Price for Flax; Hackled or Otherwise Processed, But Not Spun in Belarus - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (FOB) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (CIF) - 2022
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $1,221 per ton in March 2022, rising by 3.4% against the previous month. Over the period from March 2021 to March 2022, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in September 2021 when the average export price increased by 12% against the previous month. Over the period under review, the average export prices reached the maximum at $1,241 per ton in December 2021; afterwards, it flattened through to March 2022.
There were significant differences in the average prices for the major foreign markets. In March 2022, the country with the highest price was Lithuania ($1,962 per ton), while the average price for exports to Hong Kong SAR ($732 per ton) was amongst the lowest.
From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $1,650 per ton, surging by 4% against the previous year. Over the period under review, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 64%. The import price peaked at $4,565 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Lithuania ($2,475 per ton), while the price for Russia ($1,577 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus
After three years of growth, overseas shipments of flax; hackled or otherwise processed, but not spuns decreased by -28.8% to 5.8K tons in 2022. In general, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports reached the peak of 8.1K tons, and then contracted sharply in the following year.
In value terms, exports of flax; hackled or otherwise processed, but not spuns contracted notably to $11M in 2022. Overall, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 40%. As a result, the exports attained the peak of $26M, and then dropped rapidly in the following year.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.2 | 6.6 | 8.9 | 3.8 | -19.2% |
| Russia | 2.2 | 1.9 | 4.9 | 2.1 | -1.5% |
| Lithuania | 2.9 | 3.8 | 4.3 | 1.8 | -14.7% |
| Belgium | 3.6 | 2.1 | 3.7 | 1.6 | -23.7% |
| Latvia | 0.4 | 1.1 | 1.2 | 0.5 | 7.7% |
| Vietnam | 1.8 | 1.1 | 0.9 | 0.5 | -34.8% |
| Czech Republic | 0.7 | 0.3 | 0.2 | 0.2 | -34.1% |
| Others | 0.9 | 1.5 | 1.6 | 0.2 | -39.4% |
| Total | 19.9 | 18.3 | 25.6 | 10.7 | -18.7% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Belarus in 2022:
- China (1905.4 tons)
- Russia (1673.4 tons)
- Lithuania (735.4 tons)
- Belgium (595.4 tons)
- Vietnam (398.6 tons)
- Latvia (186.1 tons)
- Czech Republic (155.1 tons)
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus
In 2022, after three years of growth, there was significant decline in purchases abroad of flax; hackled or otherwise processed, but not spuns, when their volume decreased by -44% to 273 tons. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 241%.
In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced sharply to $451K in 2022. In general, imports, however, posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, imports attained the peak of $774K, and then contracted sharply in the following year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 47.5 | 279 | 451 | 394 | 102.4% |
| Lithuania | 4.7 | 104 | 8.1 | 33.6 | 92.6% |
| Egypt | 10.2 | 27.0 | 13.1 | 14.5 | 12.4% |
| China | N/A | 38.2 | 23.5 | N/A | -38.5% |
| France | 268 | N/A | 274 | N/A | 1.1% |
| Others | 17.1 | 8.8 | 4.9 | 8.8 | -19.9% |
| Total | 347 | 457 | 774 | 451 | 9.1% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Belarus in 2022:
- Russia (250.0 tons)
- Lithuania (13.6 tons)
- Egypt (8.6 tons)
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