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

Contents:

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

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $15,510 per ton in 2022, with a decrease of -10.1% against the previous year. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of 42% against the previous year. The import price peaked at $29,407 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Poland ($34,375 per ton), while the price for the UK ($3,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+34.7%), 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 Sweden (FOB) - 2022

The average export price for flax; hackled or otherwise processed, but not spuns stood at $11,886 per ton in 2022, jumping by 16% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 43%. Over the period under review, the average export prices reached the peak figure at $21,187 per ton in 2015; however, from 2016 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 Norway ($11,942 per ton), while the average price for exports to the United States ($1,000 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 Finland (+0.6%), while the prices for the other major destinations experienced a decline.

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

Imports of flax; hackled or otherwise processed, but not spuns into Sweden surged to 9.7 tons in 2022, growing by 60% compared with 2021 figures. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak 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 $150K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +14.1% 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 +48.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark71.688.784.813122.3%
Poland4.126.916.216.860.0%
Norway12.44.11.1N/A-70.2%
United Kingdom12.6N/A0.2N/A-87.4%
Others0.35.01.92.088.2%
Total10112510415014.1%

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

  1. Denmark (9.0 tons)
  2. Poland (0.5 tons)

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

In 2022, exports of flax; hackled or otherwise processed, but not spuns from Sweden reduced to 1.9 tons, waning by -6.2% compared with 2021. Overall, exports continue to indicate a abrupt decline.

In value terms, exports of flax; hackled or otherwise processed, but not spuns rose remarkably to $23K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway21.920.819.921.5-0.6%
Finland0.30.3N/A1.049.4%
Others0.20.51.10.314.5%
Total22.421.521.122.90.7%

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

  1. Norway (1802.0 kg)
  2. Finland (106.0 kg)

Source: IndexBox Market Intelligence Platform

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