Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Australia - 2023

Contents:

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

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Australia (CIF) - 2022

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $4,789 per ton in 2022, waning by -2.1% against the previous year. Over the period under review, the import price, however, continues to indicate a tangible increase. The pace of growth appeared the most rapid in 2021 an increase of 82% against the previous year. As a result, import price reached the peak level of $4,892 per ton, and then dropped in the following year.

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 the United States ($45,115 per ton), while the price for India stood at $2,346 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Australia (FOB) - 2022

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $15,500 per ton, with an increase of 675% against the previous year. Overall, the export price recorded a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for New Zealand amounted to -10.8% per year.

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Australia

In 2022, supplies from abroad of yarn; of jute or of other textile bast fibres, singles decreased by -41.4% to 2 tons, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. As a result, imports reached the peak of 4 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles dropped rapidly to $9.5K in 2022. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 54% against the previous year. As a result, imports attained the peak of $17K, and then fell notably in the following year.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Australia in 2022:

1. India (1865.0 kg)
2. United States (113.0 kg)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Australia

In 2022, overseas shipments of yarn; of jute or of other textile bast fibres, singles decreased by -83.3% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 3.1%. As a result, the exports attained the peak of 33 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $31 in 2022. Overall, exports continue to indicate a sharp decrease.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Australia in 2022:

1. Canada (2.0 kg)

Source: IndexBox Market Intelligence Platform