Price for Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland - 2024

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland (CIF) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland (FOB) - 2024
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland

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

The average import price for yarn; of flax, multiple (folded) or cableds stood at $30,070 per ton in 2022, jumping by 46% against the previous year. Over the period under review, the import price continues to indicate a noticeable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,976 per ton), while the price for Egypt ($9,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Switzerland (FOB) - 2024

The average export price for yarn; of flax, multiple (folded) or cableds stood at $34,803 per ton in March 2024, dropping by -25.3% against the previous month. Over the period under review, the export price, however, continues to indicate a modest increase. The pace of growth was the most pronounced in June 2023 when the average export price increased by 77% m-o-m. As a result, the export price attained the peak level of $60,932 per ton. From July 2023 to March 2024, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Russia ($49,736 per ton), while the average price for exports to France ($28,475 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yarn; of flax, multiple (folded) or cableds imported into Switzerland soared to 18 tons, increasing by 34% against 2021 figures. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of flax, multiple (folded) or cableds soared to $535K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (11.2 tons)
2. Germany (1.6 tons)
3. Tunisia (1.4 tons)
4. Belgium (1.0 tons)
5. China (0.9 tons)
6. Hungary (0.6 tons)
7. Egypt (0.4 tons)

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

In 2022, approx. 9.5 tons of yarn; of flax, multiple (folded) or cableds were exported from Switzerland; jumping by 585% against the previous year. Overall, exports saw significant growth. As a result, the exports reached 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 $353K in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Germany (4.9 tons)
2. Italy (2.0 tons)
3. France (0.8 tons)
4. Russia (0.5 tons)
5. China (0.4 tons)
6. United States (0.3 tons)
7. Canada (0.2 tons)

Source: IndexBox Market Intelligence Platform