Flax Yarn Price in Australia - 2023
Contents:
- Flax Yarn Price in Australia (CIF) - 2022
- Flax Yarn Price in Australia (FOB) - 2022
- Flax Yarn Imports in Australia
- Flax Yarn Exports in Australia
Flax Yarn Price in Australia (CIF) - 2022
In 2022, the average flax yarn import price amounted to $30,192 per ton, waning by -7.5% against the previous year. Overall, the import price, however, showed resilient growth. The growth pace was the most rapid in 2016 an increase of 48% against the previous year. Over the period under review, average import prices attained the peak figure at $32,647 per ton in 2021, and then dropped in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($151,591 per ton), while the price for China ($16,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Price in Australia (FOB) - 2022
In 2022, the average flax yarn export price amounted to $11,500 per ton, which is down by -74.9% against the previous year. Overall, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2021 when the average export price increased by 341% against the previous year. As a result, the export price reached the peak level of $45,818 per ton, and then shrank rapidly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($13,245 per ton), while the average price for exports to Hong Kong SAR amounted to $11,473 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+2.9%), while the prices for the other major destinations experienced a decline.
Flax Yarn Imports in Australia
Flax yarn imports into Australia shrank markedly to 3.7 tons in 2022, declining by -25.8% on the previous year. In general, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 12% against the previous year.
In value terms, flax yarn imports declined markedly to $112K in 2022. Over the period under review, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.
| Import of Flax Yarn in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.4 | 5.6 | 0.4 | 22.3 | -31.5% |
| Hungary | 32.2 | 9.4 | 16.3 | 17.6 | -18.2% |
| United Kingdom | 10.1 | 10.6 | 13.3 | 12.9 | 8.5% |
| Italy | 4.7 | 5.5 | 8.8 | 8.5 | 21.8% |
| India | 3.2 | 12.1 | 7.8 | 7.5 | 32.8% |
| Egypt | 4.1 | 12.5 | 7.1 | 7.3 | 21.2% |
| France | 3.4 | 4.6 | 5.8 | 5.6 | 18.1% |
| United States | 8.3 | 6.0 | 1.9 | 4.9 | -16.1% |
| Chile | 7.4 | 2.4 | 5.0 | 4.9 | -12.8% |
| Belgium | 5.1 | 4.8 | 4.5 | 4.4 | -4.8% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.2 | 0.2 | -12.6% |
| Poland | N/A | 32.7 | 14.8 | N/A | -54.7% |
| Others | 19.2 | 10.8 | 76.7 | 15.5 | -6.9% |
| Total | 167 | 117 | 163 | 112 | -12.5% |
Top Suppliers of Flax Yarn to Australia in 2022:
- China (1322.0 kg)
- India (422.0 kg)
- Egypt (380.0 kg)
- France (297.0 kg)
- Hungary (261.0 kg)
- Italy (207.0 kg)
- Belgium (193.0 kg)
- United Kingdom (153.0 kg)
- Chile (143.0 kg)
- United States (65.0 kg)
- Taiwan (Chinese) (64.0 kg)
Flax Yarn Exports in Australia
In 2022, approx. 14 kg of flax yarns were exported from Australia; reducing by -99.1% on the year before. Over the period under review, exports faced a precipitous slump. The smallest decline of -81.6% was in 2021.
In value terms, flax yarn exports shrank sharply to $161 in 2022. Overall, exports saw a sharp contraction. The smallest decline of -18.9% was in 2021.
| Export of Flax Yarn in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Hong Kong SAR | 10.9 | 12.0 | 0.2 | -86.5% | |
| United States | 9.7 | N/A | N/A | 0% | |
| Papua New Guinea | N/A | 52.5 | N/A | 0% | |
| India | 62.7 | N/A | N/A | 0% | |
| Others | 0.6 | 3.5 | N/A | 483.3% | |
| Total | 83.9 | 68.0 | 0.2 | -95.1% | |
Top Export Markets for Flax Yarn from Australia in 2022:
- Hong Kong SAR (14.0 kg)
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