Price for Yarn; of Flax, Single in Bulgaria - 2023

Contents:

1. Price for Yarn; of Flax, Single in Bulgaria (CIF) - 2022
2. Price for Yarn; of Flax, Single in Bulgaria (FOB) - 2022
3. Imports of Yarn; of Flax, Single in Bulgaria
4. Exports of Yarn; of Flax, Single in Bulgaria

Price for Yarn; of Flax, Single in Bulgaria (CIF) - 2022

The average yarn; of flax, single import price stood at $14,416 per ton in 2022, increasing by 30% against the previous year. Over the last decade, it increased at an average annual rate of +4.5%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($16,914 per ton), while the price for Ethiopia ($13,711 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Single in Bulgaria (FOB) - 2022

In 2022, the average yarn; of flax, single export price amounted to $12,947 per ton, dropping by -6.9% against the previous year. Over the period under review, the export price showed a pronounced downturn. The growth pace was the most rapid in 2017 an increase of 54%. Over the period under review, the average export prices attained the peak figure at $22,829 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($12,792 per ton), while the average price for exports to Greece totaled $12,126 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+1.6%).

Imports of Yarn; of Flax, Single in Bulgaria

In 2022, purchases abroad of yarn; of flax, singles was finally on the rise to reach 268 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single imports soared to $3.9M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn; of Flax, Single to Bulgaria in 2022:

1. China (168.8 tons)
2. Ethiopia (72.5 tons)
3. Italy (25.6 tons)
4. Belgium (0.8 tons)

Exports of Yarn; of Flax, Single in Bulgaria

In 2022, yarn; of flax, single exports from Bulgaria dropped notably to 880 kg, reducing by -78.4% on 2021. In general, exports continue to indicate a precipitous decrease. The smallest decline of -31% was in 2021.

In value terms, yarn; of flax, single exports declined significantly to $11K in 2022. Over the period under review, exports faced a dramatic descent. The smallest decline of -27.7% was in 2021.

Top Export Markets for Yarn; of Flax, Single from Bulgaria in 2022:

1. Greece (496.0 kg)
2. Italy (367.0 kg)

Source: IndexBox Market Intelligence Platform