Price for Yarn; of Flax, Single in Indonesia - 2022

Contents:

  1. Price for Yarn; of Flax, Single in Indonesia (CIF) - 2022
  2. Price for Yarn; of Flax, Single in Indonesia (FOB) - 2022
  3. Imports of Yarn; of Flax, Single in Indonesia
  4. Exports of Yarn; of Flax, Single in Indonesia

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

In 2022, the average yarn; of flax, single import price amounted to $6,755 per ton, reducing by -18.7% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20% against the previous year. The import price peaked at $12,296 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($46,188 per ton), while the price for India ($4,346 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.3%), while the prices for the other major suppliers experienced a decline.

Price for Yarn; of Flax, Single in Indonesia (FOB) - 2022

The average yarn; of flax, single export price stood at $3,785 per ton in 2022, rising by 1.5% against the previous year. In general, the export price, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2014 an increase of 49%. As a result, the export price reached the peak level of $9,132 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($4,371 per ton), while the average price for exports to South Korea stood at $3,180 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+4.9%).

Imports of Yarn; of Flax, Single in Indonesia

In 2022, overseas purchases of yarn; of flax, singles were finally on the rise to reach 17 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a sharp decline.

In value terms, yarn; of flax, single imports soared to $113K in 2022. Overall, imports, however, faced a precipitous shrinkage.

Import of Yarn; of Flax, Single in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea32.215.514.255.720.0%
China15446.82.334.5-39.3%
India10390.08.719.2-42.9%
Hong Kong SAR20.37.90.61.2-61.0%
Others26.338.60.82.1-56.9%
Total33619926.6113-30.5%

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

  1. South Korea (7.1 tons)
  2. China (4.9 tons)
  3. India (4.4 tons)
  4. Hong Kong SAR (0.2 tons)

Exports of Yarn; of Flax, Single in Indonesia

Yarn; of flax, single exports from Indonesia skyrocketed to 4.4 tons in 2022, growing by 1,422% against 2021. Over the period under review, exports, however, continue to indicate a sharp setback.

In value terms, yarn; of flax, single exports soared to $17K in 2022. In general, exports, however, faced a abrupt shrinkage.

Export of Yarn; of Flax, Single in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5.319.20.79.822.7%
South Korea5.713.00.46.96.6%
Bangladesh18.3N/AN/AN/A0%
OthersN/A0.1N/AN/A0%
Total29.432.31.116.7-17.2%

Top Export Markets for Yarn; of Flax, Single from Indonesia in 2022:

  1. South Korea (2.2 tons)
  2. Italy (2.2 tons)

Source: IndexBox Market Intelligence Platform

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