Price for Flax; Hackled or Otherwise Processed, But Not Spun in France - 2023

Contents:

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

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $1,398 per ton in 2022, falling by -5.3% against the previous year. Overall, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54%. As a result, the export price reached the peak level of $3,062 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tunisia ($5,753 per ton), while the average price for exports to Belgium ($476 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 Tunisia (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $1,699 per ton, falling by -3.9% against the previous year. Overall, the import price showed a pronounced decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 62%. As a result, import price reached the peak level of $2,931 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,723 per ton), while the price for Belgium ($1,590 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of flax; hackled or otherwise processed, but not spuns exported from France rose markedly to 71K tons, increasing by 11% compared with the previous year. The total export volume increased at an average annual rate of +12.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of flax; hackled or otherwise processed, but not spuns expanded significantly to $99M in 2022. Over the period under review, exports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 6.3% against the previous year.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China61.953.041.636.5-16.1%
Belgium12.311.415.721.420.3%
Tunisia15.410.317.120.29.5%
India12.65.17.99.2-10.0%
Lithuania0.82.34.01.933.4%
Others8.26.88.210.27.5%
Total11188.994.599.4-3.6%

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

  1. Belgium (44.9K tons)
  2. China (14.1K tons)
  3. Tunisia (3.5K tons)
  4. India (3.1K tons)
  5. Lithuania (1.2K tons)

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

For the fourth year in a row, France recorded growth in supplies from abroad of flax; hackled or otherwise processed, but not spuns, which increased by 17% to 3.5K tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of flax; hackled or otherwise processed, but not spuns rose remarkably to $6M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 51%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.73.43.53.711.1%
LatviaN/A0.81.32.058.1%
Italy0.20.50.20.1-20.6%
Others0.30.10.30.2-12.6%
Total3.24.95.36.023.3%

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

  1. Belgium (2326.4 tons)
  2. Latvia (1148.4 tons)
  3. Italy (25.8 tons)

Source: IndexBox Market Intelligence Platform

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