Flax Yarn Price in Greece - 2023

Contents:

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

Flax Yarn Price in Greece (CIF) - 2022

The average flax yarn import price stood at $9,704 per ton in 2022, rising by 7.9% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, flax yarn import price increased by +70.2% against 2016 indices. The growth pace was the most rapid in 2013 when the average import price increased by 51%. As a result, import price reached the peak level of $9,902 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($40,785 per ton), while the price for China ($4,037 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Flax Yarn Price in Greece (FOB) - 2022

The average flax yarn export price stood at $7,252 per ton in 2022, picking up by 50% against the previous year. Overall, the export price, however, continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 64%. The export price peaked at $18,057 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($12,909 per ton), while the average price for exports to Poland ($772 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 Germany (+76.6%), while the prices for the other major destinations experienced more modest paces of growth.

Flax Yarn Imports in Greece

In 2022, overseas purchases of flax yarns decreased by -14.3% to 41 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of 82 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, flax yarn imports fell to $396K in 2022. Over the period under review, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of $594K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Flax Yarn to Greece in 2022:

1. Egypt (19.4 tons)
2. Portugal (11.4 tons)
3. Italy (4.0 tons)
4. Bulgaria (3.5 tons)
5. China (0.7 tons)

Flax Yarn Exports in Greece

After two years of decline, shipments abroad of flax yarns decreased by -66.7% to 1.8 tons in 2022. In general, exports, however, saw a strong expansion.

In value terms, flax yarn exports reduced rapidly to $13K in 2022. Overall, exports showed a pronounced decline.

Top Export Markets for Flax Yarn from Greece in 2022:

1. Netherlands (957.0 kg)
2. Cyprus (432.0 kg)
3. Italy (185.0 kg)
4. Poland (149.0 kg)
5. Bulgaria (24.0 kg)

Source: IndexBox Market Intelligence Platform