Flax Yarn Price in Switzerland - 2023

Contents:

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

Flax Yarn Price in Switzerland (CIF) - 2022

The average flax yarn import price stood at $17,588 per ton in 2022, surging by 25% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($47,646 per ton), while the price for Egypt ($6,275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Switzerland (FOB) - 2022

In 2022, the average flax yarn export price amounted to $28,081 per ton, surging by 7.4% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48%. As a result, the export price reached the peak level of $43,149 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($57,061 per ton), while the average price for exports to France ($12,654 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 Italy (+3.4%), while the prices for the other major destinations experienced a decline.

Flax Yarn Imports in Switzerland

For the fourth consecutive year, Switzerland recorded growth in overseas purchases of flax yarns, which increased by 10% to 66 tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, flax yarn imports skyrocketed to $1.2M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flax Yarn to Switzerland in 2022:

1. China (19.9 tons)
2. Italy (14.0 tons)
3. Tunisia (12.7 tons)
4. Poland (10.8 tons)
5. Germany (2.4 tons)
6. Egypt (1.6 tons)
7. France (1.2 tons)
8. Belgium (1.0 tons)
9. Hungary (0.6 tons)

Flax Yarn Exports in Switzerland

For the fourth consecutive year, Switzerland recorded growth in shipments abroad of flax yarns, which increased by 224% to 13 tons in 2022. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn exports skyrocketed to $357K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flax Yarn from Switzerland in 2022:

1. Germany (7.9 tons)
2. France (1.7 tons)
3. Italy (1.3 tons)
4. Russia (0.5 tons)
5. China (0.4 tons)
6. United States (0.3 tons)

Source: IndexBox Market Intelligence Platform