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

Contents:

1. Price for Yarn; of Flax, Single in Japan (CIF) - 2023
2. Price for Yarn; of Flax, Single in Japan (FOB) - 2022
3. Imports of Yarn; of Flax, Single in Japan
4. Exports of Yarn; of Flax, Single in Japan

Price for Yarn; of Flax, Single in Japan (CIF) - 2023

In July 2023, the average yarn; of flax, single import price amounted to $16,459 per ton, with a decrease of -11.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.3%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 32% month-to-month. As a result, import price attained the peak level of $18,624 per ton, and then reduced in the following month.

As there is only one major supplying country, the average price level is determined by prices for China.

From July 2022 to July 2023, the rate of growth in terms of prices for China amounted to +1.3% per month.

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

In 2022, the average yarn; of flax, single export price amounted to $38,312 per ton, declining by -21.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 23%. The export price peaked at $49,693 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($68,138 per ton), while the average price for exports to Cambodia ($24,724 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 Italy (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Japan

In 2022, the amount of yarn; of flax, singles imported into Japan rose significantly to 898 tons, surging by 11% compared with 2021 figures. Over the period under review, imports, however, faced a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 26%.

In value terms, yarn; of flax, single imports surged to $12M in 2022. Overall, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.

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

1. China (866.3 tons)
2. Poland (12.8 tons)

Exports of Yarn; of Flax, Single in Japan

In 2022, overseas shipments of yarn; of flax, singles decreased by -45.6% to 4 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 2.9%. As a result, the exports reached the peak of 11 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, yarn; of flax, single exports declined markedly to $154K in 2022. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2020 when exports increased by 10% against the previous year. As a result, the exports reached the peak of $529K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

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

1. China (1675.0 kg)
2. Thailand (1265.0 kg)
3. United States (776.0 kg)
4. Cambodia (215.0 kg)
5. Italy (65.0 kg)

Source: IndexBox Market Intelligence Platform