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

Contents:

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

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $42,702 per ton, increasing by 21% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.6% 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 +54.9% against 2015 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($64,456 per ton), while the average price for exports to Chile ($28,571 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 New Zealand (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $14,152 per ton in 2022, shrinking by -2.5% against the previous year. In general, the import price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2013 an increase of 88% against the previous year. The import price peaked at $40,712 per ton in 2015; however, from 2016 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 Germany ($15,465 per ton), while the price for Spain stood at $4,778 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of yarn; of flax, multiple (folded) or cableds decreased by -25.9% to 2.6 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 229% against the previous year. As a result, the exports reached the peak of 4.4 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 fell to $112K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 296% against the previous year. As a result, the exports attained the peak of $178K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (1853.0 kg)
2. Norway (492.0 kg)
3. New Zealand (261.0 kg)

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds imported into Peru soared to 1.7 tons, jumping by 24% against 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.6% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of yarn; of flax, multiple (folded) or cableds soared to $23K in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +97.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 64% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.

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

1. Germany (1450.0 kg)
2. Spain (203.0 kg)

Source: IndexBox Market Intelligence Platform