Price for Flax, Tow and Waste in Ethiopia - 2022
Contents:
Price for Flax, Tow and Waste in Ethiopia (FOB) - 2022
The average flax, tow and waste export price stood at $285 per ton in 2022, falling by -33.2% against the previous year. In general, the export price continues to indicate a dramatic descent. The export price peaked at $426 per ton in 2021, and then shrank remarkably in the following year.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($287 per ton), while the average price for exports to Poland stood at $222 per ton.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (-32.6%).
Exports of Flax, Tow and Waste in Ethiopia
In 2022, the amount of flax, tow and waste exported from Ethiopia skyrocketed to 1.7K tons, with an increase of 356% on 2021 figures. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, flax, tow and waste exports surged to $484K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Flax, Tow and Waste in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | 159 | 470 | 195.6% | ||
| Poland | N/A | 13.3 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 159 | 484 | 204.4% | ||
Top Export Markets for Flax, Tow and Waste from Ethiopia in 2022:
- China (1638.7 tons)
- Poland (60.0 tons)
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