Price for Yarn; of Flax, Multiple (Folded) or Cabled in Estonia - 2023

Contents:

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

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $20,085 per ton, with a decrease of -25.8% against the previous year. Overall, the export price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 334%. Over the period under review, the average export prices hit record highs at $27,062 per ton in 2021, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($15,062 per ton), while the average price for exports to Latvia stood at $3,710 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-3.6%).

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $11,607 per ton in 2022, falling by -21.6% against the previous year. Over the period under review, the import price, however, showed slight growth. The pace of growth was the most pronounced in 2019 when the average import price increased by 703% against the previous year. As a result, import price reached the peak level of $29,368 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($10,824 per ton), while the price for Lithuania stood at $9,199 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of yarn; of flax, multiple (folded) or cableds were finally on the rise to reach 608 kg after two years of decline. Overall, exports saw a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of flax, multiple (folded) or cableds dropped to $12K in 2022. In general, exports, however, recorded a abrupt slump. The smallest decline of -0.7% was in 2021.

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

1. Russia (452.0 kg)
2. Latvia (124.0 kg)

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

In 2022, imports of yarn; of flax, multiple (folded) or cableds into Estonia declined rapidly to 1.2 tons, with a decrease of -15.7% against the year before. In general, imports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 133%. As a result, imports reached the peak of 1.4 tons, and then shrank markedly in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds declined notably to $11K in 2022. Overall, imports saw a significant curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 50%.

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

1. Lithuania (835.0 kg)
2. Poland (352.0 kg)

Source: IndexBox Market Intelligence Platform