Price for Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania - 2022

Contents:

1. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania (CIF) - 2022
2. Price for Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania (FOB) - 2022
3. Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania
4. Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania (CIF) - 2022

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $8,667 per ton, falling by -14% against the previous year. Over the period under review, the import price recorded a pronounced downturn. The growth pace was the most rapid in 2017 when the average import price increased by 106%. The import price peaked at $13,384 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($27,000 per ton), while the price for China amounted to $2,778 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%).

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania (FOB) - 2022

The average export price for yarn; of flax, multiple (folded) or cableds stood at $9,600 per ton in 2021, increasing by 2.3% against the previous year. Overall, the export price, however, recorded a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 10% against the previous year. As a result, the export price reached the peak level of $14,519 per ton. From 2020 to 2021, the average export prices failed to regain momentum.

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

From 2016 to 2021, the rate of growth in terms of prices for Mozambique amounted to +10.3% per year.

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania

Imports of yarn; of flax, multiple (folded) or cableds into Tanzania shrank sharply to 10 kg in 2022, declining by -44.4% against the year before. Overall, imports recorded a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 5.9%.

In value terms, imports of yarn; of flax, multiple (folded) or cableds shrank significantly to $52 in 2022. In general, imports continue to indicate a sharp shrinkage. The smallest decline of -34.4% was in 2020.

Top Suppliers of Yarn; of Flax, Multiple (Folded) or Cabled to Tanzania in 2022:

1. China (9.0 kg)
2. India (1.0 kg)

Exports of Yarn; of Flax, Multiple (Folded) or Cabled in Tanzania

In 2021, exports of yarn; of flax, multiple (folded) or cableds from Tanzania totaled 10 kg, remaining constant against 2020 figures. Over the period under review, exports faced a sharp downturn. The smallest decline of 99.9% was in 2020.

In value terms, exports of yarn; of flax, multiple (folded) or cableds amounted to $96 in 2021. In general, exports saw a sharp descent. The smallest decline of 99.9% was in 2020.

Top Export Markets for Yarn; of Flax, Multiple (Folded) or Cabled from Tanzania in 2022:

1. Burundi (10.0 kg)

Source: IndexBox Market Intelligence Platform