Price for Yarn; of Flax, Multiple (Folded) or Cabled in Guatemala - 2024

Price for Yarn; of Flax, Multiple (Folded) or Cabled in Guatemala (CIF) - 2022

The average import price for yarn; of flax, multiple (folded) or cableds stood at $12,064 per ton in 2022, which is down by -18.7% against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2017 an increase of 34% against the previous year. The import price peaked at $23,785 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,972 per ton), while the price for Belgium amounted to $11,374 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+87.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Yarn; of Flax, Multiple (Folded) or Cabled in Guatemala

Imports of yarn; of flax, multiple (folded) or cableds into Guatemala shrank to 1.7 tons in 2022, waning by -12.6% against the year before. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports reached the peak of 2 tons, and then fell in the following year.

In value terms, imports of yarn; of flax, multiple (folded) or cableds dropped notably to $21K in 2022. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 92%. As a result, imports reached the peak of $29K, and then reduced rapidly in the following year.