Flax Yarn Price in Brazil - 2023

Contents:

1. Flax Yarn Price in Brazil (CIF) - 2023
2. Flax Yarn Price in Brazil (FOB) - 2022
3. Flax Yarn Imports in Brazil
4. Flax Yarn Exports in Brazil

Flax Yarn Price in Brazil (CIF) - 2023

In August 2023, the average flax yarn import price amounted to $16,444 per ton, with an increase of 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 35% m-o-m. As a result, import price attained the peak level of $16,691 per ton. From November 2022 to August 2023, the average import prices remained at a lower figure.

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

From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to +1.7% per month.

Flax Yarn Price in Brazil (FOB) - 2022

In 2022, the average flax yarn export price amounted to $23,538 per ton, increasing by 128% against the previous year. Overall, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 504% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($62,800 per ton), while the average price for exports to Bolivia ($623 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 Chile (+138.8%), while the prices for the other major destinations experienced mixed trend patterns.

Flax Yarn Imports in Brazil

In 2022, the amount of flax yarns imported into Brazil fell markedly to 242 tons, which is down by -15.8% against the year before. In general, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 316%. As a result, imports reached the peak of 287 tons, and then contracted sharply in the following year.

In value terms, flax yarn imports shrank to $3.2M in 2022. Over the period under review, imports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 351%. As a result, imports reached the peak of $3.3M, and then shrank slightly in the following year.

Top Suppliers of Flax Yarn to Brazil in 2022:

1. China (239.9 tons)

Flax Yarn Exports in Brazil

In 2022, the amount of flax yarns exported from Brazil declined notably to 373 kg, falling by -75.8% against the previous year. Overall, exports showed a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 1,299%.

In value terms, flax yarn exports dropped notably to $8.8K in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 852%. As a result, the exports attained the peak of $16K, and then contracted markedly in the following year.

Top Export Markets for Flax Yarn from Brazil in 2022:

1. Paraguay (197.0 kg)
2. United States (121.0 kg)
3. Bolivia (56.0 kg)

Source: IndexBox Market Intelligence Platform