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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $3,003 per ton, falling by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2019 an increase of 11% against the previous year. The import price peaked at $3,157 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,427 per ton), while the price for Belgium amounted to $2,835 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), 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 Slovenia (FOB) - 2022

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $2,978 per ton, which is down by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $3,590 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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 Serbia ($5,976 per ton), while the average price for exports to Italy ($2,482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+38.8%), 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 Slovenia

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Slovenia fell significantly to 384 tons, shrinking by -27.2% on the previous year's figure. Overall, imports saw a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, imports attained the peak of 527 tons, and then contracted markedly in the following year.

In value terms, imports of flax; hackled or otherwise processed, but not spuns shrank dramatically to $1.2M in 2022. Over the period under review, imports saw a noticeable decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports reached the peak of $1.7M, and then fell remarkably in the following year.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1,2531,1081,5531,017-6.7%
Italy22.413711013180.2%
Others3.45.81.13.94.7%
Total1,2791,2501,6641,152-3.4%

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

  1. Belgium (358.8 tons)
  2. Italy (24.2 tons)

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

In 2022, overseas shipments of flax; hackled or otherwise processed, but not spuns decreased by -65.1% to 6.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, continue to indicate strong growth. The growth pace was the most rapid in 2020 with an increase of 566% against the previous year. As a result, the exports reached the peak of 33 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flax; hackled or otherwise processed, but not spuns declined dramatically to $18K in 2022. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 627% against the previous year. As a result, the exports attained the peak of $96K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy9.590.351.412.69.9%
Croatia0.63.00.32.049.4%
Bosnia and Herzegovina1.81.91.61.91.8%
Serbia0.80.50.31.523.3%
Others0.40.11.10.2-20.6%
Total13.295.854.918.211.3%

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

  1. Italy (5.1 tons)
  2. Croatia (0.4 tons)
  3. Serbia (0.3 tons)
  4. Bosnia and Herzegovina (0.3 tons)

Source: IndexBox Market Intelligence Platform

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