Flax Yarn Price in Cameroon - 2022
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Flax Yarn Price in Cameroon (CIF) - 2022
The average flax yarn import price stood at $9,060 per ton in 2022, increasing by 73% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 98% against the previous year. Over the period under review, average import prices hit record highs at $22,736 per ton in 2014; however, from 2015 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 France ($29,764 per ton), while the price for China stood at $3,853 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.5%), while the prices for the other major suppliers experienced a decline.
Flax Yarn Imports in Cameroon
In 2022, imports of flax yarns into Cameroon expanded slightly to 632 kg, with an increase of 1.9% against the previous year. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 12,300% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, flax yarn imports soared to $5.7K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 4,342% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
Import of Flax Yarn in Cameroon (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 0.8 | 0.1 | 1.3 | 3.8 | 68.1% |
China | 0.1 | N/A | 0.7 | 1.9 | 166.8% |
Germany | 0.4 | N/A | N/A | N/A | 0% |
Turkey | N/A | N/A | 1.3 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.2 | 0.1 | 3.2 | 5.7 | 68.1% |
Top Suppliers of Flax Yarn to Cameroon in 2022:
- China (505.0 kg)
- France (127.0 kg)
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