Price for Yarn; of Flax, Multiple (Folded) or Cabled in Turkey - 2024

Contents:

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

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

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $12,425 per ton, declining by -16.7% against the previous year. In general, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 an increase of 21% against the previous year. The import price peaked at $24,759 per ton in 2017; however, from 2018 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 Bulgaria ($29,884 per ton), while the price for Egypt ($7,874 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+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 Turkey (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $16,053 per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price saw a strong increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 137%. The export price peaked at $24,599 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($44,692 per ton), while the average price for exports to Israel ($2,826 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 Jordan (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of yarn; of flax, multiple (folded) or cableds into Turkey expanded markedly to 87 tons, increasing by 12% on 2021. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 209%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn; of flax, multiple (folded) or cableds reduced slightly to $1.1M in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 268%. As a result, imports reached the peak of $1.1M, and then contracted in the following year.

Import of Yarn; of Flax, Multiple (Folded) or Cabled in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt13.326.9381472228.6%
Italy16964.646328318.7%
IndiaN/AN/A8.81541650.0%
China21371.175.4141-12.8%
Spain61.310212521.0-30.0%
Tunisia14.311.442.00.8-61.8%
Others6.532.036.36.92.0%
Total4783081,1311,07931.2%

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

  1. Egypt (60.0 tons)
  2. Italy (9.6 tons)
  3. India (8.9 tons)
  4. China (5.7 tons)
  5. Spain (2.5 tons)
  6. Tunisia (0.1 tons)

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

In 2022, exports of yarn; of flax, multiple (folded) or cableds from Turkey shrank markedly to 2.4 tons, reducing by -69.9% against 2021 figures. Over the period under review, exports saw a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 467% against the previous year. As a result, the exports reached the peak of 7.8 tons, and then shrank notably in the following year.

In value terms, exports of yarn; of flax, multiple (folded) or cableds contracted markedly to $38K in 2022. In general, exports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 289%.

Export of Yarn; of Flax, Multiple (Folded) or Cabled in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A26.721.1-21.0%
United States41.37.37.111.2-35.3%
IsraelN/AN/A1.11.754.5%
Serbia7.51.32.00.8-52.6%
GeorgiaN/AN/A0.20.4100.0%
SenegalN/A0.1N/A0.373.2%
Russia8.10.1N/AN/A-98.8%
Kazakhstan5.0N/A0.8N/A-60.0%
ParaguayN/AN/A4.4N/A0%
ChileN/AN/A50.8N/A0%
France12.812.411.2N/A-6.5%
Greece41.76.9N/AN/A-83.5%
Others4.72.013.02.9-14.9%
Total12130.211738.5-31.7%

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

  1. Germany (942.0 kg)
  2. Israel (604.0 kg)
  3. United States (416.0 kg)
  4. Serbia (122.0 kg)
  5. Senegal (79.0 kg)
  6. Georgia (50.0 kg)

Source: IndexBox Market Intelligence Platform

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