Flax Yarn Price in Belarus - 2022
Contents:
- Flax Yarn Price in Belarus (FOB) - 2022
- Flax Yarn Price in Belarus (CIF) - 2022
- Flax Yarn Exports in Belarus
- Flax Yarn Imports in Belarus
Flax Yarn Price in Belarus (FOB) - 2022
In March 2022, the average flax yarn export price amounted to $1,823 per ton, falling by -4.1% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2021 an increase of 6.6% month-to-month. As a result, the export price reached the peak level of $1,914 per ton. From January 2022 to March 2022, the the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +0.9% per month.
Flax Yarn Price in Belarus (CIF) - 2022
The average flax yarn import price stood at $8,547 per ton in 2022, approximately equating the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 57%. The import price peaked at $16,273 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,675 per ton), while the price for Russia ($2,307 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.
Flax Yarn Exports in Belarus
Flax yarn exports from Belarus contracted remarkably to 1.7K tons in 2022, reducing by -24.8% compared with the previous year. In general, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of 2.3K tons, and then fell dramatically in the following year.
In value terms, flax yarn exports contracted notably to $3.2M in 2022. Over the period under review, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, the exports reached the peak of $3.9M, and then reduced remarkably in the following year.
| Export of Flax Yarn in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3.6 | 2.9 | 3.6 | 3.1 | -4.9% |
| Lithuania | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.1 | 0.2 | 0.1 | -20.6% |
| Total | 3.8 | 3.1 | 3.9 | 3.2 | -5.6% |
Top Export Markets for Flax Yarn from Belarus in 2022:
- Russia (1644.2 tons)
- Lithuania (28.5 tons)
Flax Yarn Imports in Belarus
In 2022, imports of flax yarns into Belarus surged to 445 tons, rising by 123% compared with the previous year. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 1,018%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, flax yarn imports skyrocketed to $3.8M in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,296% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Flax Yarn in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 188 | 67.4 | 1,649 | 3,646 | 168.7% |
| Italy | 47.7 | 16.5 | 11.5 | 54.0 | 4.2% |
| Russia | 20.3 | 3.4 | 4.8 | 20.4 | 0.2% |
| Others | 18.8 | 34.7 | 38.3 | 83.1 | 64.1% |
| Total | 275 | 122 | 1,704 | 3,803 | 140.0% |
Top Suppliers of Flax Yarn to Belarus in 2022:
- China (420.2 tons)
- Italy (12.0 tons)
- Russia (8.8 tons)
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