Price for Flax; Broken or Scutched, But Not Spun in Morocco - 2022
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Morocco (CIF) - 2022
- Imports of Flax; Broken or Scutched, But Not Spun in Morocco
Price for Flax; Broken or Scutched, But Not Spun in Morocco (CIF) - 2022
In 2022, the average import price for flax; broken or scutched, but not spuns amounted to $2,185 per ton, falling by -4.7% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flax; broken or scutched, but not spuns increased by +14.7% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 35% against the previous year. Over the period under review, average import prices reached the peak figure at $2,292 per ton in 2021, and then dropped modestly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +7.5% per year.
Imports of Flax; Broken or Scutched, But Not Spun in Morocco
In 2022, supplies from abroad of flax; broken or scutched, but not spuns decreased by -7.2% to 11 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 100% against the previous year.
In value terms, imports of flax; broken or scutched, but not spuns contracted to $24K in 2022. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 96%.
| Import of Flax; Broken or Scutched, But Not Spun in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 10.7 | 20.9 | 2.6 | 24.0 | 30.9% |
| France | N/A | N/A | 24.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.7 | 20.9 | 27.1 | 24.0 | 30.9% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Morocco in 2022:
- Egypt (11.0 tons)
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