Africa: Market for Flax, Tow And Waste 2022

Market Size for Flax, Tow And Waste in Africa

The African flax, tow and waste market was estimated at $X in 2021, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a buoyant increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Flax, Tow And Waste in Africa

In value terms, flax, tow and waste production stood at $X in 2021 estimated in export price. The total production indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Egypt (X tons) remains the largest flax, tow and waste producing country in Africa, comprising approx. X% of total volume. It was followed by Tunisia (X tons), with less than X% share of total production.

From 2012 to 2021, the average annual growth rate of volume in Egypt totaled +X%.

Exports of Flax, Tow And Waste

Exports in Africa

In 2021, the amount of flax, tow and waste exported in Africa soared to X tons, increasing by X% on 2020 figures. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, flax, tow and waste exports surged to $X in 2021. Overall, exports, however, recorded a abrupt decline. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Egypt was the main exporter of flax, tow and waste in Africa, with the volume of exports resulting at X tons, which was near X% of total exports in 2021. Tunisia (X tons) held the second position in the ranking, distantly followed by Tanzania (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to flax, tow and waste exports from Egypt stood at -X%. At the same time, Tanzania (+X%) displayed positive paces of growth. Moreover, Tanzania emerged as the fastest-growing exporter exported in Africa, with a CAGR of +X% from 2012-2021. By contrast, Tunisia (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Tunisia and Tanzania increased by +X and less than X percentage points, respectively.

In value terms, Egypt ($X) emerged as the largest flax, tow and waste supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Tunisia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Egypt totaled -X%. In the other countries, the average annual rates were as follows: Tunisia (-X% per year) and Tanzania (+X% per year).

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Egypt ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tanzania (+X%), while the other leaders experienced more modest paces of growth.

Imports of Flax, Tow And Waste

Imports in Africa

In 2021, supplies from abroad of flax, tow and waste decreased by less than X% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then fell modestly in the following year.

In value terms, flax, tow and waste imports declined dramatically to $X in 2021. In general, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then fell sharply in the following year.

Imports by Country

In 2021, Nigeria (X tons) represented the key importer of flax, tow and waste, constituting X% of total imports. It was distantly followed by Egypt (X tons), Cameroon (X tons) and Morocco (X tons), together creating a X% share of total imports. Congo (X tons) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to flax, tow and waste imports into Nigeria stood at +X%. At the same time, Congo (+X%), Cameroon (+X%), Morocco (+X%) and Egypt (+X%) displayed positive paces of growth. Moreover, Congo emerged as the fastest-growing importer imported in Africa, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Nigeria, Cameroon and Congo increased by +X, +X and less than X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported flax, tow and waste in Africa, comprising X% of total imports. The second position in the ranking was held by Egypt ($X), with a X% share of total imports. It was followed by Cameroon, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Nigeria totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Cameroon (+X% per year).

Import Prices by Country

In 2021, the import price in Africa amounted to $X per ton, which is down by -X% against the previous year. In general, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. Over the period under review, import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Nigeria ($X per ton), while Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :