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

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $8,513 per ton, reducing by -16.1% against the previous year. Overall, the import price continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 20%. The import price peaked at $11,883 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($17,361 per ton), while the price for Egypt ($4,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $16,953 per ton, shrinking by -6.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 138%. As a result, the export price reached the peak level of $38,918 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($52,748 per ton), while the average price for exports to the UK ($8,228 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 Turkey (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds imported into Spain declined to 176 tons, with a decrease of -6.6% compared with 2021. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 189 tons, and then dropped in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds reduced rapidly to $1.5M 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 +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 72%. As a result, imports attained the peak of $1.9M, and then fell notably in the following year.

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

1. Egypt (110.4 tons)
2. Italy (35.0 tons)
3. China (24.0 tons)
4. France (6.3 tons)

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

In 2022, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by -41.5% to 15 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 62% against the previous year. As a result, the exports attained the peak of 33 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of yarn; of flax, multiple (folded) or cableds contracted sharply to $261K in 2022. In general, exports saw a perceptible reduction. The growth pace was the most rapid in 2020 with an increase of 69% against the previous year. As a result, the exports attained the peak of $489K. 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 Spain in 2022:

1. France (5.7 tons)
2. Turkey (3.6 tons)
3. United Kingdom (2.3 tons)
4. Italy (0.6 tons)
5. Germany (0.6 tons)
6. Portugal (0.5 tons)
7. Ireland (0.3 tons)

Source: IndexBox Market Intelligence Platform