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

Contents:

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

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $90,750 per ton, rising by 501% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2019 an increase of 520%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2016 to 2022, the rate of growth in terms of prices for Poland amounted to +158.6% per year.

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $7,400 per ton in 2022, declining by -69.3% against the previous year. Over the period under review, the import price, however, recorded a tangible increase. The growth pace was the most rapid in 2020 when the average import price increased by 1,533%. Over the period under review, average import prices attained the peak figure at $37,866 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Germany ($23,000 per ton), while the price for the Czech Republic ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+70.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of yarn; of jute or of other textile bast fibres, singles decreased by -11.1% to 8 kg in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 40%.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles surged to $726 in 2022. Over the period under review, exports, however, saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Poland (8.0 kg)

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

For the third year in a row, Slovakia recorded decline in supplies from abroad of yarn; of jute or of other textile bast fibres, singles, which decreased by -37.5% to 5 kg in 2022. Overall, imports faced a sharp curtailment. The smallest decline of -11.1% was in 2021.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles declined markedly to $37 in 2022. Over the period under review, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 69%.

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

1. Czech Republic (3.0 kg)
2. Germany (1.0 kg)
3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform