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

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $14,133 per ton, growing by 28% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $15,009 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($14,133 per ton), while the price for China amounted to $14,124 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-0.6%), while the prices for the other major suppliers experienced a decline.

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

In 2020, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $20,938 per ton, falling by -23.2% against the previous year. Over the period under review, the export price, however, posted prominent growth. Over the period under review, the average export prices attained the maximum at $27,271 per ton in 2019, and then contracted markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2017 to 2020, the rate of growth in terms of prices for Angola amounted to +5.7% per year.

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

For the fourth consecutive year, Israel recorded growth in supplies from abroad of yarn; of flax, multiple (folded) or cableds, which increased by 2.3% to 5.4 tons in 2022. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 45%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $76K in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 45%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

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

1. Egypt (5.0 tons)
2. China (0.4 tons)

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

In 2020, approx. 3.8 tons of yarn; of flax, multiple (folded) or cableds were exported from Israel; which is down by -29% compared with 2019. Over the period under review, exports showed a precipitous decline.

In value terms, exports of yarn; of flax, multiple (folded) or cableds contracted sharply to $79K in 2020. Overall, exports faced a significant curtailment.

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

1. Angola (3.8 tons)

Source: IndexBox Market Intelligence Platform