Price for Flax; Hackled or Otherwise Processed, But Not Spun in Finland - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Finland (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Finland (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Finland
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Finland
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Finland (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $1,713 per ton, declining by -12.2% against the previous year. Overall, the import price faced a drastic downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 57%. As a result, import price reached the peak level of $16,878 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($4,000 per ton), while the price for Belgium ($399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.8%), while the prices for the other major suppliers experienced a decline.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Finland (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $9,403 per ton in 2022, dropping by -7.1% against the previous year. In general, the export price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 377%. As a result, the export price attained the peak level of $45,335 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($31,611 per ton), while the average price for exports to Sweden ($2,200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Finland
Imports of flax; hackled or otherwise processed, but not spuns into Finland surged to 107 tons in 2022, jumping by 62% on 2021. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of flax; hackled or otherwise processed, but not spuns surged to $183K in 2022. The total import value increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 125 | 110 | 97.2 | 124 | -0.3% |
| Egypt | 35.8 | 28.9 | 29.3 | 53.6 | 14.4% |
| Belgium | 4.8 | 5.2 | N/A | 5.4 | 4.0% |
| Others | 10.9 | 4.8 | 2.1 | 0.4 | -66.8% |
| Total | 176 | 149 | 129 | 183 | 1.3% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Finland in 2022:
- Denmark (79.9 tons)
- Belgium (13.5 tons)
- Egypt (13.4 tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Finland
Exports of flax; hackled or otherwise processed, but not spuns from Finland expanded sharply to 196 kg in 2022, increasing by 11% on the previous year. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 27%.
In value terms, exports of flax; hackled or otherwise processed, but not spuns rose to $1.8K in 2022. Overall, exports, however, continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 17%.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| Estonia | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
| Lithuania | 0.3 | 0.4 | 0.5 | 0.4 | 10.1% |
| Russia | 14.5 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | N/A | N/A | 0% |
| Others | 0.8 | N/A | 0.1 | N/A | -64.6% |
| Total | 16.9 | 1.5 | 1.8 | 1.8 | -52.6% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Finland in 2022:
- Latvia (94.0 kg)
- Lithuania (78.0 kg)
- Estonia (18.0 kg)
- Sweden (5.0 kg)
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