Price for Yarn; of Flax, Single in Malaysia - 2024

Contents:

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

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

The average yarn; of flax, single import price stood at $9,209 per ton in 2022, which is down by -10.5% against the previous year. In general, the import price, however, continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 58% against the previous year. The import price peaked at $15,147 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($36,000 per ton), while the price for China stood at $8,816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2021, the average yarn; of flax, single export price amounted to $10,018 per ton, remaining constant against the previous year. Overall, the export price showed significant growth. The pace of growth appeared the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

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

From 2013 to 2021, the rate of growth in terms of prices for India amounted to +24.6% per year.

Imports of Yarn; of Flax, Single in Malaysia

For the third consecutive year, Malaysia recorded decline in supplies from abroad of yarn; of flax, singles, which decreased by -31.7% to 2.1 tons in 2022. Overall, imports showed a sharp contraction. The smallest decline of -0.1% was in 2020.

In value terms, yarn; of flax, single imports fell notably to $19K in 2022. Over the period under review, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 when imports increased by 24%. As a result, imports reached the peak of $100K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

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

1. China (2.0 tons)

Exports of Yarn; of Flax, Single in Malaysia

Yarn; of flax, single exports from Malaysia totaled 1.6 tons in 2021, remaining relatively unchanged against 2020. Over the period under review, exports faced a dramatic setback. The smallest decline of 99.9% was in 2020.

In value terms, yarn; of flax, single exports stood at $16K in 2021. Overall, exports saw a dramatic curtailment. The smallest decline of 99.9% was in 2020.

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

1. India (1.6 tons)

Source: IndexBox Market Intelligence Platform