Price for Yarn; of Flax, Multiple (Folded) or Cabled in Denmark - 2023

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $13,735 per ton, jumping by 30% against the previous year. In general, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 498% against the previous year. The import price peaked at $31,381 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($71,515 per ton), while the price for Egypt ($5,163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for yarn; of flax, multiple (folded) or cableds stood at $8,866 per ton in 2022, dropping by -35.2% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2016 an increase of 32% against the previous year. Over the period under review, the average export prices attained the maximum at $19,123 per ton in 2012; however, from 2013 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 Norway ($28,440 per ton), while the average price for exports to Sweden ($7,357 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 Norway (+3.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of yarn; of flax, multiple (folded) or cableds was finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds skyrocketed to $229K in 2022. Overall, imports, however, saw a abrupt setback.

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

1. Egypt (7.7 tons)
2. France (4.9 tons)
3. Italy (2.1 tons)
4. Germany (0.9 tons)
5. Sweden (0.6 tons)
6. China (0.3 tons)

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

In 2022, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by -93.9% to 273 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of 5.5 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yarn; of flax, multiple (folded) or cableds shrank markedly to $6.2K in 2022. Overall, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2020 with an increase of 25% against the previous year. As a result, the exports reached the peak of $73K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Norway (200.0 kg)
2. United Kingdom (43.0 kg)
3. Sweden (28.0 kg)

Source: IndexBox Market Intelligence Platform