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

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany (CIF) - 2024
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany (FOB) - 2022
3. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany
4. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany (CIF) - 2024

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $3,686 per ton in March 2024, increasing by 23% against the previous month. Over the period under review, import price indicated a pronounced expansion from March 2023 to March 2024: its price increased at an average monthly rate of +2.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for yarn of other vegetable textile fibres; paper yarns increased by +91.4% against January 2024 indices. The growth pace was the most rapid in February 2024 an increase of 56% against the previous month. The import price peaked at $3,937 per ton in April 2023; however, from May 2023 to March 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($5,339 per ton), while the price for India ($1,872 per ton) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Sri Lanka (+132.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $9,710 per ton, falling by -29.6% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 27% against the previous year. As a result, the export price reached the peak level of $13,872 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

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 the United States ($54,348 per ton), while the average price for exports to the Czech Republic ($4,337 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 China (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of yarn of other vegetable textile fibres; paper yarns was finally on the rise to reach 2K tons after two years of decline. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports attained 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 soared to $5.4M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern 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.

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

1. Spain (780.4 tons)
2. India (441.3 tons)
3. China (310.8 tons)
4. Italy (298.8 tons)
5. Sri Lanka (45.5 tons)
6. United States (33.2 tons)

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Germany

In 2022, overseas shipments of yarn of other vegetable textile fibres; paper yarns were finally on the rise to reach 288 tons after two years of decline. Over the period under review, exports saw a measured expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns skyrocketed to $2.8M in 2022. In general, exports, however, saw a slight decrease.

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

1. France (123.0 tons)
2. Austria (31.1 tons)
3. Poland (29.8 tons)
4. United States (11.0 tons)
5. Hungary (10.6 tons)
6. Czech Republic (10.4 tons)
7. Netherlands (7.6 tons)
8. Belgium (7.6 tons)
9. Switzerland (5.4 tons)
10. Italy (4.9 tons)
11. Slovakia (4.6 tons)
12. Ukraine (0.7 tons)
13. China (0.5 tons)

Source: IndexBox Market Intelligence Platform