Flax Yarn Price in Kenya - 2022
Contents:
Flax Yarn Price in Kenya (CIF) - 2022
In 2022, the average flax yarn import price amounted to $10,000 per ton, rising by 266% against the previous year. In general, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +47.1% per year.
Flax Yarn Imports in Kenya
In 2022, purchases abroad of flax yarns decreased by -99% to 4 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 85% against the previous year. As a result, imports reached the peak of 850 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, flax yarn imports dropped dramatically to $40 in 2022. In general, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports reached the peak of $2.2K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Flax Yarn in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 40.0 | 0% |
| China | 295 | 342 | 179 | N/A | -22.1% |
| United Arab Emirates | 1,573 | 1,823 | 953 | N/A | -22.2% |
| Others | 2.0 | 58.0 | N/A | N/A | 2800.0% |
| Total | 1,870 | 2,223 | 1,132 | 40.0 | -72.2% |
Top Suppliers of Flax Yarn to Kenya in 2022:
- United States (4.0 kg)
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