Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates - 2022

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates (CIF) - 2022
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates (CIF) - 2022

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $1,564 per ton in 2022, dropping by -49% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 87% against the previous year. As a result, import price attained the peak level of $3,066 per ton, and then contracted dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,601 per ton), while the price for Bangladesh stood at $1,537 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.4%).

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $2,224 per ton, growing by 86% against the previous year. Overall, the export price saw a tangible increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,792 per ton), while the average price for exports to France totaled $1,459 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+1.1%).

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates

Imports of yarn; of jute or of other textile bast fibres, singles into the United Arab Emirates surged to 474 tons in 2022, with an increase of 902% compared with 2021 figures. Overall, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $741K in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to the United Arab Emirates in 2022:

1. Bangladesh (444.4 tons)
2. India (27.4 tons)
3. Turkey (1.2 tons)
4. China (1.0 tons)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in shipments abroad of yarn; of jute or of other textile bast fibres, singles, when their volume decreased by -78.9% to 59 tons. In general, exports, however, saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 563%. As a result, the exports attained the peak of 279 tons, and then dropped notably in the following year.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles shrank rapidly to $131K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 568%. As a result, the exports attained the peak of $332K, and then declined notably in the following year.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from the United Arab Emirates in 2022:

1. Turkey (53.9 tons)
2. France (3.5 tons)

Source: IndexBox Market Intelligence Platform