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

Contents:

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

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

In 2022, the average yarn; of flax, single export price amounted to $40,932 per ton, shrinking by -22.8% against the previous year. Overall, the export price, however, posted a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 114% against the previous year. The export price peaked at $53,040 per ton in 2021, and then dropped sharply in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iceland ($40,932 per ton) and Norway ($40,932 per ton), while the average price for exports to Thailand ($40,932 per ton) and the United States ($40,932 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (+26.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average yarn; of flax, single import price amounted to $10,283 per ton, shrinking by -33% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 75% against the previous year. The import price peaked at $16,287 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($10,283 per ton) and Norway ($10,283 per ton), while the price for the UK ($10,283 per ton) and the Netherlands ($10,283 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Yarn; of Flax, Single in Sweden

In 2022, shipments abroad of yarn; of flax, singles increased by 8.6% to 1.9 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a abrupt setback.

In value terms, yarn; of flax, single exports declined rapidly to $79K in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 40%.

Export of Yarn; of Flax, Single in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway41.161.052.457.011.5%
United States18.618.829.29.5-20.1%
JapanN/A2.34.36.871.9%
ThailandN/AN/AN/A2.80%
IcelandN/AN/A0.12.22100.0%
South Korea1.72.04.30.5-33.5%
Others0.11.94.30.571.0%
Total61.585.994.679.38.8%

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

  1. Norway (1394.0 kg)
  2. United States (232.0 kg)
  3. Japan (167.0 kg)
  4. Thailand (68.0 kg)
  5. Iceland (53.0 kg)
  6. South Korea (12.0 kg)

Imports of Yarn; of Flax, Single in Sweden

In 2022, after two years of decline, there was significant growth in supplies from abroad of yarn; of flax, singles, when their volume increased by 138% to 3.2 tons. Over the period under review, imports, however, showed a deep setback.

In value terms, yarn; of flax, single imports surged to $33K in 2022. Overall, imports, however, showed a abrupt shrinkage.

Import of Yarn; of Flax, Single in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.110.49.820.631.3%
Denmark29.28.57.76.4-39.7%
Netherlands0.82.01.23.462.0%
United KingdomN/AN/AN/A1.50%
IndiaN/AN/AN/A0.90%
Others0.60.62.10.3-20.6%
Total39.821.520.733.0-6.1%

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

  1. China (2000.0 kg)
  2. Denmark (625.0 kg)
  3. Netherlands (327.0 kg)
  4. United Kingdom (144.0 kg)
  5. India (87.0 kg)

Source: IndexBox Market Intelligence Platform

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