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

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $13,022 per ton, which is down by -19.6% against the previous year. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 1,678%. As a result, import price attained the peak level of $379,557 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

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 Germany ($125,545 per ton), while the price for Taiwan (Chinese) ($613 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+51.1%), while the prices for the other major suppliers experienced a decline.

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

The average export price for yarn; of flax, multiple (folded) or cableds stood at $6,642 per ton in 2022, waning by -91.7% against the previous year. Overall, the export price saw a perceptible setback. The pace of growth appeared the most rapid in 2018 an increase of 1,787%. As a result, the export price attained the peak level of $436,291 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($79,714 per ton), while the average price for exports to Indonesia ($1,800 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 Vietnam (+107.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of yarn; of flax, multiple (folded) or cableds decreased by -56.4% to 629 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 541%. As a result, imports reached the peak of 1.4 tons, and then fell significantly in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds fell remarkably to $11K in 2022. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 375%.

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

1. United States (567.0 kg)
2. Taiwan (Chinese) (31.0 kg)
3. Germany (11.0 kg)
4. China (6.0 kg)

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

Exports of yarn; of flax, multiple (folded) or cableds from Singapore fell notably to 13 kg in 2022, shrinking by -95.8% against the previous year's figure. In general, exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 204% against the previous year.

In value terms, exports of yarn; of flax, multiple (folded) or cableds shrank notably to $599 in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 244%. As a result, the exports attained the peak of $22K, and then declined dramatically in the following year.

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

1. Malaysia (7.0 kg)
2. Indonesia (5.0 kg)
3. China (1.0 kg)

Source: IndexBox Market Intelligence Platform