Price for Flax; Broken or Scutched, But Not Spun in the Netherlands - 2023
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in the Netherlands (CIF) - 2023
- Price for Flax; Broken or Scutched, But Not Spun in the Netherlands (FOB) - 2023
- Imports of Flax; Broken or Scutched, But Not Spun in the Netherlands
- Exports of Flax; Broken or Scutched, But Not Spun in the Netherlands
Price for Flax; Broken or Scutched, But Not Spun in the Netherlands (CIF) - 2023
In October 2023, the average import price for flax; broken or scutched, but not spuns amounted to $4,310 per ton, with an increase of 3.7% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 57% month-to-month. As a result, import price attained the peak level of $8,020 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was France ($5,165 per ton), while the price for Belgium stood at $4,271 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by France (+1.8%).
Price for Flax; Broken or Scutched, But Not Spun in the Netherlands (FOB) - 2023
In October 2023, the average export price for flax; broken or scutched, but not spuns amounted to $2,526 per ton, picking up by 38% against the previous month. In general, the export price enjoyed a measured expansion. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 111% against the previous month. Over the period under review, the average export prices hit record highs at $4,416 per ton in July 2023; however, from August 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was France ($5,937 per ton), while the average price for exports to Germany ($1,548 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Flax; Broken or Scutched, But Not Spun in the Netherlands
In 2022, approx. 4.3K tons of flax; broken or scutched, but not spuns were imported into the Netherlands; with an increase of 9.1% compared with 2021. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 119% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of flax; broken or scutched, but not spuns soared to $16M in 2022. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 156%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Flax; Broken or Scutched, But Not Spun in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.9 | 1.4 | 8.1 | 15.4 | 157.7% |
| France | 2.6 | 2.5 | 0.7 | 0.1 | -66.2% |
| Others | 0.1 | 0.1 | 1.1 | 0.9 | 108.0% |
| Total | 3.6 | 3.9 | 9.9 | 16.3 | 65.4% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to the Netherlands in 2022:
- Belgium (4.0K tons)
Exports of Flax; Broken or Scutched, But Not Spun in the Netherlands
In 2022, approx. 6.2K tons of flax; broken or scutched, but not spuns were exported from the Netherlands; rising by 47% against the previous year. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of flax; broken or scutched, but not spuns surged to $9.5M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Flax; Broken or Scutched, But Not Spun in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5.9 | 3.8 | 4.5 | 5.6 | -1.7% |
| France | 0.5 | 1.6 | 2.5 | 2.6 | 73.2% |
| Germany | 0.8 | 0.2 | 0.3 | 0.5 | -14.5% |
| Belarus | 0.9 | 0.9 | 0.1 | 0.2 | -39.4% |
| Others | 0.2 | 0.1 | 0.2 | 0.6 | 44.2% |
| Total | 8.2 | 6.6 | 7.6 | 9.5 | 5.0% |
Top Export Markets for Flax; Broken or Scutched, But Not Spun from the Netherlands in 2022:
- Belgium (4.7K tons)
- France (1.0K tons)
- Germany (0.2K tons)
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