Price for Yarn; of Flax, Single in Belarus - 2022

Contents:

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

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

In March 2022, the average yarn; of flax, single export price amounted to $1,822 per ton, which is down by -4.1% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in December 2021 an increase of 6.5% m-o-m. As a result, the export price attained the peak level of $1,910 per ton. From January 2022 to March 2022, the the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From March 2021 to March 2022, the rate of growth in terms of prices for Russia amounted to +0.9% per month.

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

In 2022, the average yarn; of flax, single import price amounted to $11,024 per ton, jumping by 20% against the previous year. In general, the import price showed strong growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 118%. As a result, import price attained the peak level of $14,557 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($11,127 per ton), while the price for Russia stood at $7,228 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+8.2%), while the prices for the other major suppliers experienced a decline.

Exports of Yarn; of Flax, Single in Belarus

In 2022, the amount of yarn; of flax, singles exported from Belarus dropped sharply to 1.7K tons, declining by -22.5% on 2021 figures. Overall, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 2.2K tons, and then contracted rapidly in the following year.

In value terms, yarn; of flax, single exports declined to $3.3M in 2022. In general, exports showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 25%.

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

1. Russia (1677.6 tons)

Imports of Yarn; of Flax, Single in Belarus

Yarn; of flax, single imports into Belarus soared to 354 tons in 2022, jumping by 97% compared with 2021 figures. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,601%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, yarn; of flax, single imports skyrocketed to $3.9M in 2022. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 2,403% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. Italy (344.4 tons)
2. Russia (9.4 tons)

Source: IndexBox Market Intelligence Platform