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

Contents:

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

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sweden (CIF) - 2022

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $19,461 per ton, rising by 8.5% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 17%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($34,374 per ton), while the price for Latvia ($9,238 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sweden (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $63,038 per ton in 2022, dropping by -28.3% against the previous year. Overall, the export price, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2018 an increase of 133% against the previous year. Over the period under review, the average export prices attained the peak figure at $89,078 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($87,935 per ton), while the average price for exports to Switzerland ($7,750 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 (+73.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 35 tons of yarn; of flax, multiple (folded) or cableds were imported into Sweden; jumping by 21% against 2021. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +12.4% 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 +52.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $689K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (32.8 tons)
2. China (0.7 tons)
3. Taiwan (Chinese) (0.5 tons)
4. Poland (0.5 tons)
5. Germany (0.1 tons)

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

For the fourth consecutive year, Sweden recorded growth in overseas shipments of yarn; of flax, multiple (folded) or cableds, which increased by 1.4% to 5 tons in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 30%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of yarn; of flax, multiple (folded) or cableds reduced notably to $316K in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 21%. As a result, the exports reached the peak of $377K, and then fell significantly in the following year.

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

1. Norway (2157.0 kg)
2. Denmark (1600.0 kg)
3. United States (659.0 kg)
4. United Kingdom (378.0 kg)
5. Japan (57.0 kg)
6. South Korea (18.0 kg)

Source: IndexBox Market Intelligence Platform