Price for Flax; Broken or Scutched, But Not Spun in Turkey - 2023

Contents:

  1. Price for Flax; Broken or Scutched, But Not Spun in Turkey (FOB) - 2022
  2. Price for Flax; Broken or Scutched, But Not Spun in Turkey (CIF) - 2022
  3. Exports of Flax; Broken or Scutched, But Not Spun in Turkey
  4. Imports of Flax; Broken or Scutched, But Not Spun in Turkey

Price for Flax; Broken or Scutched, But Not Spun in Turkey (FOB) - 2022

The average export price for flax; broken or scutched, but not spuns stood at $7,144 per ton in 2022, waning by -94.5% against the previous year. In general, the export price, however, continues to indicate a modest expansion. The export price peaked at $130,000 per ton in 2021, and then fell remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($25,571 per ton), while the average price for exports to the UK ($6,364 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+469.0%).

Price for Flax; Broken or Scutched, But Not Spun in Turkey (CIF) - 2022

The average import price for flax; broken or scutched, but not spuns stood at $4,000 per ton in 2022, rising by 122% against the previous year. Over the period under review, the import price showed noticeable growth. The import price peaked at $5,279 per ton in 2015; however, from 2016 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 Egypt ($9,667 per ton), while the price for Belgium ($3,611 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Flax; Broken or Scutched, But Not Spun in Turkey

In 2022, approx. 465 kg of flax; broken or scutched, but not spuns were exported from Turkey; jumping by 23,150% on 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flax; broken or scutched, but not spuns surged to $3.3K in 2022. Over the period under review, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flax; Broken or Scutched, But Not Spun in Turkey (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/AN/AN/A2,7430%
United KingdomN/AN/AN/A2100%
GermanyN/AN/AN/A1790%
GeorgiaN/AN/AN/A1500%
Azerbaijan1,526N/A205N/A-63.3%
Others62.0N/A55.040.0-13.6%
Total1,588N/A2603,32227.9%

Top Export Markets for Flax; Broken or Scutched, But Not Spun from Turkey in 2022:

  1. Iraq (404.0 kg)
  2. United Kingdom (33.0 kg)
  3. Georgia (10.0 kg)
  4. Germany (7.0 kg)

Imports of Flax; Broken or Scutched, But Not Spun in Turkey

In 2022, imports of flax; broken or scutched, but not spuns into Turkey soared to 58 kg, rising by 1,060% on the year before. Overall, imports, however, faced a precipitous curtailment.

In value terms, imports of flax; broken or scutched, but not spuns skyrocketed to $232 in 2022. In general, imports, however, recorded a significant decline.

Import of Flax; Broken or Scutched, But Not Spun in Turkey (USD)
COUNTRY202020212022CAGR,
2020-2022
Belgium3556.0195-25.9%
Egypt60.01.029.0-30.5%
France41.01.08.0-55.8%
OthersN/A1.0N/A0%
Total4569.0232-28.7%

Top Suppliers of Flax; Broken or Scutched, But Not Spun to Turkey in 2022:

  1. Belgium (54.0 kg)
  2. Egypt (3.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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