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

Contents:

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

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

In January 2022, the average yarn; of flax, single import price amounted to $3,785 per ton, increasing by 86% against the previous month. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in August 2021 when the average import price increased by 89% against the previous month. The import price peaked in January 2022.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was China ($9,388 per ton), while the price for Belarus ($1,904 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average yarn; of flax, single export price stood at $2,365 per ton in 2022, reducing by -45.9% against the previous year. Overall, the export price saw a noticeable reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 310%. As a result, the export price attained the peak level of $7,215 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($2,509 per ton), while the average price for exports to Kazakhstan stood at $2,356 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Flax, Single in Russia

In 2022, approx. 2.1K tons of yarn; of flax, singles were imported into Russia; which is down by -10.5% on the previous year's figure. Overall, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.

In value terms, yarn; of flax, single imports dropped to $4.2M in 2022. In general, imports recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year.

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

1. Belarus (1414.9 tons)
2. China (463.5 tons)
3. Uzbekistan (180.1 tons)

Exports of Yarn; of Flax, Single in Russia

After two years of decline, shipments abroad of yarn; of flax, singles increased by 184% to 2.2 tons in 2022. Overall, exports, however, faced a sharp downturn.

In value terms, yarn; of flax, single exports skyrocketed to $5.1K in 2022. In general, exports, however, faced a precipitous curtailment.

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

1. Kazakhstan (2.0 tons)
2. Belarus (0.1 tons)

Source: IndexBox Market Intelligence Platform