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

Contents:

1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Nepal (CIF) - 2022
2. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Nepal (FOB) - 2022
3. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Nepal
4. Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Nepal

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $2,621 per ton, reducing by -59.1% against the previous year. In general, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 508%. As a result, import price attained the peak level of $22,843 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($12,691 per ton), while the price for India stood at $252 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-10.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for flax; hackled or otherwise processed, but not spuns stood at $13,207 per ton in 2022, flattening at the previous year. In general, the export price showed moderate growth. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked at $23,940 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2013 to 2022, the rate of growth in terms of prices for Norway amounted to +13.3% per year.

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

In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns increased by 894% to 646 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a prominent expansion. As a result, imports attained 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 soared to $1.7K in 2022. In general, imports, however, saw a mild descent.

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

1. India (523.0 kg)
2. Italy (123.0 kg)

Exports of Flax; Hackled or Otherwise Processed, But Not Spun in Nepal

In 2022, approx. 29 kg of flax; hackled or otherwise processed, but not spuns were exported from Nepal; leveling off at the year before. Over the period under review, exports showed a dramatic contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of flax; hackled or otherwise processed, but not spuns amounted to $383 in 2022. In general, exports recorded a sharp decrease. The smallest decline of 99.9% was in 2021.

Top Export Markets for Flax; Hackled or Otherwise Processed, But Not Spun from Nepal in 2022:

1. India (29.0 kg)

Source: IndexBox Market Intelligence Platform