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

Contents:

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

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

The average yarn; of flax, single import price stood at $12,851 per ton in 2022, jumping by 23% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.8% 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 +65.4% against 2016 indices. The growth pace was the most rapid in 2015 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($14,848 per ton), while the price for Egypt ($6,291 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In July 2023, the average yarn; of flax, single export price amounted to $8,061 per ton, with a decrease of -33.3% against the previous month. Over the period under review, the export price recorded a perceptible setback. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 35% against the previous month. As a result, the export price attained the peak level of $12,412 per ton. From June 2023 to July 2023, the the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In July 2023, the countries with the highest prices were Denmark ($10,639 per ton) and Italy ($10,517 per ton), while the average price for exports to France ($7,789 per ton) and Portugal ($7,860 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+2.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Spain

Yarn; of flax, single imports into Spain contracted to 1.1K tons in 2022, which is down by -5.6% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 62%. As a result, imports reached the peak of 1.2K tons, and then dropped in the following year.

In value terms, yarn; of flax, single imports surged to $14M in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (391.8 tons)
2. Italy (227.7 tons)
3. Portugal (191.1 tons)
4. France (100.6 tons)
5. Poland (81.7 tons)
6. Ethiopia (64.8 tons)
7. Belgium (24.6 tons)
8. Egypt (9.7 tons)

Exports of Yarn; of Flax, Single in Spain

In 2022, yarn; of flax, single exports from Spain expanded sharply to 691 tons, surging by 7.1% compared with 2021. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, yarn; of flax, single exports surged to $7M in 2022. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 127%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Portugal (286.6 tons)
2. France (188.0 tons)
3. Italy (100.9 tons)
4. United Kingdom (47.3 tons)
5. Turkey (28.2 tons)
6. Pakistan (13.6 tons)
7. Germany (11.2 tons)

Source: IndexBox Market Intelligence Platform