Flax Yarn Price in Nepal - 2022

Flax Yarn Price in Nepal (CIF) - 2022

The average flax yarn import price stood at $7,414 per ton in 2022, picking up by 18% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The pace of growth was the most pronounced in 2014 an increase of 63%. Over the period under review, average import prices hit record highs at $8,946 per ton in 2012; however, from 2013 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 China ($30,450 per ton), while the price for India stood at $7,393 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.8%).

Flax Yarn Imports in Nepal

In 2022, imports of flax yarns into Nepal soared to 68 tons, with an increase of 68% on 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn imports soared to $506K in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.