Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka - 2022

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka (FOB) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka (CIF) - 2022
3. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka
4. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka (FOB) - 2022

In 2022, the average export price for yarn; of flax, multiple (folded) or cableds amounted to $27,319 per ton, surging by 4.8% against the previous year. Over the period under review, the export price recorded resilient growth. The pace of growth appeared the most rapid in 2018 an increase of 143%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $13,837 per ton in 2022, dropping by -44.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 38%. The import price peaked at $38,170 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 Italy ($44,514 per ton), while the price for China ($6,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.5%), while the prices for the other major suppliers experienced a decline.

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka

Exports of yarn; of flax, multiple (folded) or cableds from Sri Lanka surged to 379 kg in 2022, jumping by 81% compared with the previous year's figure. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn; of flax, multiple (folded) or cableds skyrocketed to $10K in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Sri Lanka in 2022:

1. Jordan (379.0 kg)

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Sri Lanka

Imports of yarn; of flax, multiple (folded) or cableds into Sri Lanka surged to 404 kg in 2022, jumping by 199% compared with the previous year's figure. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds surged to $5.6K in 2022. Overall, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Sri Lanka in 2022:

1. China (309.0 kg)
2. Switzerland (60.0 kg)
3. Italy (35.0 kg)

Source: IndexBox Market Intelligence Platform