Flax Yarn Price in Guatemala - 2023
Contents:
Flax Yarn Price in Guatemala (CIF) - 2022
In 2022, the average flax yarn import price amounted to $12,437 per ton, which is down by -8.2% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth appeared the most rapid in 2017 an increase of 26% against the previous year. The import price peaked at $19,424 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.2% per year.
Flax Yarn Imports in Guatemala
For the fourth consecutive year, Guatemala recorded growth in purchases abroad of flax yarns, which increased by 37% to 7.5 tons in 2022. Over the period under review, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, flax yarn imports skyrocketed to $93K in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 107%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Flax Yarn in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 33.0 | 19.1 | 39.8 | 93.0 | 41.3% |
| Others | 17.6 | 16.5 | 34.0 | N/A | 39.0% |
| Total | 50.6 | 35.7 | 73.8 | 93.0 | 22.5% |
Top Suppliers of Flax Yarn to Guatemala in 2022:
- Belgium (7.5 tons)
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