Flax Yarn Price in Ireland - 2023
Contents:
- Flax Yarn Price in Ireland (CIF) - 2022
- Flax Yarn Price in Ireland (FOB) - 2022
- Flax Yarn Imports in Ireland
- Flax Yarn Exports in Ireland
Flax Yarn Price in Ireland (CIF) - 2022
The average flax yarn import price stood at $19,110 per ton in 2022, picking up by 31% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +111.6% against 2017 indices. The growth pace was the most rapid in 2018 when the average import price increased by 46%. The import price peaked at $20,169 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 Spain ($33,955 per ton), while the price for Belgium ($7,957 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Price in Ireland (FOB) - 2022
In 2022, the average flax yarn export price amounted to $14,421 per ton, growing by 61% against the previous year. Over the period under review, the export price continues to indicate a perceptible increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 117% against the previous year. As a result, the export price attained the peak level of $28,834 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($198,445 per ton), while the average price for exports to Canada ($1,098 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 India (+29.2%), while the prices for the other major destinations experienced more modest paces of growth.
Flax Yarn Imports in Ireland
In 2022, after three years of growth, there was decline in overseas purchases of flax yarns, when their volume decreased by less than 0.1% to 12 tons. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 12 tons, leveling off in the following year.
In value terms, flax yarn imports soared to $237K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.0% 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 +90.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Flax Yarn in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 46.4 | 55.9 | 93.8 | 98.3 | 28.4% |
| United Kingdom | 11.5 | 23.1 | 55.5 | 66.9 | 79.8% |
| France | 49.6 | 63.5 | 21.5 | 51.4 | 1.2% |
| Spain | 7.5 | N/A | N/A | 14.2 | 23.7% |
| China | 2.2 | 4.2 | 0.1 | 0.4 | -43.3% |
| Others | 7.1 | 1.0 | 10.4 | 6.0 | -5.5% |
| Total | 124 | 148 | 181 | 237 | 24.1% |
Top Suppliers of Flax Yarn to Ireland in 2022:
- China (undefined tons)
- Italy (5.9 tons)
- United Kingdom (4.2 tons)
- France (1.7 tons)
- Spain (0.4 tons)
Flax Yarn Exports in Ireland
After two years of decline, overseas shipments of flax yarns increased by 16% to 152 kg in 2022. Over the period under review, exports, however, saw a sharp slump.
In value terms, flax yarn exports surged to $2.2K in 2022. In general, exports, however, recorded a sharp decline.
| Export of Flax Yarn in Ireland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 1,879 | N/A | N/A | 719 | -27.4% |
| India | 159 | 3,210 | N/A | 425 | 38.8% |
| Japan | 1,742 | N/A | N/A | 339 | -42.1% |
| United Arab Emirates | 1,366 | N/A | N/A | 320 | -38.4% |
| France | 239 | N/A | N/A | 122 | -20.1% |
| Italy | 243 | N/A | N/A | 89.0 | -28.5% |
| Canada | 5.0 | N/A | N/A | 2.0 | -26.3% |
| Lithuania | 628 | N/A | N/A | N/A | 0% |
| Others | 232 | N/A | 1,170 | 174 | -9.1% |
| Total | 6,493 | 3,210 | 1,170 | 2,190 | -30.4% |
Top Export Markets for Flax Yarn from Ireland in 2022:
- India (45.0 kg)
- France (29.0 kg)
- Japan (21.0 kg)
- United Arab Emirates (9.0 kg)
- Italy (8.0 kg)
- Brazil (4.0 kg)
- Canada (2.0 kg)
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