Price for Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay - 2023

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay (CIF) - 2022
  2. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay (CIF) - 2022

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $5,487 per ton, which is down by -27.6% against the previous year. Overall, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. As a result, import price attained the peak level of $7,582 per ton, and then fell notably in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +4.1% per year.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay

In 2022, purchases abroad of flax; hackled or otherwise processed, but not spuns decreased by -89.6% to 415 kg for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 1,144% against the previous year. As a result, imports attained the peak of 4 tons, and then declined rapidly in the following year.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced sharply to $2.3K in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,528%. As a result, imports reached the peak of $30K, and then reduced dramatically in the following year.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Uruguay (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Turkey1.93.62.310.0%
EgyptN/A26.5N/A0%
OthersN/AN/AN/A0%
Total1.930.22.310.0%

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Uruguay in 2022:

  1. Turkey (415.0 kg)

Source: IndexBox Market Intelligence Platform

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