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

Contents:

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

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

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $1,452 per ton, waning by -3.6% against the previous year. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2021 an increase of 10%. The import price peaked at $2,216 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($1,453 per ton), while the price for the United States ($1,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-2.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $12,311 per ton, flattening at the previous year. Over the period under review, the export price saw a pronounced setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices attained the maximum at $22,003 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.4% per year.

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

In 2022, the amount of yarn; of jute or of other textile bast fibres, singles imported into Canada surged to 11 tons, increasing by 50% compared with the year before. Overall, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 287%. As a result, imports attained the peak of 47 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 skyrocketed to $15K in 2022. In general, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 270% against the previous year. As a result, imports reached the peak of $64K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. China (9.2 tons)
2. Germany (1.3 tons)
3. United States (0.1 tons)

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

After two years of decline, shipments abroad of yarn; of jute or of other textile bast fibres, singles decreased by 0% to 270 kg in 2022. Overall, exports continue to indicate a significant decline. The smallest decline of 99.9% was in 2020.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles amounted to $3.3K in 2022. In general, exports recorded a perceptible curtailment. The smallest decline of 99.9% was in 2020.

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

1. United States (270.0 kg)

Source: IndexBox Market Intelligence Platform