Price for Flax; Broken or Scutched, But Not Spun in Russia - 2022
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Russia (FOB) - 2022
- Price for Flax; Broken or Scutched, But Not Spun in Russia (CIF) - 2022
- Exports of Flax; Broken or Scutched, But Not Spun in Russia
- Imports of Flax; Broken or Scutched, But Not Spun in Russia
Price for Flax; Broken or Scutched, But Not Spun in Russia (FOB) - 2022
In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $2,022 per ton, picking up by 66% against the previous year. Over the period under review, the export price, however, saw a perceptible shrinkage. The export price peaked at $2,540 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($2,968 per ton), while the average price for exports to China stood at $1,984 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+14.3%), while the prices for the other major destinations experienced a decline.
Price for Flax; Broken or Scutched, But Not Spun in Russia (CIF) - 2022
The average import price for flax; broken or scutched, but not spuns stood at $2,050 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. The import price peaked at $2,601 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
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 Kazakhstan ($8,590 per ton), while the price for Finland stood at $1,131 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+51.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Flax; Broken or Scutched, But Not Spun in Russia
Exports of flax; broken or scutched, but not spuns from Russia dropped rapidly to 2.1K tons in 2022, with a decrease of -22.4% compared with the previous year's figure. Over the period under review, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 216% against the previous year. As a result, the exports reached the peak of 2.7K tons, and then contracted sharply in the following year.
In value terms, exports of flax; broken or scutched, but not spuns skyrocketed to $4.2M in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 185% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
Export of Flax; Broken or Scutched, But Not Spun in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,401 | 779 | 2,306 | 3,937 | 41.1% |
Lithuania | 190 | 233 | 184 | 216 | 4.4% |
Belgium | 169 | N/A | 148 | N/A | -6.4% |
Belarus | 46.4 | 60.3 | 563 | N/A | 248.3% |
Others | 16.1 | 75.0 | 65.9 | 62.7 | 57.3% |
Total | 1,823 | 1,147 | 3,267 | 4,215 | 32.2% |
Top Export Markets for Flax; Broken or Scutched, But Not Spun from Russia in 2022:
- China (1984.0 tons)
- Lithuania (72.8 tons)
Imports of Flax; Broken or Scutched, But Not Spun in Russia
Imports of flax; broken or scutched, but not spuns into Russia declined to 512 tons in 2022, with a decrease of -8.2% on 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 558 tons, and then fell in the following year.
In value terms, imports of flax; broken or scutched, but not spuns contracted to $1.1M in 2022. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 22%.
Import of Flax; Broken or Scutched, But Not Spun in Russia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kazakhstan | 1.1 | N/A | N/A | 542 | 689.8% |
Finland | N/A | N/A | N/A | 508 | 0% |
Belarus | 1,182 | 948 | 997 | N/A | -8.2% |
Netherlands | 154 | N/A | 72.0 | N/A | -31.6% |
Others | 2.7 | N/A | 83.6 | N/A | 456.4% |
Total | 1,340 | 948 | 1,152 | 1,050 | -7.8% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Russia in 2022:
- Finland (449.3 tons)
- Kazakhstan (63.1 tons)
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