Price for Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines - 2023
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines
Price for Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $97,922 per ton in 2022, rising by 14% against the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 2,475% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Italy.
From 2013 to 2022, the rate of growth in terms of prices for India amounted to +42.5% per year.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines
In 2022, imports of flax; hackled or otherwise processed, but not spuns into the Philippines expanded markedly to 950 kg, increasing by 13% against the year before. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 331%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, imports of flax; hackled or otherwise processed, but not spuns soared to $93K in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 358% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 24.2 | 15.9 | 72.6 | 93.0 | 56.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 24.2 | 15.9 | 72.6 | 93.0 | 56.6% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to the Philippines in 2022:
- Italy (950.0 kg)
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