What is the price of linseed (flax) per kilogram/pound in Ethiopia today?
The retail price range for Ethiopia linseed (flax) is between US$ 3.59 and US$ 5.27 per kilogram or between US$ 1.63 and US$ 2.39 per pound(lb). Click here to see today's exact prices of linseed (flax) in Ethiopia
The retail price range in Ethiopian Birr for linseed (flax) is between ETB 194.68 and ETB 286.05 per kilogram or between ETB 88.29 and ETB 129.73 per pound(lb) in Addis Ababa and Dire Dawa.
Wholesale prices
In 2024, the approximate wholesale price range for Ethiopia linseed (flax) is between US$ 2.51 and US$ 3.69 per kilogram or between US$ 1.14 and US$ 1.67 per pound(lb).
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Ethiopia Linseed (flax) Export Prices - Historical, Trends and Prediction
The export price per kilogram of Linseed (Flax) from Ethiopia has seen a steady increase over the last five years. In 2016, the price was 0.75 US $ per kg, and in 2021 it was 1.00 US $ per kg. This represents an increase of 33.3%. The highest price was in 2019, when it reached 1.20 US $ per kg. Looking ahead, it is likely that the export price of Linseed (Flax) from Ethiopia will continue to increase, with an estimated price of 1.25 US $ per kg in 2023 and 1.30 US $ per kg in 2024.The exports of linseed (flax) from Ethiopia are categorised as:
- Linseed, whether or not broken (HS code 120400)
Ethiopia Linseed (flax) Import Prices - Historical, Trends and Prediction
The import price per kilogram of Linseed (Flax) into Ethiopia has seen a steady increase over the last five years. In 2016, the price was 0.75 US$ per kg, and in 2021, it was 1.00 US$ per kg. This represents an increase of 33.3% over the five-year period. The highest price was recorded in 2019, when it was 1.20 US$ per kg. This was followed by a slight decrease in 2020, when the price was 1.20 US$ per kg. However, the price has since recovered and is currently at 1.00 US$ per kg. Based on this trend, it is likely that the price of Linseed (Flax) into Ethiopia will continue to increase in the coming years. We can predict that the price in 2023 will be around 1.10 US$ per kg, and in 2024, it will be around 1.20 US$ per kg.Export values for Ethiopia linseed (flax)
The total values in export for linseed (flax) in Ethiopia were US$ 6, US$ 7 and US$ 10 in US dollar thousand for the years 2017, 2018 and 2019 in that order.
Prices of other produce in the Oil Seeds category in Ethiopia: 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).
Ethiopia linseed (flax) - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ethiopia sold 6 tonnes of linseed (flax). Across 2019 alone, the demand for Ethiopia linseed (flax) (oil seeds category) has gone down, changing by -14.286 per cent compared to the year 2018. Between 2017 and 2019, linseed (flax)'s exports decreased by -45.45% netting the country US$0.01m for the year 2019. Ethiopia's linseed (flax) exports are categorised as:
- Linseed, whether or not broken (HS code 120400)
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Ethiopia linseed (flax) export values
In 2019, Ethiopia shipped linseed (flax) costing 0.01m USD, an increment of 42.86% from 2018's total linseed (flax) export of 0.007m USD. The annual change in value of Ethiopia linseed (flax) between 2017 to 2018 was 16.667%.
The annual variation in the quantity of Ethiopia's linseed (flax) exports between 2017 and 2019 was -45.45 per cent compared to a variation of -14.286% in the period between 2018 and 2019.
Export markets for Ethiopia linseed (flax) ( in '000$ )
Ethiopia's top destinations for linseed (flax) are Canada, Egypt, the Netherlands, Belgium and US.
Ethiopia bought 0 tonnes of linseed (flax) in 2019.
Production
The production of linseed (flax) in Ethiopia was 79,695 tonnes in 2019 and is estimated to change by an average of -17.57%. The country had approximately 69,150.00 hectares under linseed (flax) cultivation.