Price for Yarn; of Flax, Single in Ghana - 2022

Contents:

1. Price for Yarn; of Flax, Single in Ghana (CIF) - 2022
2. Imports of Yarn; of Flax, Single in Ghana

Price for Yarn; of Flax, Single in Ghana (CIF) - 2022

The average yarn; of flax, single import price stood at $16,294 per ton in 2022, surging by 13% against the previous year. In general, the import price, however, continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the average import price increased by 47% against the previous year. The import price peaked at $30,235 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Norway ($17,250 per ton), while the price for China stood at $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (-1.8%).

Imports of Yarn; of Flax, Single in Ghana

In 2022, imports of yarn; of flax, singles into Ghana reduced markedly to 17 kg, waning by -29.2% compared with the previous year. Over the period under review, imports showed a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 26%.

In value terms, yarn; of flax, single imports declined notably to $277 in 2022. Overall, imports continue to indicate a abrupt setback. The smallest decline of -19.9% was in 2021.

Top Suppliers of Yarn; of Flax, Single to Ghana in 2022:

1. Norway (16.0 kg)
2. China (1.0 kg)

Source: IndexBox Market Intelligence Platform