Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (CIF) - 2022
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (FOB) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia
- Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $6,644 per ton, shrinking by -23.4% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 215%. The import price peaked at $18,231 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($15,048 per ton), while the price for China ($2,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+5.2%).
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (FOB) - 2022
The average export price for flax; hackled or otherwise processed, but not spuns stood at $6,636 per ton in 2022, which is down by -26.3% against the previous year. In general, the export price, however, recorded a resilient increase. The export price peaked at $9,000 per ton in 2021, and then declined rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Slovenia.
From 2016 to 2022, the rate of growth in terms of prices for Slovenia amounted to 0.0% per year.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia
In 2022, supplies from abroad of flax; hackled or otherwise processed, but not spuns was finally on the rise to reach 1.5 tons after two years of decline. Overall, imports, however, continue to indicate a deep slump.
In value terms, imports of flax; hackled or otherwise processed, but not spuns rose notably to $10K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +28.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +110.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 59%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | 4.6 | 5.9 | 7.0 | 23.4% |
| Egypt | 0.3 | 2.7 | 3.0 | 3.2 | 120.1% |
| China | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| United Arab Emirates | 4.5 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 4.9 | 7.8 | 9.0 | 10.3 | 28.1% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Ethiopia in 2022:
- Egypt (1018.0 kg)
- Italy (462.0 kg)
- China (57.0 kg)
Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia
In 2022, the amount of flax; hackled or otherwise processed, but not spuns exported from Ethiopia skyrocketed to 599 kg, with an increase of 9,883% on the previous year's figure. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of flax; hackled or otherwise processed, but not spuns soared to $4K in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Flax; Hackled or Otherwise Processed, But Not Spun in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Slovenia | N/A | 4.0 | 0% | ||
| Others | 0.1 | N/A | 0% | ||
| Total | 0.1 | 4.0 | 3900.0% | ||
Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Ethiopia in 2022:
- Slovenia (595.0 kg)
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