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

Contents:

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

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

In 2022, the average yarn; of flax, single import price amounted to $6,905 per ton, picking up by 54% against the previous year. In general, the import price, however, showed a noticeable setback. Over the period under review, average import prices reached the peak figure at $9,164 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($15,362 per ton), while the price for Belarus ($2,607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+44.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average yarn; of flax, single export price amounted to $3,440 per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 20%. The export price peaked at $3,613 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Latvia.

From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +2.3% per year.

Imports of Yarn; of Flax, Single in Estonia

In 2022, overseas purchases of yarn; of flax, singles decreased by -22.6% to 9.9 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. As a result, imports attained the peak of 16 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, yarn; of flax, single imports skyrocketed to $69K in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% 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 -21.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. As a result, imports attained the peak of $88K. From 2021 to 2022, the growth of imports failed to regain momentum.

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

1. Belarus (6.4 tons)
2. Italy (2.3 tons)
3. Poland (1.0 tons)
4. Lithuania (0.2 tons)

Exports of Yarn; of Flax, Single in Estonia

In 2022, shipments abroad of yarn; of flax, singles decreased by -40.4% to 6.4 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, yarn; of flax, single exports plummeted to $22K in 2022. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 24%.

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

1. Latvia (6.4 tons)

Source: IndexBox Market Intelligence Platform