Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Ghana - 2022

Contents:

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

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

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $1,643 per ton, dropping by -63% against the previous year. Overall, the import price recorded a mild reduction. The pace of growth appeared the most rapid in 2021 an increase of 65%. As a result, import price reached the peak level of $4,434 per ton, and then shrank remarkably 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 India ($1,916 per ton), while the price for the UK totaled $1,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.8%).

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

In 2022, purchases abroad of yarn; of jute or of other textile bast fibres, singles increased by 255% to 13 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a dramatic setback.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $22K in 2022. In general, imports, however, saw a sharp reduction.

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

1. India (4.5 tons)
2. United Kingdom (4.2 tons)

Source: IndexBox Market Intelligence Platform