Price for Yarn; of Flax, Single in Australia - 2023

Contents:

1. Price for Yarn; of Flax, Single in Australia (CIF) - 2022
2. Price for Yarn; of Flax, Single in Australia (FOB) - 2022
3. Imports of Yarn; of Flax, Single in Australia
4. Exports of Yarn; of Flax, Single in Australia

Price for Yarn; of Flax, Single in Australia (CIF) - 2022

In 2022, the average yarn; of flax, single import price amounted to $23,989 per ton, surging by 55% against the previous year. In general, the import price saw a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($55,198 per ton), while the price for China ($13,800 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+36.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Single in Australia (FOB) - 2022

In 2022, the average yarn; of flax, single export price amounted to $10,371 per ton, approximately reflecting the previous year. Over the period under review, the export price saw a slight reduction. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the maximum at $10,978 per ton in 2018; however, from 2019 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 Hong Kong SAR ($11,580 per ton), while the average price for exports to New Zealand stood at $7,105 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.6%).

Imports of Yarn; of Flax, Single in Australia

In 2022, yarn; of flax, single imports into Australia reduced to 1.4 tons, falling by -7.7% against 2021. In general, imports faced a precipitous decrease.

In value terms, yarn; of flax, single imports soared to $34K in 2022. Over the period under review, imports showed a dramatic decline.

Top Suppliers of Yarn; of Flax, Single to Australia in 2022:

1. Belgium (792.0 kg)
2. China (413.0 kg)
3. Portugal (105.0 kg)
4. Italy (77.0 kg)
5. Lithuania (39.0 kg)

Exports of Yarn; of Flax, Single in Australia

In 2022, the amount of yarn; of flax, singles exported from Australia totaled 4 tons, stabilizing at 2021. Overall, exports showed a dramatic descent. The smallest decline of 99.9% was in 2021.

In value terms, yarn; of flax, single exports amounted to $42K in 2022. Over the period under review, exports recorded a significant decrease. The smallest decline of 99.9% was in 2021.

Top Export Markets for Yarn; of Flax, Single from Australia in 2022:

1. Hong Kong SAR (2.9 tons)
2. New Zealand (1.1 tons)

Source: IndexBox Market Intelligence Platform