Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in India - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (CIF) - 2024
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (FOB) - 2022
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in India
- Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in India
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (CIF) - 2024
In March 2024, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $3,376 per ton, jumping by 16% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in May 2023 an increase of 154% against the previous month. As a result, import price reached the peak level of $14,685 per ton. From June 2023 to March 2024, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From March 2023 to March 2024, the rate of growth in terms of prices for China amounted to -3.1% per month.
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (FOB) - 2022
The average export price for yarn of other vegetable textile fibres; paper yarns stood at $983 per ton in 2022, with a decrease of -2.1% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 43% against the previous year. The export price peaked at $1,130 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($3,312 per ton), while the average price for exports to Nepal ($322 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 France (+7.9%), 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 India
In 2022, purchases abroad of yarn of other vegetable textile fibres; paper yarns decreased by -55% to 677 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 157% against the previous year. As a result, imports reached the peak of 1.5K tons, and then contracted sharply in the following year.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns declined notably to $5.8M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 124%. As a result, imports attained the peak of $8.6M, and then dropped significantly in the following year.
| Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,870 | 3,480 | 7,595 | 5,306 | 41.6% |
| Nepal | 2.3 | 45.6 | 59.4 | 137 | 290.5% |
| Tanzania | 91.4 | 87.8 | 311 | 115 | 8.0% |
| United Kingdom | 19.9 | 19.5 | 88.0 | 87.9 | 64.1% |
| Mexico | 21.4 | 10.9 | 200 | 26.8 | 7.8% |
| Others | 90.5 | 181 | 299 | 119 | 9.6% |
| Total | 2,096 | 3,824 | 8,552 | 5,792 | 40.3% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to India in 2022:
- China (587.8 tons)
- Tanzania (34.8 tons)
- United Kingdom (20.9 tons)
- Nepal (11.8 tons)
- Mexico (6.9 tons)
Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in India
In 2022, approx. 4.9K tons of yarn of other vegetable textile fibres; paper yarns were exported from India; reducing by -30.2% compared with the year before. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 38%. As a result, the exports reached the peak of 7K tons, and then contracted rapidly in the following year.
In value terms, exports of yarn of other vegetable textile fibres; paper yarns plummeted to $4.8M in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports attained the peak of $7M, and then dropped significantly in the following year.
| Export of Yarn of Other Vegetable Textile Fibres; Paper Yarn in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,499 | 1,112 | 2,230 | 1,188 | -7.5% |
| Italy | 587 | 633 | 1,019 | 685 | 5.3% |
| Japan | 1,267 | 1,153 | 1,125 | 663 | -19.4% |
| Germany | 447 | 444 | 478 | 609 | 10.9% |
| Nepal | 626 | 443 | 640 | 317 | -20.3% |
| Belgium | 250 | 236 | 212 | 165 | -12.9% |
| France | 393 | 214 | 92.4 | 136 | -29.8% |
| United Arab Emirates | 98.6 | 111 | 121 | 126 | 8.5% |
| Oman | 193 | 191 | 119 | 125 | -13.5% |
| Saudi Arabia | 59.1 | 65.9 | 170 | 103 | 20.3% |
| Others | 591 | 755 | 779 | 659 | 3.7% |
| Total | 6,010 | 5,360 | 6,984 | 4,774 | -7.4% |
Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from India in 2022:
- Netherlands (1160.4 tons)
- Italy (1056.0 tons)
- Nepal (983.6 tons)
- Germany (454.7 tons)
- Japan (200.3 tons)
- United Arab Emirates (168.8 tons)
- Oman (153.6 tons)
- Saudi Arabia (119.4 tons)
- Belgium (93.1 tons)
- France (53.0 tons)
Nothing found. Please try again.
Nothing found. Please try again.
Nothing found. Please try again.
