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

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Spain (CIF) - 2023
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Spain (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Spain
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Spain

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Spain (CIF) - 2023

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $1,591 per ton in October 2023, growing by 11% against the previous month. Overall, the import price, however, saw a mild decline. The pace of growth appeared the most rapid in April 2023 when the average import price increased by 25% m-o-m. The import price peaked at $2,067 per ton in December 2022; however, from January 2023 to October 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Belgium ($1,986 per ton), while the price for Bangladesh totaled $1,583 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (-1.6%).

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $14,947 per ton, surging by 153% against the previous year. In general, the export price recorded noticeable growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 186% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($44,200 per ton), while the average price for exports to Italy ($2,800 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 Tunisia (+138.0%), 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 Spain

In 2022, after two years of decline, there was significant growth in supplies from abroad of yarn; of jute or of other textile bast fibres, singles, when their volume increased by 123% to 2.8K tons. Overall, imports posted a prominent increase. 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 $5.9M in 2022. In general, imports showed 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 Spain in 2022:

1. Bangladesh (2.7K tons)

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

Exports of yarn; of jute or of other textile bast fibres, singles from Spain declined rapidly to 169 kg in 2022, waning by -98.7% against 2021 figures. Overall, exports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 25,424%. As a result, the exports reached the peak of 13 tons, and then shrank sharply in the following year.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles shrank rapidly to $2.5K in 2022. In general, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 15,804%. As a result, the exports reached the peak of $77K, and then dropped markedly in the following year.

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

1. Cuba (152.0 kg)
2. Switzerland (5.0 kg)
3. Italy (5.0 kg)

Source: IndexBox Market Intelligence Platform