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

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

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $637 per ton, leveling off at the previous year. Over the period under review, the import price recorded a mild contraction. The growth pace was the most rapid in 2018 an increase of 36% against the previous year. The import price peaked at $951 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($640 per ton), while the price for India totaled $542 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.6%).

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

In 2022, after two years of decline, there was significant growth in purchases abroad of yarn; of jute or of other textile bast fibres, singles, when their volume increased by 3,492% to 738 tons. Over the period under review, imports continue to indicate a significant increase. 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 $471K in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.