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

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $12,260 per ton, waning by -10.5% against the previous year. In general, the import price saw a deep downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 28%. The import price peaked at $24,235 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 Italy ($36,314 per ton), while the price for Egypt ($4,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for yarn; of flax, multiple (folded) or cableds stood at $17,444 per ton in 2022, increasing by 711% against the previous year. Over the period under review, the export price recorded a strong increase. Over the period under review, the average export prices hit record highs at $23,181 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($18,204 per ton), while the average price for exports to Luxembourg ($1,406 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 Luxembourg (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of yarn; of flax, multiple (folded) or cableds decreased by -3% to 30 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 4.1%. As a result, imports attained the peak of 42 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of flax, multiple (folded) or cableds shrank to $368K in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 33% against the previous year. As a result, imports attained the peak of $447K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. India (14.0 tons)
2. Egypt (8.0 tons)
3. Belgium (4.1 tons)
4. Italy (2.6 tons)
5. Bulgaria (0.7 tons)
6. China (0.2 tons)

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

Exports of yarn; of flax, multiple (folded) or cableds from Portugal soared to 2.7 tons in 2022, rising by 98% on 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 310% against the previous year. As a result, the exports reached the peak of 4.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn; of flax, multiple (folded) or cableds surged to $47K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. France (2367.0 kg)
2. Angola (153.0 kg)
3. Mozambique (83.0 kg)
4. Luxembourg (64.0 kg)

Source: IndexBox Market Intelligence Platform