Price for Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan - 2023

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan (CIF) - 2022
  2. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan (CIF) - 2022

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $44,857 per ton, which is down by -6.6% against the previous year. In general, the import price, however, showed prominent growth. The growth pace was the most rapid in 2017 when the average import price increased by 861%. The import price peaked at $305,563 per ton in 2018; however, from 2019 to 2022, 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 Italy ($323,800 per ton), while the price for Turkey amounted to $7,162 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+792.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Azerbaijan reduced markedly to 42 kg, shrinking by -41.7% compared with the year before. Over the period under review, imports faced a sharp curtailment. The smallest decline of -14.8% was in 2020.

In value terms, imports of flax; hackled or otherwise processed, but not spuns declined rapidly to $1.9K in 2022. In general, imports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 when imports increased by 158% against the previous year.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A2.23.01.6-14.7%
Turkey1.20.80.50.3-37.0%
OthersN/AN/AN/AN/A0%
Total1.23.03.51.916.6%

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Azerbaijan in 2022:

  1. Turkey (37.0 kg)
  2. Italy (5.0 kg)

Source: IndexBox Market Intelligence Platform

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