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

Contents:

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

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

In 2022, the average yarn; of flax, single import price amounted to $12,097 per ton, jumping by 27% against the previous year. Overall, import price indicated a measured 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. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($12,686 per ton), while the price for Tunisia totaled $11,252 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average yarn; of flax, single export price stood at $114,893 per ton in 2022, picking up by 112% against the previous year. In general, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($128,627 per ton), while the average price for exports to Australia stood at $6,419 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+50.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Flax, Single in Thailand

In 2022, imports of yarn; of flax, singles into Thailand reduced sharply to 34 tons, waning by -21% compared with the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 43%. As a result, imports attained the peak of 43 tons, and then dropped markedly in the following year.

In value terms, yarn; of flax, single imports amounted to $413K in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. China (20.1 tons)
2. Tunisia (14.0 tons)

Exports of Yarn; of Flax, Single in Thailand

In 2022, after two years of growth, there was significant decline in shipments abroad of yarn; of flax, singles, when their volume decreased by -53.6% to 91 kg. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 9,700% against the previous year. As a result, the exports attained the peak of 196 kg, and then contracted markedly in the following year.

In value terms, yarn; of flax, single exports shrank slightly to $10K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 10,765%. As a result, the exports reached the peak of $11K, and then dropped slightly in the following year.

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

1. Italy (81.0 kg)
2. Australia (9.0 kg)

Source: IndexBox Market Intelligence Platform