Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy - 2023
Contents:
- Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (CIF) - 2022
- Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (FOB) - 2022
- Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy
- Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy
Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (CIF) - 2022
The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,372 per ton in 2022, rising by 2.6% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 +79.0% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 44% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($2,304 per ton), while the price for India stood at $1,929 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+5.1%).
Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (FOB) - 2022
In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $4,606 per ton, growing by 5.6% against the previous year. In general, the export price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2015 an increase of 45% against the previous year. As a result, the export price reached the peak level of $11,202 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($36,255 per ton), while the average price for exports to Albania ($2,752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+38.5%), 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 Italy
In 2022, overseas purchases of yarn; of jute or of other textile bast fibres, singles were finally on the rise to reach 490 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn; of jute or of other textile bast fibres, singles surged to $1.2M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 488 | 540 | 530 | 1,004 | 27.2% |
| India | N/A | 2.4 | N/A | 99.6 | 544.2% |
| Others | 25.8 | 2.2 | 42.1 | 58.2 | 31.1% |
| Total | 514 | 544 | 572 | 1,162 | 31.2% |
Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Italy in 2022:
- Bangladesh (435.7 tons)
- India (51.6 tons)
Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy
In 2022, the amount of yarn; of jute or of other textile bast fibres, singles exported from Italy fell rapidly to 15 tons, declining by -55.5% against 2021 figures. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports attained the peak of 34 tons, and then shrank significantly in the following year.
In value terms, exports of yarn; of jute or of other textile bast fibres, singles dropped rapidly to $69K in 2022. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $193K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Yarn; of Jute or of Other Textile Bast Fibres, Single in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Albania | 22.8 | 11.1 | 34.3 | 23.3 | 0.7% |
| Switzerland | N/A | N/A | N/A | 11.3 | 0% |
| Greece | 22.2 | 22.6 | 7.7 | 9.4 | -24.9% |
| Israel | 2.2 | 24.9 | 10.0 | 8.4 | 56.3% |
| United States | N/A | 2.5 | 8.9 | 2.1 | -8.3% |
| France | 2.0 | 3.6 | 2.7 | 2.1 | 1.6% |
| United Kingdom | 5.9 | 3.4 | 2.4 | 1.8 | -32.7% |
| Portugal | 12.1 | 13.9 | 4.3 | 0.1 | -79.8% |
| Spain | 20.8 | 22.6 | 5.0 | N/A | -51.0% |
| Palestine | 16.7 | N/A | N/A | N/A | 0% |
| China | 17.1 | 2.0 | N/A | N/A | -88.3% |
| Morocco | N/A | 42.3 | 23.3 | N/A | -44.9% |
| Others | 40.4 | 44.2 | 48.5 | 10.5 | -36.2% |
| Total | 162 | 193 | 147 | 69.2 | -24.7% |
Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Italy in 2022:
- Albania (8.5 tons)
- Greece (1.9 tons)
- Switzerland (1.7 tons)
- Israel (1.2 tons)
- United States (0.3 tons)
- France (0.3 tons)
- United Kingdom (0.3 tons)
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