Price for Yarn; of Flax, Multiple (Folded) or Cabled in Algeria - 2022

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Algeria (CIF) - 2022

In 2022, the average import price for yarn; of flax, multiple (folded) or cableds amounted to $11,201 per ton, surging by 28% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 49%. Over the period under review, average import prices attained the maximum at $14,194 per ton in 2013; however, from 2014 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 China ($17,234 per ton), while the price for Turkey amounted to $8,734 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.1%).

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Algeria

For the fourth consecutive year, Algeria recorded growth in overseas purchases of yarn; of flax, multiple (folded) or cableds, which increased by 36% to 753 kg in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 82% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn; of flax, multiple (folded) or cableds soared to $8.4K in 2022. Overall, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 74% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.