Price for Flax; Hackled or Otherwise Processed, But Not Spun in Algeria - 2022

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Algeria (CIF) - 2022
  2. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Algeria

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Algeria (CIF) - 2022

The average import price for flax; hackled or otherwise processed, but not spuns stood at $3,062 per ton in 2022, with a decrease of -2.1% against the previous year. In general, the import price, however, showed buoyant growth. The growth pace was the most rapid in 2016 an increase of 173%. As a result, import price reached the peak level of $5,848 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 China amounted to +64.6% per year.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Algeria

In 2022, imports of flax; hackled or otherwise processed, but not spuns into Algeria soared to 25 tons, picking up by 98% against 2021 figures. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 2,124% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $78K in 2022. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,520%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt0.41.140.177.9479.6%
Others0.61.40.10.1-45.0%
Total1.02.540.278.0327.3%

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Algeria in 2022:

  1. Egypt (25.4 tons)

Source: IndexBox Market Intelligence Platform

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