Price for Yarn; of Flax, Single in Israel - 2022

Contents:

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

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

The average yarn; of flax, single import price stood at $12,751 per ton in 2022, rising by 18% against the previous year. In general, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 +12.6% against 2019 indices. The pace of growth was the most pronounced in 2015 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain 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 Egypt ($12,751 per ton), while the price for China totaled $12,751 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average yarn; of flax, single export price stood at $11,187 per ton in 2022, approximately mirroring the previous year. Overall, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 export price increased by +52.6% against 2012 indices. The pace of growth was the most pronounced in 2018 an increase of 22% against the previous year. The export price peaked at $11,278 per ton in 2021, and then shrank modestly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Palestine amounted to +4.3% per year.

Imports of Yarn; of Flax, Single in Israel

Yarn; of flax, single imports into Israel surged to 2 tons in 2022, increasing by 121% compared with 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 672%. As a result, imports reached the peak of 4.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, yarn; of flax, single imports skyrocketed to $26K in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 633%. As a result, imports attained the peak of $44K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. Egypt (2.0 tons)
2. China (0.1 tons)

Exports of Yarn; of Flax, Single in Israel

In 2022, overseas shipments of yarn; of flax, singles were finally on the rise to reach 166 kg after two years of decline. In general, exports, however, faced a precipitous shrinkage.

In value terms, yarn; of flax, single exports skyrocketed to $1.9K in 2022. Overall, exports, however, continue to indicate a precipitous descent.

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

1. Palestine (166.0 kg)

Source: IndexBox Market Intelligence Platform