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

Contents:

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

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

In 2022, the average yarn; of flax, single import price amounted to $37,203 per ton, with an increase of 40% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.9% 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 import price increased by +48.4% against 2018 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 63% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($46,935 per ton), while the price for Belgium ($19,778 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average yarn; of flax, single export price stood at $40,992 per ton in 2022, surging by 32% against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. The growth pace was the most rapid in 2018 when the average export price increased by 569%. As a result, the export price reached the peak level of $60,750 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($1,170,067 per ton), while the average price for exports to Lithuania totaled $38,976 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+181.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Flax, Single in Norway

After two years of decline, purchases abroad of yarn; of flax, singles increased by 27% to 4.7 tons in 2022. In general, imports, however, showed a deep downturn.

In value terms, yarn; of flax, single imports soared to $174K in 2022. Over the period under review, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Norway in 2022:

1. Italy (2361.0 kg)
2. Sweden (1027.0 kg)
3. Tunisia (556.0 kg)
4. India (478.0 kg)
5. China (152.0 kg)

Exports of Yarn; of Flax, Single in Norway

In 2022, exports of yarn; of flax, singles from Norway surged to 561 kg, rising by 53% compared with 2021 figures. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of flax, single exports skyrocketed to $23K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Lithuania (560.0 kg)
2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform