Price for Flax; Hackled or Otherwise Processed, But Not Spun in the UK - 2024
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in the UK (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in the UK (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the UK
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the UK
Price for Flax; Hackled or Otherwise Processed, But Not Spun in the UK (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $2,585 per ton in 2022, falling by -32.9% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 43% against the previous year. Over the period under review, average import prices attained the maximum at $9,450 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 China ($4,866 per ton), while the price for Belgium ($1,629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in the UK (FOB) - 2022
In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $11,086 per ton, reducing by -28.1% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 63%. The export price peaked at $15,428 per ton in 2021, and then declined markedly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($70,556 per ton), while the average price for exports to Ireland ($2,845 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 Mauritius (+25.8%), 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 the UK
After two years of decline, overseas purchases of flax; hackled or otherwise processed, but not spuns increased by 912% to 168 tons in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of flax; hackled or otherwise processed, but not spuns soared to $434K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | N/A | N/A | N/A | 193 | 0% |
| China | 2.5 | N/A | 3.4 | 84.2 | 222.9% |
| Belgium | 23.4 | 5.7 | N/A | 83.0 | 52.5% |
| Lithuania | N/A | N/A | N/A | 44.6 | 0% |
| Netherlands | 72.5 | 43.9 | 48.8 | 2.2 | -68.8% |
| Germany | 28.4 | 7.1 | 0.1 | 1.9 | -59.4% |
| Others | 2.6 | 9.9 | 11.7 | 24.9 | 112.4% |
| Total | 129 | 66.6 | 64.0 | 434 | 49.8% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to the UK in 2022:
- Belarus (77.1 tons)
- Belgium (51.0 tons)
- Lithuania (19.0 tons)
- China (17.3 tons)
- Netherlands (0.5 tons)
- Germany (0.5 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the UK
In 2022, shipments abroad of flax; hackled or otherwise processed, but not spuns was finally on the rise to reach 4.3 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp setback.
In value terms, exports of flax; hackled or otherwise processed, but not spuns dropped markedly to $47K in 2022. Over the period under review, exports, however, showed a significant decrease.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 62.8 | 92.8 | 47.2 | 23.5 | -27.9% |
| Oman | N/A | N/A | N/A | 14.6 | 0% |
| Ireland | 14.0 | 19.5 | 1.5 | 1.8 | -49.5% |
| New Zealand | N/A | 1.3 | N/A | 1.5 | 7.4% |
| Germany | 42.6 | 0.3 | N/A | N/A | -99.3% |
| Mauritius | 18.6 | 1.8 | N/A | N/A | -90.3% |
| France | 9.2 | 0.5 | N/A | N/A | -94.6% |
| Italy | 8.9 | 0.1 | N/A | N/A | -98.9% |
| Others | 56.7 | 15.9 | 8.1 | 6.1 | -52.4% |
| Total | 213 | 132 | 56.8 | 47.4 | -39.4% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from the UK in 2022:
- Poland (2846.0 kg)
- Ireland (624.0 kg)
- Oman (596.0 kg)
- New Zealand (148.0 kg)
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