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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $5,067 per ton, rising by 95% against the previous year. In general, the import price saw resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 575%. The import price peaked at $11,855 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($7,963 per ton), while the price for Germany ($2,257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $6,942 per ton in 2022, shrinking by -9.7% against the previous year. Overall, the export price showed a perceptible decrease. The most prominent rate of growth was recorded in 2017 an increase of 51% against the previous year. Over the period under review, the average export prices attained the peak figure at $9,500 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.2% per year.

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

In 2022, imports of flax; hackled or otherwise processed, but not spuns into Slovakia surged to 5 tons, jumping by 297% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 3,333% against the previous year. As a result, imports attained the peak of 5.4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of flax; hackled or otherwise processed, but not spuns surged to $25K in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,542% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A14.90%
Egypt0.63.9N/A5.6110.5%
Czech RepublicN/A4.51.02.2-30.1%
GermanyN/A11.32.32.2-55.9%
Others0.60.2N/A0.75.3%
Total1.219.93.325.5177.0%

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

  1. Belgium (3.0 tons)
  2. Germany (1.0 tons)
  3. Egypt (0.7 tons)
  4. Czech Republic (0.3 tons)

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

In 2022, the amount of flax; hackled or otherwise processed, but not spuns exported from Slovakia skyrocketed to 554 kg, increasing by 94% on the year before. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 520%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of flax; hackled or otherwise processed, but not spuns surged to $3.8K in 2022. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 585%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.10.42.23.8236.2%
OthersN/AN/AN/AN/A0%
Total0.10.42.23.8236.2%

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

  1. Germany (554.0 kg)

Source: IndexBox Market Intelligence Platform

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