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

Contents:

1. Price for Yarn; of Flax, Single in Serbia (CIF) - 2023
2. Price for Yarn; of Flax, Single in Serbia (FOB) - 2022
3. Imports of Yarn; of Flax, Single in Serbia
4. Exports of Yarn; of Flax, Single in Serbia

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

In November 2023, the average yarn; of flax, single import price amounted to $24,964 per ton, surging by 4.7% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 455% against the previous month. Over the period under review, average import prices attained the peak figure at $26,922 per ton in June 2023; however, from July 2023 to November 2023, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was China ($25,927 per ton), while the price for Italy stood at $24,283 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+1.0%).

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

The average yarn; of flax, single export price stood at $16,771 per ton in 2022, remaining constant against the previous year. In general, the export price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 an increase of 39%. Over the period under review, the average export prices hit record highs at $24,040 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -3.0% per year.

Imports of Yarn; of Flax, Single in Serbia

After two years of decline, overseas purchases of yarn; of flax, singles increased by 160% to 79 tons in 2022. In general, imports, however, showed a abrupt shrinkage.

In value terms, yarn; of flax, single imports skyrocketed to $1.7M in 2022. Over the period under review, imports enjoyed pronounced growth. 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 Serbia in 2022:

1. China (40.6 tons)
2. Italy (38.1 tons)

Exports of Yarn; of Flax, Single in Serbia

In 2022, approx. 672 kg of yarn; of flax, singles were exported from Serbia; which is down by -48.3% against the year before. Over the period under review, exports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 2,852%.

In value terms, yarn; of flax, single exports shrank rapidly to $11K in 2022. In general, exports showed a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 3,205%.

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

1. Italy (672.0 kg)

Source: IndexBox Market Intelligence Platform