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

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Poland (FOB) - 2023
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Poland (CIF) - 2022
3. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Poland
4. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Poland

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

The average export price for yarn; of flax, multiple (folded) or cableds stood at $15,910 per ton in December 2023, growing by 6.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in September 2023 an increase of 31% month-to-month. Over the period under review, the average export prices hit record highs in December 2023.

Average prices varied noticeably for the major overseas markets. In December 2023, the country with the highest price was the Netherlands ($17,025 per ton), while the average price for exports to France stood at $15,914 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $8,424 per ton, falling by -9.4% against the previous year. Overall, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 118% against the previous year. Over the period under review, average import prices attained the maximum at $36,966 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Hungary ($47,875 per ton), while the price for Bulgaria ($4,231 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of yarn; of flax, multiple (folded) or cableds from Poland expanded slightly to 360 tons in 2022, increasing by 2.6% compared with the previous year. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year.

In value terms, exports of yarn; of flax, multiple (folded) or cableds reached $4.4M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Belgium (184.6 tons)
2. France (147.3 tons)
3. Czech Republic (13.6 tons)

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

Imports of yarn; of flax, multiple (folded) or cableds into Poland declined significantly to 4.2 tons in 2022, dropping by -67.5% compared with the year before. Overall, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 when imports increased by 260%. As a result, imports reached the peak of 13 tons, and then dropped notably in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds declined markedly to $36K in 2022. Over the period under review, imports faced a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 227% against the previous year. As a result, imports attained the peak of $121K, and then shrank sharply in the following year.

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

1. China (3989.0 kg)
2. United Kingdom (114.0 kg)
3. Czech Republic (82.0 kg)
4. Germany (12.0 kg)
5. Hungary (8.0 kg)

Source: IndexBox Market Intelligence Platform