Price for Flax; Hackled or Otherwise Processed, But Not Spun in India - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in India (CIF) - 2023
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in India (FOB) - 2023
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in India
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in India
Price for Flax; Hackled or Otherwise Processed, But Not Spun in India (CIF) - 2023
In November 2023, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $4,220 per ton, picking up by 29% against the previous month. Over the period under review, import price indicated a notable increase from November 2022 to November 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for flax; hackled or otherwise processed, but not spuns decreased by -23.4% against September 2023 indices. The growth pace was the most rapid in September 2023 an increase of 37% month-to-month. As a result, import price attained the peak level of $5,511 per ton. From October 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Lithuania ($11,566 per ton), while the price for Belarus ($2,747 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Flax; Hackled or Otherwise Processed, But Not Spun in India (FOB) - 2023
The average export price for flax; hackled or otherwise processed, but not spuns stood at $4,475 per ton in November 2023, with an increase of 47% against the previous month. In general, export price indicated noticeable growth from November 2022 to November 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for flax; hackled or otherwise processed, but not spuns increased by +47.1% against October 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Lithuania ($4,895 per ton), while the average price for exports to Bangladesh ($3,114 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in India
In 2022, imports of flax; hackled or otherwise processed, but not spuns into India soared to 17K tons, rising by 28% on 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% 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 +100.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 57%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of flax; hackled or otherwise processed, but not spuns soared to $54M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.3% 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 +77.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 19.1 | 18.9 | 26.3 | 30.4 | 16.8% |
| France | 22.2 | 7.2 | 14.4 | 14.8 | -12.6% |
| Lithuania | 2.1 | 2.9 | 3.4 | 4.8 | 31.7% |
| Belarus | N/A | 0.6 | 0.7 | 2.6 | 108.2% |
| Egypt | 0.8 | 0.4 | 0.3 | 0.8 | 0.0% |
| Others | 2.1 | 0.5 | 0.3 | 0.7 | -30.7% |
| Total | 46.2 | 30.4 | 45.4 | 54.0 | 5.3% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to India in 2022:
- Belgium (9.9K tons)
- France (4.8K tons)
- Belarus (1.2K tons)
- Lithuania (0.8K tons)
- Egypt (0.3K tons)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in India
For the fourth year in a row, India recorded growth in overseas shipments of flax; hackled or otherwise processed, but not spuns, which increased by 17% to 837 tons in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 136%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of flax; hackled or otherwise processed, but not spuns totaled $2.5M in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 131 | 455 | 1,041 | 1,134 | 105.3% |
| Bangladesh | 507 | 1,042 | 1,059 | 981 | 24.6% |
| Turkey | N/A | 33.9 | N/A | 130 | 95.8% |
| China | N/A | 6.8 | N/A | 124 | 327.0% |
| United States | N/A | N/A | 54.6 | 52.2 | -4.4% |
| Belgium | 36.3 | 33.0 | 39.5 | 39.4 | 2.8% |
| Others | 59.7 | 0.5 | 19.6 | 2.9 | -63.5% |
| Total | 734 | 1,571 | 2,214 | 2,463 | 49.7% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from India in 2022:
- Lithuania (372.9 tons)
- Bangladesh (281.0 tons)
- China (109.4 tons)
- Turkey (39.2 tons)
- United States (20.3 tons)
- Belgium (13.5 tons)
1093
This report provides an in-depth analysis of the flax fiber market in India.
478
This report provides an in-depth analysis of the market for flax, raw or retted in India.
207
This report provides an in-depth analysis of the market for flax, tow and waste in India.
553
This report provides an in-depth analysis of the primary fiber crops market in India.
6014
This report provides an in-depth analysis of the global flax fiber market.
332
This report provides an in-depth analysis of the global market for flax, raw or retted.
405
This report provides an in-depth analysis of the global market for flax, tow and waste.
925
This report provides an in-depth analysis of the global primary fiber crops market.
1093
This report provides an in-depth analysis of the flax fiber market in India.
478
This report provides an in-depth analysis of the market for flax, raw or retted in India.
683
In July 2022, the flax fiber price amounted to $3,527 per ton (CIF, India), declining by -6.4% against the previous month.
195
Discover the top countries importing flax fiber and the key statistics in the global market. Learn about the demand for flax fiber and the thriving import industry in these regions.
675
The global flax fiber market soared to $2.7B in 2019, picking up by 18% against the previous year. This figure...
844
In value terms, raw and processed flax imports amounted to $X in 2016. Overall, it indicated a conspicuous increase from 2007 to 2016: the total imports value decreased at an average annual rate of...
881
In value terms, raw and processed flax exports amounted to $X in 2016. Overall, it indicated a perceptible expansion from 2007 to 2016: the total exports value increased at an average annual rate o...
3596
Global flax fiber consumption amounted to X thousand tons in 2015, coming down by -X% against the previous year level.
2164
Global flax fiber exports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3213
Global flax fiber imports amounted to X thousand tons in 2015, falling by -X% against the previous year level.
1769
France dominates in the global flax fiber trade. In 2014, France exported X thousand tons of flax fiber totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total flax fiber expor
319
Explore the top import markets for primary fiber crops and gain insights into key statistics and market trends. Discover the countries driving the global demand for primary fiber crops.
