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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $4,499 per ton, jumping by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($9,118 per ton), while the price for France ($2,793 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), 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 Japan (FOB) - 2022

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $34,997 per ton, which is down by -28.9% against the previous year. In general, the export price, however, showed prominent growth. The export price peaked at $95,263 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($317,500 per ton), while the average price for exports to Indonesia stood at $31,544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of flax; hackled or otherwise processed, but not spuns into Japan shrank significantly to 221 tons in 2022, dropping by -23.7% compared with the previous year. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced to $994K in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 11%.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)783502359467-15.8%
Belgium497326320261-19.3%
China11537.324.81509.3%
FranceN/A1123661130.4%
Others21.02.117.13.6-44.4%
Total1,4169791,087994-11.1%

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

  1. Taiwan (Chinese) (97.7 tons)
  2. Belgium (66.3 tons)
  3. France (40.3 tons)
  4. China (16.5 tons)

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

In 2022, approx. 324 kg of flax; hackled or otherwise processed, but not spuns were exported from Japan; rising by 24% on the previous year. Overall, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +32.0% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of flax; hackled or otherwise processed, but not spuns fell to $11K in 2022. In general, exports, however, faced a sharp decline.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Japan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
IndonesiaN/A11.710.0-14.5%
United States12.90.60.6-78.4%
South Korea4.80.1N/A-97.9%
OthersN/A0.50.740.0%
Total17.712.811.3-20.1%

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

  1. Indonesia (318.0 kg)
  2. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform

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