached the peak of 1.1K tons, and then contracted in the following year.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reached $3.8M in 2022. Overall, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 190%.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2,8283172,7272,578-3.0%
France1,729255575583-30.4%
Lithuania149271N/A27723.0%
BelarusN/A236167111-31.4%
DenmarkN/AN/AN/A87.30%
Germany49.825.413384.019.0%
Others23.916469.258.534.8%
Total4,7801,2673,6713,779-7.5%

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

  1. Belgium (650.3 tons)
  2. France (263.9 tons)
  3. Belarus (78.5 tons)
  4. Lithuania (47.7 tons)
  5. Denmark (30.5 tons)
  6. Germany (25.4 tons)

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

Exports of flax; hackled or otherwise processed, but not spuns from Poland fell rapidly to 34 tons in 2022, which is down by -55.2% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 336% against the previous year. As a result, the exports attained the peak of 76 tons, and then dropped sharply in the following year.

In value terms, exports of flax; hackled or otherwise processed, but not spuns reduced sharply to $235K in 2022. Overall, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 97%. As a result, the exports reached the peak of $488K, and then fell notably in the following year.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France54.525.548.079.313.3%
Italy48.361.837.348.50.1%
Russia11.3N/A3.545.358.9%
Belarus16.54.81.236.330.1%
Denmark4.420.42276.513.9%
Moldova1.80.20.14.535.7%
Belgium0.12.035.83.4224.0%
Bosnia and HerzegovinaN/AN/AN/A2.70%
Germany21.256.794.4N/A111.0%
Others45.576.341.19.0-41.7%
Total2032484882355.0%

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

  1. France (11.0 tons)
  2. Russia (10.4 tons)
  3. Belarus (5.4 tons)
  4. Italy (2.7 tons)
  5. Belgium (1.0 tons)
  6. Denmark (0.8 tons)
  7. Moldova (0.8 tons)
  8. Bosnia and Herzegovina (0.5 tons)

Source: IndexBox Market Intelligence Platform

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