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

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Azerbaijan (CIF) - 2022
2. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Azerbaijan

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $1,062 per ton in 2022, shrinking by -7.8% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 17%. Over the period under review, average import prices attained the maximum at $3,000 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From 2015 to 2022, the rate of growth in terms of prices for Bangladesh amounted to +0.2% per year.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of yarn; of jute or of other textile bast fibres, singles, when their volume increased by 35% to 86 tons. Overall, imports, however, showed a deep reduction.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles surged to $91K in 2022. Over the period under review, imports, however, showed a pronounced reduction.

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

1. Bangladesh (86.0 tons)

Source: IndexBox Market Intelligence Platform