Flax Yarn Price in the United Arab Emirates - 2021
Contents:
- Flax Yarn Price in the United Arab Emirates (CIF) - 2022
- Flax Yarn Price in the United Arab Emirates (FOB) - 2022
- Flax Yarn Imports in the United Arab Emirates
- Flax Yarn Exports in the United Arab Emirates
Flax Yarn Price in the United Arab Emirates (CIF) - 2022
In 2022, the average flax yarn import price amounted to $20,688 per ton, picking up by 183% against the previous year. Overall, the import price saw a prominent expansion. The import price peaked at $30,853 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Belgium ($54,147 per ton), while the price for China ($3,978 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Flax Yarn Price in the United Arab Emirates (FOB) - 2022
In 2022, the average flax yarn export price amounted to $7,370 per ton, with a decrease of -4.9% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 11% against the previous year. As a result, the export price reached the peak level of $14,699 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iran ($29,497 per ton), while the average price for exports to Sudan ($5,685 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.
Flax Yarn Imports in the United Arab Emirates
In 2022, approx. 123 kg of flax yarns were imported into the United Arab Emirates; reducing by -70.6% against 2021 figures. In general, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 516%. As a result, imports attained the peak of 419 kg, and then contracted rapidly in the following year.
In value terms, flax yarn imports contracted sharply to $2.6K in 2022. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 49% against the previous year.
| Import of Flax Yarn in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4,579 | 985 | 1,272 | 1,196 | -36.1% |
| Belgium | 2,657 | 613 | 849 | 857 | -31.4% |
| China | 71.0 | 86.0 | 182 | 154 | 29.4% |
| Egypt | 802 | 145 | 157 | 123 | -46.5% |
| Italy | 407 | 82.0 | 99.0 | 83.0 | -41.1% |
| Turkey | 5.0 | 2.0 | 8.0 | 45.0 | 108.0% |
| India | 292 | 45.0 | 42.0 | 28.0 | -54.2% |
| Saudi Arabia | N/A | N/A | 148 | N/A | 0% |
| Others | 508 | 94.0 | 299 | 68.0 | -48.8% |
| Total | 9,321 | 2,052 | 3,056 | 2,554 | -35.0% |
Top Suppliers of Flax Yarn to the United Arab Emirates in 2022:
- China (39.0 kg)
- United States (37.0 kg)
- Egypt (16.0 kg)
- Belgium (16.0 kg)
- India (6.0 kg)
- Turkey (5.0 kg)
- Italy (3.0 kg)
Flax Yarn Exports in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas shipments of flax yarns, when their volume increased by 118% to 1.2 tons. In general, exports, however, saw a precipitous descent.
In value terms, flax yarn exports surged to $8.8K in 2022. Overall, exports, however, showed a sharp descent.
| Export of Flax Yarn in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 13.9 | 11.1 | 3.7 | 7.9 | -17.2% |
| Iran | 1.6 | 1.0 | 0.2 | 0.4 | -37.0% |
| Sudan | 0.7 | 0.4 | 0.1 | 0.2 | -34.1% |
| Ghana | 6.0 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 0.9 | 0.2 | 0.4 | -35.6% |
| Total | 23.6 | 13.3 | 4.2 | 8.8 | -28.0% |
Top Export Markets for Flax Yarn from the United Arab Emirates in 2022:
- Kenya (1141.0 kg)
- Sudan (31.0 kg)
- Iran (13.0 kg)
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