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

Contents:

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

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

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $1,144 per ton, dropping by -65.4% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 195% against the previous year. Over the period under review, the average export prices hit record highs at $6,003 per ton in 2019; however, from 2020 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 Moldova ($2,853 per ton), while the average price for exports to Lithuania amounted to $1,125 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (-0.3%).

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $3,498 per ton in 2022, declining by -4.1% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flax; hackled or otherwise processed, but not spuns decreased by -14.6% against 2020 indices. The pace of growth appeared the most rapid in 2013 an increase of 39% against the previous year. The import price peaked at $4,096 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($4,403 per ton), while the price for France stood at $3,167 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, exports of flax; hackled or otherwise processed, but not spuns from Ukraine skyrocketed to 343 tons, growing by 24,403% compared with the previous year's figure. Overall, exports showed a significant increase. As a result, the exports attained the peak 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 $393K in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LithuaniaN/AN/AN/A3820%
Moldova28.83.24.611.0-27.4%
Others1.90.8N/AN/A-57.9%
Total30.74.04.6393133.9%

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

  1. Lithuania (339.4 tons)
  2. Moldova (3.9 tons)

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

In 2022, purchases abroad of flax; hackled or otherwise processed, but not spuns decreased by -12.8% to 54 tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 28%. As a result, imports attained the peak of 63 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of flax; hackled or otherwise processed, but not spuns shrank dramatically to $190K in 2022. Over the period under review, imports recorded a mild decline. The pace of growth appeared the most rapid in 2020 with an increase of 31% against the previous year. As a result, imports reached the peak of $259K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A3.2N/A127530.0%
Egypt19824922762.3-32.0%
OthersN/A6.50.41.3-55.3%
Total198259227190-1.4%

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

  1. France (40.0 tons)
  2. Egypt (14.2 tons)

Source: IndexBox Market Intelligence Platform

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