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

Contents:

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

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

In 2022, the average yarn; of flax, single export price amounted to $34,008 per ton, reducing by -2.4% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yarn; of flax, single export price decreased by -29.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 43%. As a result, the export price attained the peak level of $47,992 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($62,865 per ton), while the average price for exports to Sweden ($22,629 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 the United States (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average yarn; of flax, single import price stood at $32,115 per ton in 2022, increasing by 8.2% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 47% against the previous year. As a result, import price attained the peak level of $38,066 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Italy ($39,450 per ton), while the price for Egypt amounted to $8,045 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.5%).

Exports of Yarn; of Flax, Single in Denmark

In 2022, the amount of yarn; of flax, singles exported from Denmark skyrocketed to 1.3 tons, with an increase of 43% on the previous year. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 141% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, yarn; of flax, single exports surged to $46K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 75%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. United States (419.0 kg)
2. Sweden (284.0 kg)
3. Greenland (260.0 kg)
4. Norway (99.0 kg)
5. South Korea (69.0 kg)
6. Canada (57.0 kg)
7. China (40.0 kg)

Imports of Yarn; of Flax, Single in Denmark

Yarn; of flax, single imports into Denmark soared to 7.5 tons in 2022, picking up by 1,266% compared with 2021. Overall, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single imports skyrocketed to $242K in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (5.8 tons)
2. Egypt (1.7 tons)

Source: IndexBox Market Intelligence Platform