Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan - 2022

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan (CIF) - 2022
  2. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan (FOB) - 2022
  3. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan
  4. Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $2,568 per ton, with a decrease of -32.1% against the previous year. Overall, the import price recorded a slight reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by 33% against the previous year. Over the period under review, average import prices reached the peak figure at $4,634 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,929 per ton), while the price for Russia ($1,616 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for flax; hackled or otherwise processed, but not spuns amounted to $6,756 per ton, jumping by 50% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flax; hackled or otherwise processed, but not spuns increased by +96.5% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 56%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($6,762 per ton), while the average price for exports to Russia amounted to $6,755 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+2.7%).

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

After three years of growth, supplies from abroad of flax; hackled or otherwise processed, but not spuns decreased by -22.6% to 25 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 53%.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced notably to $65K in 2022. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of $132K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt20.971.473.331.815.0%
Russia32.150.140.826.1-6.7%
Turkey12.02.60.90.4-67.8%
Others5.27.78.06.47.2%
Total70.213212364.7-2.7%

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

  1. Russia (16.1 tons)
  2. Egypt (8.8 tons)
  3. Turkey (0.1 tons)

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan

In 2022, approx. 242 kg of flax; hackled or otherwise processed, but not spuns were exported from Kazakhstan; with an increase of 591% compared with 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of flax; hackled or otherwise processed, but not spuns soared to $1.6K in 2022. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flax; Hackled or Otherwise Processed, But Not Spun in Kazakhstan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia2131931521,35185.1%
Kyrgyzstan22.03.04.0284134.6%
OthersN/AN/A2.0N/A0%
Total2351961581,63590.9%

Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Kazakhstan in 2022:

  1. Russia (200.0 kg)
  2. Kyrgyzstan (42.0 kg)

Source: IndexBox Market Intelligence Platform

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