Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ghana - 2022
Contents:
- Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ghana (CIF) - 2022
- Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ghana
Price for Flax; Hackled or Otherwise Processed, But Not Spun in Ghana (CIF) - 2022
In 2022, the average import price for flax; hackled or otherwise processed, but not spuns amounted to $25,174 per ton, increasing by 41% against the previous year. Over the period under review, the import price recorded a strong expansion. The growth pace was the most rapid in 2020 when the average import price increased by 91% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($31,104 per ton), while the price for Norway totaled $22,559 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.3%).
Imports of Flax; Hackled or Otherwise Processed, But Not Spun in Ghana
In 2022, imports of flax; hackled or otherwise processed, but not spuns into Ghana dropped dramatically to 219 kg, which is down by -80.4% against 2021 figures. Overall, imports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports reached the peak of 1.1 tons, and then contracted significantly in the following year.
In value terms, imports of flax; hackled or otherwise processed, but not spuns reduced dramatically to $5.5K in 2022. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 when imports increased by 68% against the previous year.
| Import of Flax; Hackled or Otherwise Processed, But Not Spun in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.2 | 10.7 | 14.3 | 3.4 | -13.2% |
| Italy | 1.4 | 3.5 | 5.7 | 2.1 | 14.5% |
| South Korea | 1.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.5 | 14.2 | 20.0 | 5.5 | -13.5% |
Top Suppliers of Flax; Hackled or Otherwise Processed, But Not Spun to Ghana in 2022:
- Norway (152.0 kg)
- Italy (67.0 kg)
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