Price for Flax, Tow and Waste in Jordan - 2022
Contents:
Price for Flax, Tow and Waste in Jordan (CIF) - 2022
The average flax, tow and waste import price stood at $1,464 per ton in 2022, dropping by -2.1% against the previous year. Over the period under review, the import price, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 158% against the previous year. The import price peaked at $4,079 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Egypt amounted to +10.0% per year.
Imports of Flax, Tow and Waste in Jordan
In 2022, the amount of flax, tow and waste imported into Jordan skyrocketed to 23 tons, with an increase of 98% on the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 3,012%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, flax, tow and waste imports surged to $34K in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,511%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Flax, Tow and Waste in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 3.6 | 1.0 | 17.7 | 34.3 | 112.0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 3.6 | 1.1 | 17.7 | 34.3 | 112.0% |
Top Suppliers of Flax, Tow and Waste to Jordan in 2022:
- Egypt (23.4 tons)
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