Flax Yarn Price in Kazakhstan - 2021

Contents:

1. Flax Yarn Price in Kazakhstan (CIF) - 2022
2. Flax Yarn Price in Kazakhstan (FOB) - 2022
3. Flax Yarn Imports in Kazakhstan
4. Flax Yarn Exports in Kazakhstan

Flax Yarn Price in Kazakhstan (CIF) - 2022

In 2022, the average flax yarn import price amounted to $6,964 per ton, growing by 113% against the previous year. In general, the import price enjoyed noticeable growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 426% against the previous year. As a result, import price reached the peak level of $11,638 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Lithuania amounted to +1.0% per year.

Flax Yarn Price in Kazakhstan (FOB) - 2022

In 2022, the average flax yarn export price amounted to $74,000 per ton, rising by 101% against the previous year. Over the period under review, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($172,000 per ton), while the average price for exports to Somalia totaled $25,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+27.7%).

Flax Yarn Imports in Kazakhstan

In 2022, after three years of growth, there was significant decline in overseas purchases of flax yarns, when their volume decreased by -96.3% to 478 kg. Over the period under review, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 426% against the previous year.

In value terms, flax yarn imports contracted remarkably to $3.3K in 2022. In general, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 with an increase of 350%. As a result, imports attained the peak of $46K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Flax Yarn to Kazakhstan in 2022:

1. Russia (475.0 kg)

Flax Yarn Exports in Kazakhstan

For the third consecutive year, Kazakhstan recorded decline in overseas shipments of flax yarns, which decreased by -40% to 3 kg in 2022. Over the period under review, exports recorded a sharp decline. The smallest decline of -33.3% was in 2020.

In value terms, flax yarn exports surged to $222 in 2022. The total export value increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flax Yarn from Kazakhstan in 2022:

1. Somalia (2.0 kg)
2. Greece (1.0 kg)

Source: IndexBox Market Intelligence Platform