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

Contents:

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

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

The average import price for flax; hackled or otherwise processed, but not spuns stood at $5,602 per ton in 2022, surging by 64% against the previous year. In general, the import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 when the average import price increased by 205% against the previous year. Over the period under review, average import prices hit record highs at $15,695 per ton in 2019; however, from 2020 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 ($10,571 per ton), while the price for Egypt ($1,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (+19.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of flax; hackled or otherwise processed, but not spuns decreased by -45.7% to 756 kg, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 324% against the previous year. As a result, imports attained the peak of 3.7 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced to $4.2K in 2022. Over the period under review, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 164%. As a result, imports reached the peak of $37K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Flax; Hackled or Otherwise Processed, But Not Spun in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.45.71.93.3-9.1%
Egypt6.021.21.80.6-53.6%
Syrian Arab Republic3.59.80.80.3-55.9%
ChinaN/AN/A0.2N/A0%
OthersN/AN/AN/AN/A0%
Total13.936.64.84.2-32.9%

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

  1. Egypt (397.0 kg)
  2. Italy (315.0 kg)
  3. Syrian Arab Republic (44.0 kg)

Source: IndexBox Market Intelligence Platform

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