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

Contents:

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

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

In June 2023, the average yarn; of flax, single import price amounted to $5,610 per ton, jumping by 35% against the previous month. Over the period under review, the import price showed notable growth. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 111% month-to-month. As a result, import price attained the peak level of $17,242 per ton. From March 2023 to June 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($21,318 per ton), while the price for Egypt ($3,006 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.1%), while the prices for the other major suppliers experienced a decline.

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

The average yarn; of flax, single export price stood at $1,319 per ton in 2022, with a decrease of -84.8% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $8,807 per ton. From 2014 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 Germany ($8,194 per ton), while the average price for exports to the Netherlands ($937 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 Czech Republic (+72.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Romania

After two years of decline, purchases abroad of yarn; of flax, singles increased by 38% to 293 tons in 2022. The total import volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $1.7M in 2022. The total import value increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Egypt (217.0 tons)
2. Italy (53.3 tons)
3. France (14.8 tons)

Exports of Yarn; of Flax, Single in Romania

In 2022, exports of yarn; of flax, singles from Romania surged to 84 tons, increasing by 1,239% compared with the previous year's figure. Overall, exports posted a significant expansion. 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 surged to $111K in 2022. Over the period under review, exports posted a strong increase. 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 Romania in 2022:

1. Netherlands (79.7 tons)
2. Italy (3.2 tons)

Source: IndexBox Market Intelligence Platform