Price for Flax; Hackled or Otherwise Processed, But Not Spun in Portugal - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Portugal (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Portugal (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Portugal
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Portugal
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Portugal (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $4,203 per ton in 2022, reducing by -4.2% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $4,386 per ton, and then shrank modestly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($4,265 per ton), while the price for Egypt ($3,838 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%), 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 Portugal (FOB) - 2022
In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $1,123 per ton, which is down by -54.5% against the previous year. In general, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2015 when the average export price increased by 23% against the previous year. The export price peaked at $7,658 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Angola ($5,297 per ton), while the average price for exports to France stood at $1,001 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+17.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Portugal
In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Portugal reduced remarkably to 248 tons, declining by -24.9% compared with the year before. Over the period under review, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 75%.
In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted rapidly to $1M in 2022. Overall, imports showed a precipitous shrinkage. The growth pace was the most rapid in 2021 when imports increased by 106% against the previous year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,661 | 624 | 1,297 | 870 | -19.4% |
| Spain | 12.1 | N/A | N/A | 102 | 103.5% |
| Egypt | 108 | 57.1 | 67.3 | 65.3 | -15.4% |
| France | 238 | N/A | N/A | N/A | 0% |
| Others | 34.7 | 22.3 | 83.3 | 3.7 | -52.6% |
| Total | 2,054 | 703 | 1,447 | 1,042 | -20.2% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Portugal in 2022:
- Belgium (204.1 tons)
- Spain (26.1 tons)
- Egypt (17.0 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Portugal
In 2022, exports of flax; hackled or otherwise processed, but not spuns from Portugal skyrocketed to 40 tons, jumping by 934% compared with the previous year. Over the period under review, exports recorded 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 soared to $45K in 2022. In general, exports posted a significant increase. 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 Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | 6.1 | 39.0 | 539.3% |
| Angola | 10.5 | 2.5 | 3.2 | 5.5 | -19.4% |
| Others | 0.2 | N/A | 0.2 | 0.4 | 26.0% |
| Total | 10.7 | 2.5 | 9.6 | 45.0 | 61.4% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Portugal in 2022:
- France (39.0 tons)
- Angola (1.0 tons)
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