Price for Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $2,109 per ton, which is down by -19.8% against the previous year. Over the period under review, the import price showed a perceptible setback. The pace of growth was the most pronounced in 2014 an increase of 76%. Over the period under review, average import prices attained the maximum at $6,051 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($2,990 per ton), while the price for the United Arab Emirates stood at $215 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.8%).
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka
In 2022, the amount of flax; hackled or otherwise processed, but not spuns imported into Sri Lanka surged to 26 tons, jumping by 65% on the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 229% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of flax; hackled or otherwise processed, but not spuns surged to $55K in 2022. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 174% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 10.3 | 28.2 | 41.4 | 52.8 | 72.4% |
| United Arab Emirates | N/A | N/A | N/A | 1.8 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.3 | 28.2 | 41.4 | 54.6 | 74.4% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Sri Lanka in 2022:
- Italy (17.7 tons)
- United Arab Emirates (8.2 tons)
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