Price for Flax; Broken or Scutched, But Not Spun in Egypt - 2023
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in Egypt (FOB) - 2022
- Price for Flax; Broken or Scutched, But Not Spun in Egypt (CIF) - 2022
- Exports of Flax; Broken or Scutched, But Not Spun in Egypt
- Imports of Flax; Broken or Scutched, But Not Spun in Egypt
Price for Flax; Broken or Scutched, But Not Spun in Egypt (FOB) - 2022
In 2022, the average export price for flax; broken or scutched, but not spuns amounted to $3,949 per ton, growing by 18% against the previous year. Overall, the export price recorded measured growth. The pace of growth was the most pronounced in 2015 an increase of 57%. The export price peaked in 2022 and is likely to continue growth in years to come.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,949 per ton), while the average price for exports to China totaled $3,949 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flax; Broken or Scutched, But Not Spun in Egypt (CIF) - 2022
In 2022, the average import price for flax; broken or scutched, but not spuns amounted to $5,075 per ton, growing by 62% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +40.2% per year.
Exports of Flax; Broken or Scutched, But Not Spun in Egypt
In 2022, the amount of flax; broken or scutched, but not spuns exported from Egypt declined modestly to 230 tons, which is down by -2% on the previous year. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 57,274% against the previous year.
In value terms, exports of flax; broken or scutched, but not spuns surged to $909K in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 62,495% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Flax; Broken or Scutched, But Not Spun in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 779 | N/A | 711 | 761 | -0.8% |
| Belgium | 68.0 | N/A | 45.5 | 130 | 24.1% |
| Others | 40.8 | 1.3 | 30.1 | 17.2 | -25.0% |
| Total | 887 | 1.3 | 786 | 909 | 0.8% |
Top Export Markets for Flax; Broken or Scutched, But Not Spun from Egypt in 2022:
- China (192.7 tons)
- Belgium (33.0 tons)
Imports of Flax; Broken or Scutched, But Not Spun in Egypt
For the third year in a row, Egypt recorded decline in purchases abroad of flax; broken or scutched, but not spuns, which decreased by -17.2% to 61 tons in 2022. Over the period under review, imports saw a significant curtailment.
In value terms, imports of flax; broken or scutched, but not spuns surged to $308K in 2022. In general, imports showed a sharp curtailment.
| Import of Flax; Broken or Scutched, But Not Spun in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,135 | 806 | 230 | 308 | -35.3% |
| Lithuania | 238 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,373 | 806 | 230 | 308 | -39.2% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to Egypt in 2022:
- Belgium (60.7 tons)
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