Flax Yarn Price in Saudi Arabia - 2021

Flax Yarn Price in Saudi Arabia (FOB) - 2022

In 2021, the average flax yarn export price amounted to $8,131 per ton, dropping by -7.6% against the previous year. Overall, the export price showed a deep contraction. Over the period under review, the average export prices hit record highs at $28,000 per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Egypt ($72,652 per ton), while the average price for exports to the United Arab Emirates totaled $6,840 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-24.6%).

Flax Yarn Exports in Saudi Arabia

In 2021, the amount of flax yarns exported from Saudi Arabia skyrocketed to 1.7 tons, growing by 1,036% on the previous year. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flax yarn exports surged to $14K in 2021. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.