Price for Flax; Broken or Scutched, But Not Spun in the Philippines - 2022
Contents:
- Price for Flax; Broken or Scutched, But Not Spun in the Philippines (CIF) - 2022
- Imports of Flax; Broken or Scutched, But Not Spun in the Philippines
Price for Flax; Broken or Scutched, But Not Spun in the Philippines (CIF) - 2022
The average import price for flax; broken or scutched, but not spuns stood at $7,167 per ton in 2022, reducing by -16.7% against the previous year. Overall, the import price, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2020 an increase of 81% against the previous year. As a result, import price attained the peak level of $13,207 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for Thailand amounted to +10.1% per year.
Imports of Flax; Broken or Scutched, But Not Spun in the Philippines
In 2022, supplies from abroad of flax; broken or scutched, but not spuns was finally on the rise to reach 6 kg after two years of decline. Overall, imports, however, continue to indicate a dramatic contraction.
In value terms, imports of flax; broken or scutched, but not spuns amounted to $43 in 2022. In general, imports, however, saw a sharp decline. The smallest decline of -64.4% was in 2020.
| Import of Flax; Broken or Scutched, But Not Spun in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 440 | 275 | 6.0 | 43.0 | -53.9% |
| Thailand | 637 | 108 | 37.0 | N/A | -75.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,077 | 383 | 43.0 | 43.0 | -65.8% |
Top Suppliers of Flax; Broken or Scutched, But Not Spun to the Philippines in 2022:
- Japan (6.0 kg)
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