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

Contents:

1. Price for Yarn; of Flax, Single in Germany (CIF) - 2023
2. Price for Yarn; of Flax, Single in Germany (FOB) - 2023
3. Imports of Yarn; of Flax, Single in Germany
4. Exports of Yarn; of Flax, Single in Germany

Price for Yarn; of Flax, Single in Germany (CIF) - 2023

In July 2023, the average yarn; of flax, single import price amounted to $14,553 per ton, rising by 4.2% against the previous month. In general, import price indicated a buoyant increase from July 2022 to July 2023: its price increased at an average monthly rate of +7.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, yarn; of flax, single import price decreased by -5.7% against May 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 186% against the previous month. As a result, import price reached the peak level of $16,874 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($28,725 per ton), while the price for Egypt ($3,554 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Single in Germany (FOB) - 2023

The average yarn; of flax, single export price stood at $7,022 per ton in July 2023, which is down by -34.3% against the previous month. Over the period under review, the export price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in December 2022 an increase of 109% against the previous month. The export price peaked at $13,007 per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Belgium ($9,909 per ton), while the average price for exports to Poland ($5,008 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Germany

Yarn; of flax, single imports into Germany expanded rapidly to 582 tons in 2022, increasing by 6.9% on 2021 figures. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 11%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, yarn; of flax, single imports soared to $6.1M in 2022. The total import value increased at an average annual rate of +13.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Egypt (150.4 tons)
2. Poland (121.7 tons)
3. China (119.4 tons)
4. France (73.9 tons)
5. Italy (60.4 tons)
6. Ethiopia (29.0 tons)
7. Belgium (18.0 tons)

Exports of Yarn; of Flax, Single in Germany

In 2022, approx. 180 tons of yarn; of flax, singles were exported from Germany; picking up by 110% against 2021 figures. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single exports soared to $1.5M in 2022. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Poland (undefined tons)
2. Belgium (122.0 tons)
3. France (37.1 tons)
4. United Kingdom (7.9 tons)
5. Austria (7.6 tons)
6. Switzerland (2.1 tons)
7. Netherlands (0.2 tons)

Source: IndexBox Market Intelligence Platform