Flax Yarn Price in Estonia - 2023

Contents:

1. Flax Yarn Price in Estonia (CIF) - 2022
2. Flax Yarn Price in Estonia (FOB) - 2022
3. Flax Yarn Imports in Estonia
4. Flax Yarn Exports in Estonia

Flax Yarn Price in Estonia (CIF) - 2022

In 2022, the average flax yarn import price amounted to $7,330 per ton, picking up by 33% against the previous year. In general, the import price, however, recorded a noticeable slump. Over the period under review, average import prices hit record highs at $9,318 per ton in 2012; however, from 2013 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 Poland ($16,652 per ton), while the price for Belarus ($2,607 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Estonia (FOB) - 2022

The average flax yarn export price stood at $4,843 per ton in 2022, increasing by 9.4% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax yarn export price increased by +6.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($15,800 per ton), while the average price for exports to Latvia ($3,328 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 Lithuania (+10.3%), while the prices for the other major destinations experienced a decline.

Flax Yarn Imports in Estonia

In 2022, purchases abroad of flax yarns decreased by -23.3% to 11 tons, falling for the second year in a row after two years of growth. In general, imports recorded a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 17 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flax yarn imports stood at $80K in 2022. Overall, imports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, imports reached the peak of $101K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Flax Yarn to Estonia in 2022:

1. Belarus (6.4 tons)
2. Italy (2.3 tons)
3. Poland (1.2 tons)
4. Lithuania (1.1 tons)

Flax Yarn Exports in Estonia

In 2022, overseas shipments of flax yarns decreased by -36.9% to 7.1 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, flax yarn exports contracted dramatically to $34K in 2022. Overall, exports showed a abrupt downturn. The growth pace was the most rapid in 2020 when exports increased by 5.6% against the previous year.

Top Export Markets for Flax Yarn from Estonia in 2022:

1. Latvia (6.5 tons)
2. Russia (0.5 tons)

Source: IndexBox Market Intelligence Platform