Flax Yarn Price in Sudan - 2022

Flax Yarn Price in Sudan (CIF) - 2022

The average flax yarn import price stood at $20,544 per ton in 2022, surging by 70% against the previous year. Over the period under review, the import price saw modest growth. Over the period under review, average import prices hit record highs at $22,651 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +1.5% per year.

Flax Yarn Imports in Sudan

In 2022, flax yarn imports into Sudan reduced rapidly to 2.4 tons, shrinking by -20% against 2021. In general, imports faced a abrupt decline. The smallest decline of -10.6% was in 2020.

In value terms, flax yarn imports surged to $48K in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.