Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in China - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (FOB) - 2024
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (CIF) - 2024
- Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (FOB) - 2024
The average export price for yarn of other vegetable textile fibres; paper yarns stood at $3,972 per ton in May 2024, with a decrease of -27% against the previous month. Over the period under review, the export price showed a noticeable setback. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 29% month-to-month. As a result, the export price attained the peak level of $7,409 per ton. From August 2023 to May 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In May 2024, the country with the highest price was Italy ($13,094 per ton), while the average price for exports to India ($3,159 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (CIF) - 2024
In May 2024, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $4,639 per ton, almost unchanged from the previous month. In general, the import price saw a abrupt slump. The pace of growth was the most pronounced in September 2023 when the average import price increased by 40% month-to-month. The import price peaked at $10,795 per ton in July 2023; however, from August 2023 to May 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Taiwan (Chinese) ($21,492 per ton), while the price for Tanzania ($1,318 per ton) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Japan (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China
After three years of growth, overseas shipments of yarn of other vegetable textile fibres; paper yarns decreased by -18.9% to 5.8K tons in 2022. The total export volume increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports attained the peak of 7.1K tons, and then fell remarkably in the following year.
In value terms, exports of yarn of other vegetable textile fibres; paper yarns dropped to $34M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +39.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $37M, and then declined in the following year.
| Export of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.6 | 4.7 | 5.8 | 6.7 | 0.5% |
| India | 1.7 | 3.2 | 6.6 | 4.5 | 38.3% |
| Japan | 4.8 | 4.0 | 4.2 | 4.4 | -2.9% |
| Vietnam | 2.6 | 2.7 | 4.0 | 2.8 | 2.5% |
| Italy | 1.2 | 1.6 | 2.4 | 2.5 | 27.7% |
| Cambodia | N/A | N/A | 0.3 | 2.5 | 733.3% |
| Turkey | 0.6 | 0.4 | 1.3 | 1.3 | 29.4% |
| United States | 1.0 | 2.2 | 1.8 | 1.2 | 6.3% |
| Russia | 0.1 | N/A | 0.1 | 1.2 | 128.9% |
| Bangladesh | 0.4 | 0.7 | 1.5 | 1.1 | 40.1% |
| Germany | 1.1 | 0.9 | 0.8 | 0.8 | -10.1% |
| Netherlands | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
| Pakistan | 0.4 | 0.5 | 2.4 | 0.1 | -37.0% |
| Others | 3.6 | 4.0 | 5.1 | 4.8 | 10.1% |
| Total | 24.5 | 25.2 | 37.0 | 34.3 | 11.9% |
Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from China in 2022:
- South Korea (1409.1 tons)
- Vietnam (754.8 tons)
- Japan (618.6 tons)
- India (542.4 tons)
- Russia (469.1 tons)
- Turkey (245.3 tons)
- Italy (238.0 tons)
- Germany (195.6 tons)
- United States (191.7 tons)
- Bangladesh (148.7 tons)
- Cambodia (137.2 tons)
- Netherlands (94.7 tons)
- Pakistan (18.2 tons)
Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China
In 2022, overseas purchases of yarn of other vegetable textile fibres; paper yarns were finally on the rise to reach 798 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports enjoyed a strong 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 other vegetable textile fibres; paper yarns surged to $5.6M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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.
| Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2,830 | 2,450 | 1,883 | 2,244 | -7.4% |
| Vietnam | N/A | N/A | 17.7 | 2,192 | 12284.2% |
| Taiwan (Chinese) | 132 | 458 | 404 | 346 | 37.9% |
| Tanzania | 348 | 165 | 66.0 | 337 | -1.1% |
| Brazil | 39.8 | 121 | 95.6 | 175 | 63.8% |
| Italy | 173 | 139 | 107 | 71.6 | -25.5% |
| Philippines | 37.7 | 77.7 | 70.9 | 46.4 | 7.2% |
| Others | 118 | 202 | 367 | 213 | 21.8% |
| Total | 3,679 | 3,613 | 3,012 | 5,624 | 15.2% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to China in 2022:
- Tanzania (324.2 tons)
- Vietnam (210.7 tons)
- Japan (127.4 tons)
- Brazil (76.2 tons)
- Taiwan (Chinese) (25.9 tons)
- Philippines (6.5 tons)
- Italy (3.1 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
