Price for Flax; Hackled or Otherwise Processed, But Not Spun in the United States - 2024

Contents:

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

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

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $3,469 per ton, increasing by 54% against the previous year. Overall, the export price, however, showed a slight decline. The export price peaked at $4,123 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Israel ($4,244 per ton), while the average price for exports to Canada stood at $986 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+30.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $3,089 per ton in 2022, picking up by 9.7% against the previous year. In general, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 104%. Over the period under review, average import prices reached the maximum at $7,129 per ton in 2012; however, from 2013 to 2022, import prices stood 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 India ($13,307 per ton), while the price for Belarus ($2,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+50.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in the United States

In 2022, the amount of flax; hackled or otherwise processed, but not spuns exported from the United States totaled 226 tons, with an increase of 15% on the previous year. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 66%. As a result, the exports reached the peak of 267 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of flax; hackled or otherwise processed, but not spuns skyrocketed to $783K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 90% against the previous year. As a result, the exports attained the peak of $786K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Israel (156.0 tons)
2. Canada (66.0 tons)
3. Mexico (1.5 tons)

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the United States

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into the United States surged to 246 tons, growing by 35% on 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 6,709% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $759K in 2022. Overall, imports posted significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 3,236% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. France (105.3 tons)
2. Belarus (87.1 tons)
3. Belgium (30.1 tons)
4. Netherlands (12.6 tons)
5. India (4.4 tons)

Source: IndexBox Market Intelligence Platform