Price for Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia - 2023
Contents:
- Price for Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia (FOB) - 2022
- Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia
Price for Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia (FOB) - 2022
In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $14,781 per ton, increasing by 8.5% against the previous year. In general, the export price, however, saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 1,527%. The export price peaked at $432,587 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($85,667 per ton), while the average price for exports to Australia ($2,514 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 the Philippines (+1,403.6%), while the prices for the other major destinations experienced mixed trend patterns.
Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia
In 2022, overseas shipments of yarn; of flax, multiple (folded) or cableds decreased by -87.3% to 172 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports faced a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 65% against the previous year. As a result, the exports attained the peak of 1.4 tons, and then fell significantly in the following year.
In value terms, exports of yarn; of flax, multiple (folded) or cableds contracted remarkably to $3.5K in 2022. Overall, exports faced a dramatic contraction.
| Export of Yarn; of Flax, Multiple (Folded) or Cabled in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Singapore | 6.2 | 15.3 | 2.2 | -40.4% | |
| India | 1.9 | 9.1 | 0.9 | -31.2% | |
| Nigeria | N/A | N/A | 0.3 | 0% | |
| Australia | 1.3 | 0.7 | 0.1 | -72.3% | |
| Philippines | 184 | N/A | N/A | 0% | |
| Others | N/A | 0.3 | N/A | 0% | |
| Total | 193 | 25.3 | 3.5 | -86.5% | |
Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Malaysia in 2022:
- India (100.0 kg)
- Australia (35.0 kg)
- Singapore (34.0 kg)
- Nigeria (3.0 kg)
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