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

Contents:

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

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $1,466 per ton in 2022, with a decrease of -27% against the previous year. In general, the import price saw a noticeable downturn. The most prominent rate of growth was recorded in 2021 an increase of 38%. As a result, import price attained the peak level of $2,007 per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bangladesh ($3,121 per ton), while the price for Turkey totaled $481 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+5.4%).

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

In 2022, overseas purchases of yarn; of jute or of other textile bast fibres, singles increased by 819% to 387 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a significant expansion. As a result, imports attained 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 skyrocketed to $567K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (242.7 tons)
2. Bangladesh (144.4 tons)

Source: IndexBox Market Intelligence Platform