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

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Romania (CIF) - 2023
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Romania (FOB) - 2022
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Romania
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Romania

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

In November 2023, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $47,223 per ton, growing by 116% against the previous month. In general, the import price recorded a notable increase. The pace of growth appeared the most rapid in October 2023 an increase of 116% m-o-m. The import price peaked in November 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($47,637 per ton), while the price for Hungary ($26,318 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $12,540 per ton, declining by -25% against the previous year. Over the period under review, the export price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 53% against the previous year. The export price peaked at $16,731 per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($37,346 per ton), while the average price for exports to Turkey ($4,144 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 Turkey (+39.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 126 tons of yarn; of flax, multiple (folded) or cableds were imported into Romania; rising by 25% on the year before. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 102%. As a result, imports reached the peak of 146 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yarn; of flax, multiple (folded) or cableds soared to $1.5M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 49%. As a result, imports reached the peak of $1.6M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Italy (81.9 tons)
2. Egypt (42.2 tons)

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

In 2022, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by -28% to 9.9 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 6%. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn; of flax, multiple (folded) or cableds shrank markedly to $124K in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.

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

1. Italy (6.7 tons)
2. United Kingdom (1.8 tons)
3. Turkey (0.9 tons)
4. Sweden (0.3 tons)
5. Moldova (0.2 tons)

Source: IndexBox Market Intelligence Platform