Price for Flax; Hackled or Otherwise Processed, But Not Spun in Canada - 2024

Contents:

1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Canada (CIF) - 2022
2. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Canada (FOB) - 2022
3. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Canada
4. Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Canada

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Canada (CIF) - 2022

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $960 per ton, which is down by -3.7% against the previous year. Over the period under review, the import price saw a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 7% against the previous year. The import price peaked at $1,285 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($960 per ton) and Sweden ($960 per ton), while the price for France ($960 per ton) and Austria ($960 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Canada (FOB) - 2022

In 2020, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $488 per ton, dropping by -66.6% against the previous year. In general, the export price continues to indicate a drastic downturn. The export price peaked at $1,461 per ton in 2019, and then dropped dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for China.

From 2014 to 2020, the rate of growth in terms of prices for Colombia amounted to 0.0% per year.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Canada

In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns decreased by -23.2% to 67 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 284%. As a result, imports attained the peak of 114 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted rapidly to $64K in 2022. Overall, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 280% against the previous year. As a result, imports reached the peak of $106K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Canada in 2022:

1. United States (30.9 tons)
2. France (25.0 tons)
3. Austria (6.2 tons)
4. Sweden (4.3 tons)

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Canada

Exports of flax; hackled or otherwise processed, but not spuns from Canada soared to 543 tons in 2020, with an increase of 87,035% on 2019. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flax; hackled or otherwise processed, but not spuns soared to $265K in 2020. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Canada in 2022:

1. China (533.6 tons)
2. United States (7.8 tons)

Source: IndexBox Market Intelligence Platform