Price for Flax; Hackled or Otherwise Processed, But Not Spun in the Czech Republic - 2023

Contents:

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

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $1,863 per ton in 2022, surging by 38% against the previous year. In general, the import price enjoyed resilient growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 135% against the previous year. As a result, import price reached the peak level of $2,237 per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Egypt ($3,454 per ton), while the price for Slovakia ($786 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.3%), while the prices for the other major suppliers experienced a decline.

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $61,640 per ton in 2022, surging by 2,055% against the previous year. In general, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($73,112 per ton), while the average price for exports to Slovakia totaled $5,734 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+425.4%), 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 the Czech Republic

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into the Czech Republic reduced sharply to 303 tons, with a decrease of -63.6% against the previous year's figure. Over the period under review, imports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 25%.

In value terms, imports of flax; hackled or otherwise processed, but not spuns dropped notably to $564K in 2022. Overall, imports faced a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 4.5% against the previous year. As a result, imports reached the peak of $1.1M, and then reduced remarkably in the following year.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium306349552291-1.7%
Slovakia62260939397.2-46.1%
FranceN/AN/AN/A51.10%
Germany7.859.753.148.083.3%
Egypt29.524.5N/A30.71.3%
Belarus1.49.090.5N/A704.0%
Others14220.831.546.3-31.2%
Total1,1091,0711,120564-20.2%

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

  1. Slovakia (123.7 tons)
  2. Belgium (123.4 tons)
  3. France (21.2 tons)
  4. Germany (19.9 tons)
  5. Egypt (8.9 tons)

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the Czech Republic

In 2022, overseas shipments of flax; hackled or otherwise processed, but not spuns decreased by -99.8% to 464 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic decrease. The pace of growth was the most pronounced in 2020 when exports increased by 3,590%.

In value terms, exports of flax; hackled or otherwise processed, but not spuns dropped remarkably to $29K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 3,676% against the previous year.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/A19140028.1-61.6%
Slovakia7.48.93.00.5-59.3%
SwitzerlandN/A26.880.8N/A201.5%
GermanyN/A53.1360N/A578.0%
OthersN/A0.2N/AN/A0%
Total7.428084428.656.9%

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

  1. Austria (385.0 kg)
  2. Slovakia (79.0 kg)

Source: IndexBox Market Intelligence Platform

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