Price for Flax; Hackled or Otherwise Processed, But Not Spun in Angola - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Angola (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Angola
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Angola (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $5,922 per ton, growing by 16% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 30% against the previous year. Over the period under review, average import prices hit record highs at $7,338 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22,057 per ton), while the price for China ($2,738 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Angola
For the fourth year in a row, Angola recorded growth in purchases abroad of flax; hackled or otherwise processed, but not spuns, which increased by 17% to 1 tons in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of flax; hackled or otherwise processed, but not spuns skyrocketed to $6.1K in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 78%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 3.7 | 0% |
| Portugal | 0.3 | 0.4 | 0.9 | 1.1 | 54.2% |
| Italy | 0.7 | 0.9 | 1.6 | 0.8 | 4.6% |
| China | 0.7 | 0.7 | 1.2 | 0.4 | -17.0% |
| Others | 0.4 | 0.5 | 0.7 | 0.1 | -37.0% |
| Total | 2.0 | 2.5 | 4.5 | 6.1 | 45.0% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Angola in 2022:
- Spain (447.0 kg)
- Portugal (384.0 kg)
- China (145.0 kg)
- Italy (35.0 kg)
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