Price for Yarn; of Flax, Multiple (Folded) or Cabled in France - 2023

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in France (CIF) - 2023
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in France (FOB) - 2023
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in France
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in France

Price for Yarn; of Flax, Multiple (Folded) or Cabled in France (CIF) - 2023

In December 2023, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $18,374 per ton, dropping by -11.3% against the previous month. Over the period under review, the import price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in June 2023 an increase of 75% month-to-month. As a result, import price attained the peak level of $30,168 per ton. From July 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Egypt ($153K per ton), while the price for China ($2,340 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Egypt (+57.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in France (FOB) - 2023

The average export price for yarn; of flax, multiple (folded) or cableds stood at $21,859 per ton in December 2023, growing by 23% against the previous month. Overall, the export price showed slight growth. The pace of growth was the most pronounced in April 2023 when the average export price increased by 58% m-o-m. Over the period under review, the average export prices hit record highs at $21,890 per ton in August 2023; afterwards, it flattened through to December 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($48,805 per ton), while the average price for exports to the UK ($14,099 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in France

In 2022, supplies from abroad of yarn; of flax, multiple (folded) or cableds decreased by -20% to 234 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of 293 tons, and then reduced rapidly in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds reduced slightly to $2.6M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $2.7M, and then dropped in the following year.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to France in 2022:

1. Poland (121.4 tons)
2. Egypt (62.5 tons)
3. Belgium (22.2 tons)
4. Italy (14.6 tons)
5. Spain (7.3 tons)

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in France

After three years of growth, shipments abroad of yarn; of flax, multiple (folded) or cableds decreased by -22.1% to 203 tons in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.2% 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 +19.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, the exports attained the peak of 261 tons, and then contracted rapidly in the following year.

In value terms, exports of yarn; of flax, multiple (folded) or cableds fell to $2.4M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +44.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, the exports reached the peak of $2.6M, and then contracted in the following year.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from France in 2022:

1. Belgium (182.6 tons)
2. Spain (6.9 tons)
3. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform