Price for Yarn; of Flax, Single in Ukraine - 2023

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

In 2022, the average yarn; of flax, single import price amounted to $15,976 per ton, surging by 163% against the previous year. Overall, the import price enjoyed significant growth. The pace of growth appeared the most rapid in 2021 an increase of 285% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +16.4% per year.

Imports of Yarn; of Flax, Single in Ukraine

In 2022, purchases abroad of yarn; of flax, singles decreased by -56.1% to 11 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 102%. As a result, imports attained the peak of 46 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, yarn; of flax, single imports skyrocketed to $170K in 2022. In general, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 102%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Yarn; of Flax, Single in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.2	4.5	40.6	170	847.3%
Belgium	8.9	27.7	16.3	N/A	35.3%
Poland	30.5	0.2	35.6	N/A	8.0%
Belarus	6.8	5.7	4.8	N/A	-16.0%
Others	43.1	35.0	49.8	N/A	7.5%
Total	89.5	72.9	147	170	23.8%