Price for Yarn; of Flax, Single in Morocco - 2022
Contents:
- Price for Yarn; of Flax, Single in Morocco (CIF) - 2022
- Price for Yarn; of Flax, Single in Morocco (FOB) - 2022
- Imports of Yarn; of Flax, Single in Morocco
- Exports of Yarn; of Flax, Single in Morocco
Price for Yarn; of Flax, Single in Morocco (CIF) - 2022
The average yarn; of flax, single import price stood at $25,515 per ton in 2022, approximately mirroring the previous year. Overall, the import price showed a resilient increase. The growth pace was the most rapid in 2019 when the average import price increased by 62%. The import price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($30,470 per ton), while the price for France ($25,274 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yarn; of Flax, Single in Morocco (FOB) - 2022
In 2022, the average yarn; of flax, single export price amounted to $5,243 per ton, waning by -5% against the previous year. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 36% against the previous year. The export price peaked at $9,990 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +24.1% per year.
Imports of Yarn; of Flax, Single in Morocco
In 2022, the amount of yarn; of flax, singles imported into Morocco skyrocketed to 1.2 tons, picking up by 406% against 2021. In general, imports saw a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, yarn; of flax, single imports skyrocketed to $30K in 2022. Overall, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yarn; of Flax, Single in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.5 | 0.1 | 0.4 | 27.3 | 279.4% |
| Italy | 1.9 | N/A | 0.1 | 1.5 | -7.6% |
| Lithuania | N/A | N/A | N/A | 1.0 | 0% |
| Spain | 7.3 | 0.8 | 0.7 | N/A | -69.0% |
| Belgium | 1.1 | 0.1 | 0.1 | N/A | -69.8% |
| China | 1.5 | 0.1 | 0.1 | N/A | -74.2% |
| Egypt | 3.4 | 0.4 | 0.5 | N/A | -61.7% |
| Others | 3.9 | 1.0 | 3.9 | N/A | 0.0% |
| Total | 19.6 | 2.6 | 5.8 | 29.8 | 15.0% |
Top Suppliers of Yarn; of Flax, Single to Morocco in 2022:
- France (1081.0 kg)
- Italy (50.0 kg)
- Lithuania (38.0 kg)
Exports of Yarn; of Flax, Single in Morocco
In 2022, the amount of yarn; of flax, singles exported from Morocco was estimated at 3.1 tons, picking up by 6.4% on 2021 figures. Over the period under review, exports, however, saw a perceptible contraction.
In value terms, yarn; of flax, single exports reached $16K in 2022. Overall, exports, however, saw a slight decline.
| Export of Yarn; of Flax, Single in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 8.3 | 6.3 | 16.2 | 16.4 | 25.5% |
| Canada | N/A | 10.3 | N/A | N/A | 0% |
| Others | 8.6 | N/A | N/A | N/A | 0% |
| Total | 16.9 | 16.5 | 16.2 | 16.4 | -1.0% |
Top Export Markets for Yarn; of Flax, Single from Morocco in 2022:
- France (3.1 tons)
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