Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador - 2022

Contents:

  1. Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador (CIF) - 2022
  2. Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador

Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador (CIF) - 2022

In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $2,636 per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices attained the peak figure at $18,778 per ton in 2015; however, from 2016 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -15.1% per year.

Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador

In 2022, approx. 6.4 tons of flax; hackled or otherwise processed, but not spuns were imported into Ecuador; increasing by 20% compared with the previous year. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,563% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of flax; hackled or otherwise processed, but not spuns surged to $17K in 2022. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 873%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.87.414.016.8175.9%
TurkeyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.87.414.016.8175.9%

Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Ecuador in 2022:

  1. Italy (6.4 tons)

Source: IndexBox Market Intelligence Platform

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