What is the price of linseed (flax) per kilogram/pound in Egypt today?
The retail price range for Egypt linseed (flax) is between US$ 3.85 and US$ 7.71 per kilogram or between US$ 1.75 and US$ 3.50 per pound(lb). Click here to see today's exact prices of linseed (flax) in Egypt
The retail price range in Egyptian Pound for linseed (flax) is between EGP 120.43 and EGP 240.85 per kilogram or between EGP 54.61 and EGP 109.23 per pound(lb) in Cairo and Alexandria.
Wholesale prices
In 2024, the approximate wholesale price range for Egypt linseed (flax) is between US$ 2.70 and US$ 5.40 per kilogram or between US$ 1.22 and US$ 2.45 per pound(lb).
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Egypt Linseed (flax) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed (Flax) from Egypt over the last five years has been relatively stable. In 2017, the price was 0.50 US$ per kg, followed by 0.61 US$ per kg in 2018. In 2019, the price dropped to 0.57 US$ per kg and then increased to 0.72 US$ per kg in 2020. The price then dropped again to 0.93 US$ per kg in 2021. Based on this data, it is predicted that the export price per kilogram of Linseed (Flax) from Egypt in 2023 will be 0.77 US$ per kg and in 2024 will be 0.86 US$ per kg.The Egypt linseed (flax) exports are categorised as:
- Linseed, whether or not broken (HS code 120400)
Egypt Linseed (flax) Import Prices - Historical, Trends and Prediction
The import price of Linseed (Flax) into Egypt has seen a steady decline over the past five years. In 2015, the price was $0.64 per kg, which dropped to $0.57 per kg in 2016. This downward trend continued in 2017, when the price fell to $0.50 per kg. In 2018, the price rose slightly to $0.61 per kg, before dropping again to $0.57 per kg in 2019. The most recent data shows that the price has increased to $0.72 per kg in 2020. Looking ahead, it is likely that the price of Linseed (Flax) will remain relatively stable in the next two years, with an estimated price of $0.83 per kg in 2023 and $0.94 per kg in 2024.Export values for Egypt linseed (flax)
The total values in export for linseed (flax) in Egypt were US$ 7,068, US$ 5,259, US$ 6,405 and US$ 6,777 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Egypt: Rapeseeds (Canola), Sunflower Seeds, Cotton Seeds, Castor (Ricinus) Seeds, Sesame Seeds, Mustard Seeds, Safflower, Melon Seeds, Poppy Seeds & Shea Nuts.
See prices of linseed (flax) in other countries across Africa: Algeria linseed (flax), Angola linseed (flax), Botswana linseed (flax), Burundi linseed (flax), Cameroon linseed (flax), Cape Verde linseed (flax), Central African Republic linseed (flax), Comoros linseed (flax), DRC Congo linseed (flax) & Benin linseed (flax).
Egypt linseed (flax) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Egypt sold 329 tonnes of linseed (flax). For the year 2019 alone, the market for Egypt linseed (flax) (oil seeds category) has decreased, with a change of -68.607 percent compared to the year 2018. Between 2017 and 2019, linseed (flax)'s exports went down by -77.86 pc bringing the exporter US$6.78m for the year 2019. Egypt's linseed (flax) exports are classified as:
- Linseed, whether or not broken (HS code 120400)
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Egypt linseed (flax) export values
In 2019, Egypt sold linseed (flax) with a value of 6.78m USD, a surge of 5.85% from 2018's total linseed (flax) export of 6.405m USD. The annual growth in value of Egypt linseed (flax) between 2017 to 2018 was 21.791 per cent.
The yearly change in the volume of Egypt's linseed (flax) exports between 2017 and 2019 was -77.86 pc in comparison to a variation of -68.607% in the period between 2018 and 2019.
Export markets for Egypt linseed (flax) ( in '000$ )
Egypt's best performing destinations for linseed (flax) are South Korea, Tunisia, Saudi Arabia, Morocco and Ukraine.
Egypt procured 0 tonnes of linseed (flax) in 2019.
Production
The production of linseed (flax) in Egypt was 10,000 tonnes in 2019 and is predicted to change by an average of 36.78%. The country had an estimated 7,000.00 hectares under linseed (flax) cultivation.