Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait (CIF) - 2022
The average import price for flax; hackled or otherwise processed, but not spuns stood at $1,673 per ton in 2022, with a decrease of -18.1% against the previous year. In general, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2018 when the average import price increased by 82% against the previous year. As a result, import price attained the peak level of $4,712 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,793 per ton), while the price for Egypt ($196 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.5%), while the prices for the other major suppliers experienced a decline.
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait
In 2022, imports of flax; hackled or otherwise processed, but not spuns into Kuwait fell modestly to 16 tons, dropping by -4.8% compared with the previous year. The total import volume increased at an average annual rate of +6.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 17 tons, and then reduced slightly in the following year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns contracted dramatically to $27K in 2022. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.3 | 15.2 | 27.8 | 21.5 | -6.5% |
| Egypt | 5.0 | 3.1 | 2.8 | 2.5 | -20.6% |
| India | 9.4 | 3.5 | 2.4 | 2.3 | -37.5% |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| China | 0.5 | 0.1 | 0.1 | N/A | -55.3% |
| Others | 2.7 | N/A | 0.9 | N/A | -42.3% |
| Total | 43.8 | 21.9 | 34.0 | 26.5 | -15.4% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Kuwait in 2022:
- Egypt (12.6 tons)
- Italy (2.0 tons)
- United States (0.6 tons)
- India (0.6 tons)
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