Price for Flax; Hackled or Otherwise Processed, But Not Spun in Russia - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Russia (FOB) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Russia (CIF) - 2022
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Russia
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Russia
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Russia (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $1,905 per ton in 2022, growing by 13% against the previous year. Over the period under review, the export price, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 30%. Over the period under review, the average export prices attained the peak figure at $4,696 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($3,551 per ton), while the average price for exports to Lithuania ($1,625 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 China (+49.3%), 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 Russia (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $2,686 per ton in 2022, increasing by 229% against the previous year. In general, the import price showed buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($9,874 per ton), while the price for Egypt ($1,935 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+6.7%), while the prices for the other major suppliers experienced a decline.
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Russia
For the fourth consecutive year, Russia recorded growth in shipments abroad of flax; hackled or otherwise processed, but not spuns, which increased by 13% to 1.8K tons in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when exports increased by 124% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of flax; hackled or otherwise processed, but not spuns skyrocketed to $3.5M in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 160% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 15.5 | 306 | 1,109 | 1,186 | 324.5% |
| Belgium | 147 | 56.7 | 793 | 1,012 | 90.2% |
| Uzbekistan | 0.6 | N/A | 71.9 | 647 | 925.5% |
| Latvia | 2.3 | 14.6 | 63.6 | 281 | 396.2% |
| India | 64.5 | N/A | 79.3 | 191 | 43.6% |
| China | 318 | 184 | 0.1 | N/A | -98.2% |
| Belarus | 47.5 | 279 | 451 | N/A | 208.1% |
| Others | 72.2 | 199 | 133 | 153 | 28.4% |
| Total | 668 | 1,039 | 2,700 | 3,470 | 73.2% |
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Russia in 2022:
- Lithuania (730.1 tons)
- Belgium (575.8 tons)
- Uzbekistan (269.9 tons)
- India (112.4 tons)
- Latvia (79.2 tons)
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Russia
In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns decreased by -97.4% to 185 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of 7.2K tons, and then contracted sharply in the following year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns declined sharply to $496K in 2022. Overall, imports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. As a result, imports reached the peak of $5.9M, and then contracted sharply in the following year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 98.4 | 196 | 150 | 264 | 39.0% |
| Latvia | N/A | N/A | N/A | 85.1 | 0% |
| Denmark | 492 | 526 | 679 | 75.7 | -46.4% |
| Poland | 11.3 | N/A | 3.4 | 42.9 | 56.0% |
| France | 2.2 | N/A | 6.4 | 14.5 | 87.5% |
| Belarus | 2,205 | 1,929 | 4,894 | N/A | 49.0% |
| Others | 204 | 119 | 176 | 13.9 | -59.2% |
| Total | 3,012 | 2,770 | 5,908 | 496 | -45.2% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Russia in 2022:
- Egypt (136.5 tons)
- Poland (22.1 tons)
- Latvia (12.5 tons)
- Denmark (7.7 tons)
- France (5.1 tons)
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