Flax Yarn Price in Ecuador - 2022
Contents:
Flax Yarn Price in Ecuador (CIF) - 2022
The average flax yarn import price stood at $4,609 per ton in 2022, dropping by -56.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 177%. As a result, import price reached the peak level of $13,774 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -6.5% per year.
Flax Yarn Imports in Ecuador
In 2022, the amount of flax yarns imported into Ecuador skyrocketed to 661 kg, jumping by 132% on the previous year. Over the period under review, imports enjoyed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, flax yarn imports amounted to $3K in 2022. In general, imports, however, saw a relatively flat trend pattern.
| Import of Flax Yarn in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 3.0 | 1.2 | 3.0 | -1.1% |
| China | N/A | N/A | 1.8 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 3.1 | 3.0 | 3.0 | 3.0 | -1.1% |
Top Suppliers of Flax Yarn to Ecuador in 2022:
- United States (661.0 kg)
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