Price for Flax, Tow and Waste in Estonia - 2023
Contents:
- Price for Flax, Tow and Waste in Estonia (CIF) - 2022
- Price for Flax, Tow and Waste in Estonia (FOB) - 2022
- Imports of Flax, Tow and Waste in Estonia
- Exports of Flax, Tow and Waste in Estonia
Price for Flax, Tow and Waste in Estonia (CIF) - 2022
In 2022, the average flax, tow and waste import price amounted to $42,446 per ton, rising by 905% against the previous year. Overall, the import price showed a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($124,404 per ton), while the price for Lithuania stood at $7,104 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1,032.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Flax, Tow and Waste in Estonia (FOB) - 2022
The average flax, tow and waste export price stood at $33,667 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 425% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($46,500 per ton), while the average price for exports to Finland amounted to $8,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+10.4%).
Imports of Flax, Tow and Waste in Estonia
In 2022, imports of flax, tow and waste into Estonia soared to 345 kg, with an increase of 75% compared with the year before. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 98% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, flax, tow and waste imports soared to $15K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Flax, Tow and Waste in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 0.1 | 0.1 | 12.9 | 1035.8% |
| Lithuania | 0.6 | 0.6 | 0.6 | 1.7 | 41.5% |
| Sweden | N/A | 0.5 | N/A | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 0.7 | 1.2 | 0.8 | 14.6 | 175.3% |
Top Suppliers of Flax, Tow and Waste to Estonia in 2022:
- Lithuania (240.0 kg)
- Russia (104.0 kg)
Exports of Flax, Tow and Waste in Estonia
In 2022, exports of flax, tow and waste from Estonia soared to 3 kg, picking up by 200% compared with 2021 figures. In general, exports, however, faced a dramatic setback.
In value terms, flax, tow and waste exports skyrocketed to $101 in 2022. Over the period under review, exports, however, showed a precipitous shrinkage.
| Export of Flax, Tow and Waste in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Azerbaijan | N/A | N/A | N/A | 93.0 | 0% |
| Finland | 25.0 | 18.0 | N/A | 8.0 | -31.6% |
| Norway | 349 | 30.0 | N/A | N/A | -91.4% |
| Latvia | N/A | 2.0 | N/A | N/A | 0% |
| Sweden | N/A | N/A | 28.0 | N/A | 0% |
| Others | N/A | 954 | N/A | N/A | 0% |
| Total | 374 | 1,004 | 28.0 | 101 | -35.4% |
Top Export Markets for Flax, Tow and Waste from Estonia in 2022:
- Azerbaijan (2.0 kg)
- Finland (1.0 kg)
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