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

Contents:

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

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $21,750 per ton, increasing by 89% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of 133%. Over the period under review, the average export prices reached the maximum at $198,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($22,429 per ton), while the average price for exports to China stood at $17,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+25.5%), while the prices for the other major destinations experienced a decline.

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,000 per ton in 2021, with a decrease of -57.8% against the previous year. Over the period under review, the import price showed a deep slump. The growth pace was the most rapid in 2017 when the average import price increased by 184% against the previous year. Over the period under review, average import prices reached the maximum at $9,000 per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Bangladesh amounted to +0.7% per year.

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

In 2022, the amount of yarn; of jute or of other textile bast fibres, singles exported from Finland contracted rapidly to 24 kg, waning by -58.6% compared with 2021 figures. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 1,350%. As a result, the exports attained the peak of 58 kg, and then fell markedly in the following year.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles shrank markedly to $522 in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 704%. As a result, the exports reached the peak of $667, and then fell markedly in the following year.

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

1. United Kingdom (21.0 kg)
2. China (3.0 kg)

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

In 2021, overseas purchases of yarn; of jute or of other textile bast fibres, singles decreased by -99.9% to 1 kg for the first time since 2018, thus ending a two-year rising trend. In general, imports recorded a precipitous shrinkage. The pace of growth appeared the most rapid in 2020 when imports increased by 2,438% against the previous year. As a result, imports reached the peak of 1.5 tons, and then contracted remarkably in the following year.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles reduced remarkably to $2 in 2021. Overall, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2020 when imports increased by 2,923%. As a result, imports reached the peak of $7.2K, and then dropped notably in the following year.

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

1. India (1.0 kg)

Source: IndexBox Market Intelligence Platform