Flax Yarn Price in Finland - 2023

Contents:

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

Flax Yarn Price in Finland (CIF) - 2022

In 2022, the average flax yarn import price amounted to $15,711 per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2018 an increase of 14%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($21,545 per ton), while the price for Poland ($2,726 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Finland (FOB) - 2022

The average flax yarn export price stood at $41,765 per ton in 2022, rising by 106% against the previous year. Overall, the export price, however, showed a slight shrinkage. The pace of growth was the most pronounced in 2019 an increase of 146% against the previous year. As a result, the export price attained the peak level of $51,006 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($149,156 per ton), while the average price for exports to Belarus ($216 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 South Korea (+8.8%), while the prices for the other major destinations experienced mixed trend patterns.

Flax Yarn Imports in Finland

In 2022, flax yarn imports into Finland skyrocketed to 100 tons, jumping by 26% compared with the year before. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, flax yarn imports skyrocketed to $1.6M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Flax Yarn to Finland in 2022:

1. Italy (58.0 tons)
2. France (33.0 tons)
3. Germany (6.5 tons)

Flax Yarn Exports in Finland

In 2022, approx. 1.5 tons of flax yarns were exported from Finland; with an increase of 123% on the year before. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn exports skyrocketed to $61K in 2022. In general, exports posted a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flax Yarn from Finland in 2022:

1. United Kingdom (511.0 kg)
2. Singapore (367.0 kg)
3. Belarus (355.0 kg)
4. Switzerland (162.0 kg)
5. South Korea (44.0 kg)

Source: IndexBox Market Intelligence Platform