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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $3,284 per ton, rising by 4.8% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,563 per ton), while the price for Belarus ($1,633 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $3,000 per ton in 2022, falling by -57.1% against the previous year. In general, the export price recorded a slight contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 77% against the previous year. The export price peaked at $7,000 per ton in 2021, and then reduced markedly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -3.9% per year.

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

For the third consecutive year, Romania recorded decline in overseas purchases of flax; hackled or otherwise processed, but not spuns, which decreased by -66.2% to 69 tons in 2022. Overall, imports recorded a precipitous slump. The smallest decline of -12.5% was in 2020.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced notably to $226K in 2022. Over the period under review, imports saw a significant decline. The smallest decline of -2.1% was in 2020.

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

1. Belarus (30.4 tons)
2. Egypt (28.7 tons)
3. Italy (4.6 tons)
4. Germany (4.3 tons)

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

In 2022, overseas shipments of flax; hackled or otherwise processed, but not spuns decreased by 0% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp decrease. The growth pace was the most rapid in 2020 with an increase of 1,500%. As a result, the exports attained the peak of 128 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of flax; hackled or otherwise processed, but not spuns dropped significantly to $3 in 2022. In general, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 with an increase of 1,750%. As a result, the exports reached the peak of $777. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Hungary (1.0 kg)

Source: IndexBox Market Intelligence Platform