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

Contents:

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

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

The average import price for flax; broken or scutched, but not spuns stood at $4,939 per ton in 2022, which is down by -9.2% against the previous year. Overall, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2016 an increase of 400% against the previous year. The import price peaked at $5,442 per ton in 2021, and then dropped in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +9.9% per year.

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

In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $952 per ton, dropping by -18.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 29% against the previous year. Over the period under review, the average export prices reached the maximum at $1,411 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($5,200 per ton), while the average price for exports to Poland ($832 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 the Czech Republic (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1 tons of flax; broken or scutched, but not spuns were imported into Ukraine; growing by 20% on 2021. Overall, imports, however, recorded a precipitous slump.

In value terms, imports of flax; broken or scutched, but not spuns rose sharply to $4.9K in 2022. In general, imports, however, faced a sharp contraction.

Import of Flax; Broken or Scutched, But Not Spun in Ukraine (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
EgyptN/AN/A4.90%
Poland17.64.4N/A-75.0%
OthersN/A0.1N/A0%
Total17.64.54.9-47.2%

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

  1. Egypt (1.0 tons)

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

Exports of flax; broken or scutched, but not spuns from Ukraine declined dramatically to 1.3 tons in 2022, which is down by -98.8% against 2021. Overall, exports showed a dramatic shrinkage. The smallest decline of -57.3% was in 2020.

In value terms, exports of flax; broken or scutched, but not spuns shrank markedly to $1.2K in 2022. In general, exports saw a precipitous descent. The smallest decline of -49.1% was in 2020.

Export of Flax; Broken or Scutched, But Not Spun in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PolandN/A0.71.31.019.5%
RomaniaN/AN/AN/A0.10%
Czech RepublicN/AN/AN/A0.10%
Belgium26974.9N/AN/A-72.2%
China396271114N/A-46.3%
Lithuania81.634.110.5N/A-64.1%
Others2.6N/AN/AN/A0%
Total7493811261.2-88.3%

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

  1. Poland (1200.0 kg)
  2. Romania (70.0 kg)
  3. Czech Republic (20.0 kg)

Source: IndexBox Market Intelligence Platform

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