Price for Flax, Tow and Waste in Tanzania - 2022

Price for Flax, Tow and Waste in Tanzania (FOB) - 2022

In 2022, the average flax, tow and waste export price amounted to $473 per ton, stabilizing at the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36%. Over the period under review, the average export prices attained the peak figure at $646 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($478 per ton), while the average price for exports to Kenya totaled $194 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+6.0%).

Price for Flax, Tow and Waste in Tanzania (CIF) - 2022

The average flax, tow and waste import price stood at $2,387 per ton in 2022, flattening at the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 a decrease of 99.9% against the previous year. The import price peaked at $5,250 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,286 per ton), while the price for the United Arab Emirates stood at $1,222 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-14.0%).

Exports of Flax, Tow and Waste in Tanzania

In 2022, shipments abroad of flax, tow and waste decreased by -0.3% to 77 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 208% against the previous year.

In value terms, flax, tow and waste exports amounted to $37K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 204%. As a result, the exports reached the peak of $37K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Flax, Tow and Waste in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Cote d'Ivoire	11.7	36.3	36.1	36.3	45.9%
Kenya	0.4	0.4	0.3	0.3	-9.1%
Others	N/A	N/A	N/A	N/A	0%
Total	12.1	36.7	36.4	36.6	44.6%

Top Export Markets for Flax, Tow and Waste from Tanzania in 2022:

Cote d'Ivoire (75.8 tons)
Kenya (1.5 tons)

Imports of Flax, Tow and Waste in Tanzania

After two years of decline, overseas purchases of flax, tow and waste decreased by 0% to 62 kg in 2022. Overall, imports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, flax, tow and waste imports stood at $148 in 2022. Over the period under review, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.