Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark - 2024

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark (FOB) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark (CIF) - 2022
3. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark
4. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $5,877 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 14%. The export price peaked at $6,085 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($10,158 per ton), while the average price for exports to Ukraine ($3,995 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 Japan (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark (CIF) - 2022

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $3,433 per ton, dropping by -20.6% against the previous year. Over the period under review, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. Over the period under review, average import prices hit record highs at $4,578 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($12,909 per ton), while the price for Lithuania ($2,885 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.1%), 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 Denmark

After three years of growth, shipments abroad of yarn of other vegetable textile fibres; paper yarns decreased by -5.2% to 270 tons in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 29%.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns declined to $1.6M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value 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 +60.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports attained the peak of $1.7M, and then dropped modestly in the following year.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Denmark in 2022:

1. Ukraine (115.8 tons)
2. Latvia (101.5 tons)
3. Netherlands (17.3 tons)
4. United States (6.5 tons)
5. Poland (5.0 tons)
6. Japan (4.3 tons)
7. Germany (3.3 tons)
8. Vietnam (2.3 tons)

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Denmark

In 2022, supplies from abroad of yarn of other vegetable textile fibres; paper yarns decreased by -12.8% to 396 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.5% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 44%. As a result, imports attained the peak of 453 tons, and then fell in the following year.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns shrank sharply to $1.4M in 2022. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 83% against the previous year. As a result, imports attained the peak of $2M, and then declined notably in the following year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Denmark in 2022:

1. Lithuania (372.1 tons)
2. Turkey (11.7 tons)

Source: IndexBox Market Intelligence Platform