Price for Yarn; of Flax, Multiple (Folded) or Cabled in Egypt - 2024

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Egypt (FOB) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Egypt (CIF) - 2022
3. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Egypt
4. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Egypt

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Egypt (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $20,545 per ton in 2022, which is down by -4.7% against the previous year. In general, the export price, however, recorded a slight expansion. The growth pace was the most rapid in 2015 an increase of 346%. The export price peaked at $24,397 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($20,551 per ton) and Spain ($20,546 per ton), while the average price for exports to France ($20,534 per ton) and Greece ($20,544 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Syrian Arab Republic (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Egypt (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $9,350 per ton in 2022, dropping by -11.6% against the previous year. Overall, the import price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 3,766%. As a result, import price attained the peak level of $90,221 per ton. From 2020 to 2022, the average 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 Italy ($27,802 per ton), while the price for China amounted to $8,131 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+85.8%), while the prices for the other major suppliers experienced a decline.

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Egypt

In 2022, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by -2% to 258 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.1%. As a result, the exports reached the peak of 263 tons, and then contracted modestly in the following year.

In value terms, exports of yarn; of flax, multiple (folded) or cableds dropped to $5.3M in 2022. The total export value increased at an average annual rate of +6.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 25% against the previous year.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Egypt in 2022:

1. Germany (67.1 tons)
2. Italy (61.8 tons)
3. Romania (29.5 tons)
4. Turkey (21.2 tons)
5. Spain (15.0 tons)
6. Czech Republic (14.3 tons)
7. Slovenia (11.6 tons)
8. Hungary (7.7 tons)
9. Greece (5.6 tons)
10. Croatia (4.7 tons)
11. Belgium (1.4 tons)
12. France (0.5 tons)

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Egypt

In 2022, supplies from abroad of yarn; of flax, multiple (folded) or cableds increased by 3,391% to 7.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $67K in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Egypt in 2022:

1. China (6.7 tons)
2. Italy (0.4 tons)

Source: IndexBox Market Intelligence Platform