Price for Flax; Broken or Scutched, But Not Spun in Italy - 2023
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Italy (FOB) - 2022
- Price for Flax; Broken or Scutched, But Not Spun in Italy (CIF) - 2022
- Exports of Flax; Broken or Scutched, But Not Spun in Italy
- Imports of Flax; Broken or Scutched, But Not Spun in Italy
Price for Flax; Broken or Scutched, But Not Spun in Italy (FOB) - 2022
The average export price for flax; broken or scutched, but not spuns stood at $5,356,500 per ton in 2022, rising by 6,596% against the previous year. Over the period under review, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($8,821,000 per ton), while the average price for exports to Taiwan (Chinese) ($2,648,000 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 Belgium (+307.3%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Flax; Broken or Scutched, But Not Spun in Italy (CIF) - 2022
The average import price for flax; broken or scutched, but not spuns stood at $3,960 per ton in 2022, growing by 5.5% against the previous year. Overall, the import price, however, showed a pronounced decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40%. Over the period under review, average import prices attained the peak figure at $6,174 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +17.4% per year.
Exports of Flax; Broken or Scutched, But Not Spun in Italy
In 2022, the amount of flax; broken or scutched, but not spuns exported from Italy soared to 4 kg, jumping by 100% against 2021. In general, exports, however, recorded a deep slump.
In value terms, exports of flax; broken or scutched, but not spuns soared to $21K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Flax; Broken or Scutched, But Not Spun in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 10.0 | 0% |
| China | N/A | N/A | N/A | 8.8 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 2.6 | 0% |
| Spain | N/A | N/A | 0.1 | N/A | 0% |
| France | N/A | N/A | 0.1 | N/A | 0% |
| Portugal | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | 0.2 | 21.4 | 498.1% |
Top Export Markets for Flax; Broken or Scutched, But Not Spun from Italy in 2022:
- Belgium (2.0 kg)
- China (1.0 kg)
- Taiwan (Chinese) (1.0 kg)
Imports of Flax; Broken or Scutched, But Not Spun in Italy
Imports of flax; broken or scutched, but not spuns into Italy fell rapidly to 1.1 tons in 2022, waning by -86.3% against 2021. Overall, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 3,109%. As a result, imports reached the peak of 7.9 tons, and then reduced remarkably in the following year.
In value terms, imports of flax; broken or scutched, but not spuns fell rapidly to $4.3K in 2022. Over the period under review, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 2,233% against the previous year. As a result, imports attained the peak of $30K, and then declined rapidly in the following year.
| Import of Flax; Broken or Scutched, But Not Spun in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | 1.3 | 18.6 | 4.3 | 81.9% |
| France | 18.0 | N/A | 10.9 | N/A | -22.2% |
| Others | 0.1 | N/A | 0.2 | N/A | 41.4% |
| Total | 18.2 | 1.3 | 29.7 | 4.3 | -38.2% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Italy in 2022:
- Belgium (1.1 tons)
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