Price for Flax; Broken or Scutched, But Not Spun in Vietnam - 2022

Contents:

  1. Price for Flax; Broken or Scutched, But Not Spun in Vietnam (CIF) - 2022
  2. Imports of Flax; Broken or Scutched, But Not Spun in Vietnam

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

The average import price for flax; broken or scutched, but not spuns stood at $2,404 per ton in 2022, declining by -38.5% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2019 an increase of 41% against the previous year. As a result, import price attained the peak level of $17,413 per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($2,422 per ton), while the price for Belgium amounted to $2,215 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by France (-40.8%).

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

For the fourth consecutive year, Vietnam recorded growth in purchases abroad of flax; broken or scutched, but not spuns, which increased by 2,194% to 157 tons in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of flax; broken or scutched, but not spuns soared to $378K in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Flax; Broken or Scutched, But Not Spun in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A10.326.8347480.4%
BelgiumN/AN/AN/A30.60%
Others6.4N/AN/AN/A0%
Total6.410.326.8378289.4%

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

  1. France (143.4 tons)
  2. Belgium (13.8 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Flax; broken or scutched, but not spun - Vietnam