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

Contents:

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

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

The average yarn; of flax, single import price stood at $15,100 per ton in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2018 when the average import price increased by 15%. Over the period under review, average import prices attained the maximum at $15,111 per ton in 2021, and then fell modestly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($20,301 per ton), while the price for Italy ($14,479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average yarn; of flax, single export price stood at $815,807 per ton in 2022, increasing by 1,255% against the previous year. In general, the export price saw a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($1,090,863 per ton), while the average price for exports to Switzerland ($96,775 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+53,034.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Flax, Single in Finland

In 2022, approx. 84 tons of yarn; of flax, singles were imported into Finland; jumping by 25% compared with 2021. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single imports soared to $1.3M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

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

1. Italy (51.4 tons)
2. France (32.5 tons)

Exports of Yarn; of Flax, Single in Finland

In 2022, after two years of decline, there was significant growth in shipments abroad of yarn; of flax, singles, when their volume increased by 130% to 46 kg. In general, exports, however, faced a sharp contraction.

In value terms, yarn; of flax, single exports skyrocketed to $38K in 2022. Over the period under review, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Singapore (33.0 kg)
2. Switzerland (10.0 kg)
3. United Kingdom (3.0 kg)

Source: IndexBox Market Intelligence Platform