Price for Flax; Broken or Scutched, But Not Spun in Bangladesh - 2022
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Bangladesh (CIF) - 2022
- Imports of Flax; Broken or Scutched, But Not Spun in Bangladesh
Price for Flax; Broken or Scutched, But Not Spun in Bangladesh (CIF) - 2022
The average import price for flax; broken or scutched, but not spuns stood at $4,838 per ton in 2022, jumping by 26% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by 58% against the previous year. Over the period under review, average import prices attained the peak figure at $5,174 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($4,886 per ton), while the price for France stood at $4,673 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%).
Imports of Flax; Broken or Scutched, But Not Spun in Bangladesh
Imports of flax; broken or scutched, but not spuns into Bangladesh declined to 1.2K tons in 2022, dropping by -8.6% compared with 2021 figures. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 293% against the previous year. As a result, imports reached the peak of 1.3K tons, and then declined in the following year.
In value terms, imports of flax; broken or scutched, but not spuns soared to $5.9M in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 361%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Flax; Broken or Scutched, But Not Spun in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 0.7 | 0.5 | 3.5 | 4.6 | 87.3% |
| France | 1.0 | 0.6 | 1.6 | 1.3 | 9.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.1 | 5.1 | 5.9 | 48.5% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Bangladesh in 2022:
- Belgium (942.3 tons)
- France (274.5 tons)
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