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

Contents:

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

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,397 per ton in 2022, rising by 5% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn; of jute or of other textile bast fibres, singles increased by +64.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

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 China ($5,040 per ton), while the price for Bangladesh ($2,183 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $2,455 per ton, reducing by -1.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30%. As a result, the export price attained the peak level of $2,496 per ton, and then dropped in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($2,731 per ton) and Austria ($2,625 per ton), while the average price for exports to Hungary ($2,386 per ton) and Poland ($2,445 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yarn; of jute or of other textile bast fibres, singles imported into Germany surged to 603 tons, jumping by 21% on 2021 figures. The total import volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles surged to $1.4M in 2022. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 75% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. Bangladesh (357.7 tons)
2. Belgium (216.5 tons)
3. China (21.8 tons)
4. India (4.8 tons)

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

After three years of growth, shipments abroad of yarn; of jute or of other textile bast fibres, singles decreased by -8.6% to 247 tons in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles shrank to $606K in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $675K, and then declined in the following year.

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

1. Hungary (164.7 tons)
2. Austria (39.6 tons)
3. Czech Republic (13.8 tons)
4. Switzerland (10.6 tons)
5. France (9.4 tons)
6. Poland (4.3 tons)

Source: IndexBox Market Intelligence Platform