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

Contents:

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

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $1,192 per ton in 2022, declining by -14.8% against the previous year. Overall, the import price showed a abrupt decrease. Over the period under review, average import prices attained the maximum at $2,589 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5,000 per ton), while the price for India totaled $1,040 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Kenya expanded modestly to 26 kg, surging by 4% compared with 2021 figures. The total import volume increased at an average annual rate of +4.0% from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced to $31 in 2022. Overall, imports, however, faced a deep reduction.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Kenya (USD)
COUNTRY20212022CAGR,
2021-2022
IndiaN/A26.00%
United StatesN/A5.00%
Turkey35.0N/A0%
OthersN/AN/A0%
Total35.031.0-11.4%

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

  1. India (25.0 kg)
  2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform

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