Price for Yarn; of Flax, Single in Greece - 2023
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Price for Yarn; of Flax, Single in Greece (CIF) - 2022
In 2022, the average yarn; of flax, single import price amounted to $14,776 per ton, with an increase of 46% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yarn; of flax, single import price increased by +86.9% against 2020 indices. 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 Belgium ($17,691 per ton), while the price for Portugal ($14,440 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Yarn; of Flax, Single in Greece
In 2022, overseas purchases of yarn; of flax, singles decreased by -54.4% to 17 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 128%. As a result, imports reached the peak of 70 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, yarn; of flax, single imports contracted dramatically to $257K in 2022. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 62%. As a result, imports reached the peak of $555K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Yarn; of Flax, Single in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 254 | 349 | 251 | 189 | -9.4% |
| Italy | 39.3 | 79.5 | 12.0 | 57.0 | 13.2% |
| Belgium | N/A | N/A | N/A | 10.6 | 0% |
| Bulgaria | 38.4 | 3.7 | N/A | N/A | -90.4% |
| Egypt | N/A | 117 | 62.0 | N/A | -47.0% |
| Others | 11.9 | 5.6 | 61.3 | N/A | 127.0% |
| Total | 343 | 555 | 387 | 257 | -9.2% |
Top Suppliers of Yarn; of Flax, Single to Greece in 2022:
- Portugal (13.1 tons)
- Italy (3.7 tons)
- Belgium (0.6 tons)
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