Price for Yarn; of Flax, Single in Ireland - 2023

Contents:

1. Price for Yarn; of Flax, Single in Ireland (CIF) - 2022
2. Imports of Yarn; of Flax, Single in Ireland

Price for Yarn; of Flax, Single in Ireland (CIF) - 2022

The average yarn; of flax, single import price stood at $16,137 per ton in 2022, approximately mirroring the previous year. In general, the import price showed moderate growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 85% against the previous year. Over the period under review, average import prices hit record highs at $18,228 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($28,448 per ton), while the price for the UK ($11,835 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Yarn; of Flax, Single in Ireland

For the third consecutive year, Ireland recorded decline in overseas purchases of yarn; of flax, singles, which decreased by 0% to 12 tons in 2022. Over the period under review, imports saw a prominent increase. The smallest decline of -13.5% was in 2020. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, yarn; of flax, single imports stood at $188K in 2022. Overall, imports showed a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Top Suppliers of Yarn; of Flax, Single to Ireland in 2022:

1. Italy (6.0 tons)
2. United Kingdom (3.9 tons)
3. France (1.7 tons)

Source: IndexBox Market Intelligence Platform