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

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

The average yarn; of flax, single import price stood at $2,043 per ton in 2022, declining by -3.9% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2021 when the average import price increased by 68% against the previous year. Over the period under review, average import prices reached the peak figure at $3,667 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +94.8% per year.

Imports of Yarn; of Flax, Single in Tanzania

In 2022, overseas purchases of yarn; of flax, singles decreased by -19.2% to 160 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 188% against the previous year. As a result, imports reached the peak of 236 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, yarn; of flax, single imports fell dramatically to $326 in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 71% against the previous year.