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

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $7,532 per ton, picking up by 41% against the previous year. In general, the import price, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2013 an increase of 105%. As a result, import price reached the peak level of $24,021 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($29,870 per ton), while the price for China ($3,703 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $43,000 per ton, shrinking by -2.5% against the previous year. In general, the export price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2018 an increase of 154% against the previous year. The export price peaked at $44,092 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($190,167 per ton), while the average price for exports to Papua New Guinea ($5,000 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 Germany (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds imported into Indonesia skyrocketed to 3.3 tons, jumping by 93% compared with 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 338% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $25K in 2022. Over the period under review, imports posted buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 277%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

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

1. China (2171.0 kg)
2. Hong Kong SAR (746.0 kg)
3. Japan (161.0 kg)
4. Italy (154.0 kg)
5. South Korea (84.0 kg)

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds exported from Indonesia declined significantly to 51 kg, waning by -58.5% against the previous year. Over the period under review, exports recorded a dramatic slump. The smallest decline of -10.2% was in 2021.

In value terms, exports of yarn; of flax, multiple (folded) or cableds fell rapidly to $2.2K in 2022. Overall, exports showed a dramatic decrease. The smallest decline of -21.3% was in 2020.

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

1. Singapore (42.0 kg)
2. Germany (6.0 kg)
3. Papua New Guinea (2.0 kg)
4. Kazakhstan (1.0 kg)

Source: IndexBox Market Intelligence Platform