Flax Yarn Price in Tanzania - 2022

Contents:

1. Flax Yarn Price in Tanzania (CIF) - 2022
2. Flax Yarn Imports in Tanzania

Flax Yarn Price in Tanzania (CIF) - 2022

The average flax yarn import price stood at $4,289 per ton in 2022, reducing by -9.4% against the previous year. Over the period under review, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 28% against the previous year. The import price peaked at $12,275 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China amounted to +13.2% per year.

Flax Yarn Imports in Tanzania

In 2022, flax yarn imports into Tanzania declined sharply to 76 kg, dropping by -69.6% compared with 2021. Overall, imports continue to indicate a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 94%. As a result, imports reached the peak of 250 kg, and then fell significantly in the following year.

In value terms, flax yarn imports declined notably to $326 in 2022. In general, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 95%. As a result, imports attained the peak of $1.2K, and then shrank significantly in the following year.

Top Suppliers of Flax Yarn to Tanzania in 2022:

1. India (76.0 kg)

Source: IndexBox Market Intelligence Platform