Price for Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania - 2023
Contents:
- Price for Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (CIF) - 2022
- Price for Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (FOB) - 2022
- Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania
- Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania
Price for Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (CIF) - 2022
The average import price for yarn; of flax, multiple (folded) or cableds stood at $16,997 per ton in 2022, picking up by 182% against the previous year. Over the period under review, the import price enjoyed temperate growth. 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 Bulgaria ($36,584 per ton), while the price for China ($7,699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (FOB) - 2022
In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $19,097 per ton, picking up by 45% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn; of flax, multiple (folded) or cableds increased by +93.5% against 2017 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($35,362 per ton), while the average price for exports to Belarus ($4,282 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 Ireland (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania
In 2022, after three years of growth, there was significant decline in overseas purchases of yarn; of flax, multiple (folded) or cableds, when their volume decreased by -28.9% to 13 tons. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 290% against the previous year.
In value terms, imports of yarn; of flax, multiple (folded) or cableds skyrocketed to $222K in 2022. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 124% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 36.3 | 30.7 | 89.6 | 507.3% |
| China | N/A | N/A | 22.5 | 42.8 | 90.2% |
| Italy | 13.8 | 5.7 | 7.2 | 41.5 | 44.3% |
| Belgium | N/A | N/A | N/A | 19.0 | 0% |
| Bulgaria | 13.5 | 14.4 | 7.7 | 11.7 | -4.7% |
| Estonia | N/A | N/A | N/A | 8.0 | 0% |
| Poland | 0.5 | 0.1 | 8.8 | 1.2 | 33.9% |
| Belarus | 2.5 | 13.1 | 31.5 | N/A | 255.0% |
| Others | 3.7 | 7.1 | 4.5 | 8.6 | 32.5% |
| Total | 34.2 | 76.7 | 113 | 222 | 86.5% |
Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Lithuania in 2022:
- China (5.6 tons)
- Germany (3.2 tons)
- Italy (2.1 tons)
- Belgium (1.2 tons)
- Estonia (0.6 tons)
- Bulgaria (0.3 tons)
- Poland (0.1 tons)
Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania
After two years of decline, overseas shipments of yarn; of flax, multiple (folded) or cableds increased by 43% to 8.3 tons in 2022. In general, exports, however, saw a noticeable curtailment.
In value terms, exports of yarn; of flax, multiple (folded) or cableds surged to $158K in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Yarn; of Flax, Multiple (Folded) or Cabled in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 32.9 | 40.7 | 41.7 | 108 | 48.6% |
| Kazakhstan | N/A | N/A | N/A | 12.9 | 0% |
| United States | N/A | 0.2 | 1.7 | 11.8 | 668.1% |
| Latvia | 17.8 | 24.1 | 29.0 | 8.7 | -21.2% |
| Turkey | N/A | N/A | N/A | 6.9 | 0% |
| Armenia | N/A | N/A | N/A | 4.3 | 0% |
| Belarus | 2.1 | 0.7 | 2.6 | 2.1 | 0.0% |
| United Kingdom | 1.3 | 8.9 | 2.6 | N/A | 41.4% |
| Estonia | 60.7 | 27.5 | 1.2 | N/A | -85.9% |
| Others | 4.7 | 2.9 | 4.1 | 2.7 | -16.9% |
| Total | 120 | 105 | 82.8 | 158 | 9.6% |
Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Lithuania in 2022:
- Russia (3.6 tons)
- Turkey (1.2 tons)
- Latvia (1.2 tons)
- Kazakhstan (1.0 tons)
- Belarus (0.5 tons)
- United States (0.3 tons)
- Armenia (0.3 tons)
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