Price for Yarn; of Flax, Single in Sri Lanka - 2022

Contents:

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

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

In 2022, the average yarn; of flax, single import price amounted to $10,560 per ton, reducing by -6% against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yarn; of flax, single import price increased by +14.7% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 53%. Over the period under review, average import prices hit record highs at $11,290 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +29.6% per year.

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

In 2022, the average yarn; of flax, single export price amounted to $2,315 per ton, remaining constant against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 40% against the previous year. The export price peaked at $6,297 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.6% per year.

Imports of Yarn; of Flax, Single in Sri Lanka

In 2022, approx. 312 kg of yarn; of flax, singles were imported into Sri Lanka; surging by 11% against 2021 figures. Overall, imports, however, showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 88%.

In value terms, yarn; of flax, single imports stood at $3.3K in 2022. In general, imports, however, continue to indicate a significant decline. The growth pace was the most rapid in 2021 with an increase of 129%.

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

1. India (312.0 kg)

Exports of Yarn; of Flax, Single in Sri Lanka

In 2022, after two years of decline, there was significant decline in shipments abroad of yarn; of flax, singles, when their volume decreased by -22.9% to 2.7 tons. Overall, exports, however, continue to indicate significant growth.

In value terms, yarn; of flax, single exports shrank dramatically to $6.3K in 2022. Over the period under review, exports, however, posted significant growth.

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

1. Belgium (1.4 tons)

Source: IndexBox Market Intelligence Platform