Price for Flax; Broken or Scutched, But Not Spun in Romania - 2023

Contents:

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

Price for Flax; Broken or Scutched, But Not Spun in Romania (CIF) - 2022

The average import price for flax; broken or scutched, but not spuns stood at $2,030 per ton in 2022, with a decrease of -5.3% against the previous year. Overall, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flax; broken or scutched, but not spuns decreased by -20.0% against 2020 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 50% against the previous year. The import price peaked at $2,538 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +38.6% per year.

Price for Flax; Broken or Scutched, But Not Spun in Romania (FOB) - 2022

In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $15,000 per ton, reducing by -35.7% against the previous year. Overall, the export price, however, enjoyed significant growth. The export price peaked at $23,333 per ton in 2021, and then reduced rapidly in the following year.

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

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -35.7% per year.

Imports of Flax; Broken or Scutched, But Not Spun in Romania

In 2022, purchases abroad of flax; broken or scutched, but not spuns decreased by -40.1% to 44 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 80%. As a result, imports attained the peak of 81 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of flax; broken or scutched, but not spuns reduced remarkably to $90K in 2022. Overall, imports continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2020 when imports increased by 102%. As a result, imports attained the peak of $206K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Flax; Broken or Scutched, But Not Spun to Romania in 2022:

1. Belgium (44.2 tons)

Exports of Flax; Broken or Scutched, But Not Spun in Romania

In 2022, approx. 1 kg of flax; broken or scutched, but not spuns were exported from Romania; which is down by -66.7% compared with 2021 figures. Over the period under review, exports continue to indicate a sharp downturn.

In value terms, exports of flax; broken or scutched, but not spuns shrank remarkably to $15 in 2022. Overall, exports continue to indicate a sharp downturn.

Top Export Markets for Flax; Broken or Scutched, But Not Spun from Romania in 2022:

1. Netherlands (1.0 kg)

Source: IndexBox Market Intelligence Platform