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

Contents:

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

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $28,797 per ton in 2022, with an increase of 18% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($30,588 per ton), while the price for Japan ($20,539 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for yarn; of flax, multiple (folded) or cableds stood at $25,580 per ton in 2022, leveling off at the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 383%. Over the period under review, the average export prices hit record highs at $25,652 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,000 per ton), while the average price for exports to Singapore stood at $3,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+675.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of yarn; of flax, multiple (folded) or cableds into Thailand shrank sharply to 4.9 tons in 2022, dropping by -92.9% against the previous year. In general, imports saw a sharp descent. The pace of growth was the most pronounced in 2021 when imports increased by 103% against the previous year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds reduced remarkably to $136K in 2022. Over the period under review, imports showed a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 93%.

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

1. Italy (3.4 tons)
2. Japan (1.2 tons)
3. China (0.3 tons)

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

In 2022, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by 0% to 2 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 859%. As a result, the exports reached the peak of 441 kg. 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 amounted to $6 in 2022. In general, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 1,191% against the previous year. As a result, the exports attained the peak of $11K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Hong Kong SAR (1.0 kg)
2. Singapore (1.0 kg)

Source: IndexBox Market Intelligence Platform