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

Contents:

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

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $7,076 per ton in 2022, increasing by 13% against the previous year. In general, the import price, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2015 when the average import price increased by 36% against the previous year. The import price peaked at $17,969 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($23,773 per ton), while the price for India totaled $6,883 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.9%).

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

In 2020, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $15,000 per ton, with a decrease of -15.8% against the previous year. Overall, export price indicated a resilient expansion from 2016 to 2020: its price increased at an average annual rate of +9.5% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, export price for yarn; of flax, multiple (folded) or cableds increased by +50.0% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 78%. As a result, the export price attained the peak level of $17,818 per ton, and then shrank markedly in the following year.

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

From 2016 to 2020, the rate of growth in terms of prices for China amounted to +9.5% per year.

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

In 2022, overseas purchases of yarn; of flax, multiple (folded) or cableds increased by 128% to 16 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of yarn; of flax, multiple (folded) or cableds skyrocketed to $115K in 2022. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. India (16.0 tons)

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

Exports of yarn; of flax, multiple (folded) or cableds from Nepal reduced remarkably to 2 kg in 2020, shrinking by -66.7% on 2019. Over the period under review, exports saw a dramatic curtailment.

In value terms, exports of yarn; of flax, multiple (folded) or cableds reduced remarkably to $30 in 2020. Overall, exports continue to indicate a sharp setback.

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

1. China (2.0 kg)

Source: IndexBox Market Intelligence Platform