Price for Yarn; of Flax, Multiple (Folded) or Cabled in New Zealand - 2024

Contents:

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

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $54,645 per ton in 2022, surging by 10% against the previous year. Overall, the import price recorded a strong increase. The growth pace was the most rapid in 2014 an increase of 291% against the previous year. As a result, import price attained the peak level of $56,139 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Peru ($68,471 per ton), while the price for Hungary ($24,222 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $22,643 per ton, with a decrease of -13.6% against the previous year. In general, the export price, however, enjoyed a strong increase. The growth pace was the most rapid in 2017 an increase of 431% against the previous year. As a result, the export price attained the peak level of $121,307 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +17.8% per year.

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds imported into New Zealand soared to 1.6 tons, growing by 115% compared with 2021 figures. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 212%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds soared to $85K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 444% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Italy (679.0 kg)
2. Portugal (445.0 kg)
3. Peru (261.0 kg)
4. China (97.0 kg)
5. United Kingdom (34.0 kg)
6. Hungary (27.0 kg)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of yarn; of flax, multiple (folded) or cableds, when their volume decreased by -98.1% to 1 kg. In general, exports showed a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 533%.

In value terms, exports of yarn; of flax, multiple (folded) or cableds declined notably to $3 in 2022. Over the period under review, exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2020 when exports increased by 420% against the previous year.

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

1. Australia (1.0 kg)

Source: IndexBox Market Intelligence Platform