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

Contents:

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

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

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $11,031 per ton, jumping by 109% against the previous year. In general, the import price posted a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($101,741 per ton), while the price for China stood at $4,228 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%).

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

In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns decreased by -88% to 387 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 5,574%.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced dramatically to $4.3K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 6,836% against the previous year.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A0.54.52.7132.4%
China0.17.912.61.5146.6%
OthersN/A0.2N/AN/A0%
Total0.18.617.14.3250.3%

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

  1. China (360.0 kg)
  2. Italy (27.0 kg)

Source: IndexBox Market Intelligence Platform

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