Price for Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh - 2022

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh (CIF) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh (FOB) - 2022
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $13,173 per ton in 2022, surging by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2019 an increase of 74%. The import price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,571 per ton), while the price for Hong Kong SAR ($6,485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $12,044 per ton in 2022, with a decrease of -49.9% against the previous year. Overall, the export price saw a abrupt contraction. The growth pace was the most rapid in 2016 an increase of 28% against the previous year. The export price peaked at $37,236 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($21,667 per ton), while the average price for exports to Saudi Arabia ($12,317 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jordan (-6.4%).

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh

Imports of yarn; of flax, multiple (folded) or cableds into Bangladesh shrank markedly to 116 tons in 2022, with a decrease of -28.1% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 133%. As a result, imports reached the peak of 162 tons, and then declined dramatically in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds shrank sharply to $1.5M in 2022. In general, imports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2021 when imports increased by 148%. As a result, imports attained the peak of $1.9M, and then shrank sharply in the following year.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Bangladesh in 2022:

1. China (112.6 tons)
2. Hong Kong SAR (2.5 tons)

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Bangladesh

In 2022, overseas shipments of yarn; of flax, multiple (folded) or cableds were finally on the rise to reach 1.6 tons after two years of decline. In general, exports, however, continue to indicate a mild decrease.

In value terms, exports of yarn; of flax, multiple (folded) or cableds skyrocketed to $19K in 2022. Over the period under review, exports, however, saw a dramatic shrinkage.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Bangladesh in 2022:

1. Saudi Arabia (1444.0 kg)
2. Jordan (87.0 kg)
3. Vietnam (24.0 kg)

Source: IndexBox Market Intelligence Platform