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

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Uzbekistan (CIF) - 2022
  2. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Uzbekistan

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $1,624 per ton in 2022, dropping by -49.8% against the previous year. Overall, the import price showed a precipitous decrease. The pace of growth was the most pronounced in 2020 a decrease of -13% against the previous year. The import price peaked at $8,773 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belarus ($2,199 per ton), while the price for Russia amounted to $1,594 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-49.7%).

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

For the fourth year in a row, Uzbekistan recorded growth in purchases abroad of flax; hackled or otherwise processed, but not spuns, which increased by 1,808% to 425 tons in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 4,004%. Imports peaked 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 soared to $691K in 2022. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 3,061%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A69.0648839.1%
BelarusN/AN/AN/A40.60%
Others0.62.33.12.663.0%
Total0.62.372.1691948.2%

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

  1. Russia (406.2 tons)
  2. Belarus (18.4 tons)

Source: IndexBox Market Intelligence Platform

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