Price for Yarn; of Flax, Single in Kuwait - 2022

Contents:

1. Price for Yarn; of Flax, Single in Kuwait (CIF) - 2022
2. Imports of Yarn; of Flax, Single in Kuwait

Price for Yarn; of Flax, Single in Kuwait (CIF) - 2022

In 2022, the average yarn; of flax, single import price amounted to $11,725 per ton, dropping by -8.1% against the previous year. In general, the import price, however, showed resilient growth. The pace of growth appeared the most rapid in 2019 an increase of 381% against the previous year. As a result, import price reached the peak level of $14,925 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($12,999 per ton), while the price for China amounted to $4,993 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+51.3%).

Imports of Yarn; of Flax, Single in Kuwait

In 2022, supplies from abroad of yarn; of flax, singles decreased by -18.4% to 305 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year. As a result, imports reached the peak of 374 kg, and then declined remarkably in the following year.

In value terms, yarn; of flax, single imports shrank remarkably to $3.6K in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 108% against the previous year.

Top Suppliers of Yarn; of Flax, Single to Kuwait in 2022:

1. Turkey (256.0 kg)
2. China (49.0 kg)

Source: IndexBox Market Intelligence Platform