Price for Flax, Raw or Retted in Bahrain - 2022
Contents:
Price for Flax, Raw or Retted in Bahrain (CIF) - 2022
The average flax, raw or retted import price stood at $4,667 per ton in 2022, increasing by 13% against the previous year. Overall, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 108% against the previous year. As a result, import price reached the peak level of $6,300 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kazakhstan ($25,833 per ton), while the price for China amounted to $3,608 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced a decline.
Imports of Flax, Raw or Retted in Bahrain
In 2022, supplies from abroad of flax, raw or retted decreased by -35.1% to 126 kg, falling for the second year in a row after two years of growth. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2020 when imports increased by 86% against the previous year. As a result, imports reached the peak of 335 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, flax, raw or retted imports shrank significantly to $588 in 2022. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 83%. As a result, imports attained the peak of $2.1K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Flax, Raw or Retted in Bahrain (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 400 | 100 | 288 | 433 | 2.7% |
| Kazakhstan | N/A | N/A | N/A | 155 | 0% |
| United States | N/A | 366 | N/A | N/A | 0% |
| United Arab Emirates | 734 | 1,610 | 445 | N/A | -22.1% |
| Others | N/A | N/A | 65.0 | N/A | 0% |
| Total | 1,134 | 2,076 | 798 | 588 | -19.7% |
Top Suppliers of Flax, Raw or Retted to Bahrain in 2022:
- China (120.0 kg)
- Kazakhstan (6.0 kg)
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