Price for Yarn; of Flax, Single in Brazil - 2023
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Price for Yarn; of Flax, Single in Brazil (CIF) - 2023
The average yarn; of flax, single import price stood at $16,819 per ton in August 2023, which is down by -45.8% against the previous month. Overall, the import price, however, showed a temperate expansion. The pace of growth was the most pronounced in March 2023 when the average import price increased by 243% against the previous month. As a result, import price reached the peak level of $45,045 per ton. From April 2023 to August 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to August 2023, the rate of growth in terms of prices for China amounted to +2.0% per month.
Imports of Yarn; of Flax, Single in Brazil
In 2022, the amount of yarn; of flax, singles imported into Brazil reduced remarkably to 207 tons, dropping by -15.7% on 2021 figures. Over the period under review, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 431% against the previous year. As a result, imports attained the peak of 245 tons, and then shrank remarkably in the following year.
In value terms, yarn; of flax, single imports contracted slightly to $2.7M in 2022. Overall, imports, however, continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 545%. As a result, imports attained the peak of $2.8M, and then shrank modestly in the following year.
Import of Yarn; of Flax, Single in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.6 | 0.4 | 2.8 | 2.7 | 19.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.6 | 0.4 | 2.8 | 2.7 | 19.1% |
Top Suppliers of Yarn; of Flax, Single to Brazil in 2022:
- China (205.8 tons)
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