Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Indonesia - 2022

Contents:

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

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

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $3,682 per ton in 2022, growing by 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. Over the period under review, the average export prices reached the maximum at $3,716 per ton in 2019; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($5,349 per ton), while the average price for exports to Maldives ($2,357 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 Russia (+5.6%), 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 Indonesia (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $7,281 per ton in 2022, with an increase of 23% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 241%. Over the period under review, average import prices attained the peak figure at $20,573 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($38,456 per ton), while the price for China ($4,275 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+38.2%), 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 Indonesia

Exports of yarn of other vegetable textile fibres; paper yarns from Indonesia skyrocketed to 185 tons in 2022, rising by 33% compared with the year before. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 357% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns soared to $680K in 2022. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 376% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

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

1. Spain (89.5 tons)
2. Italy (31.9 tons)
3. Uzbekistan (24.6 tons)
4. South Korea (16.1 tons)
5. Malaysia (11.9 tons)
6. Maldives (10.3 tons)

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

After three years of growth, purchases abroad of yarn of other vegetable textile fibres; paper yarns decreased by -33.4% to 56 tons in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 72%.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns fell significantly to $405K in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports reached the peak of $513K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (47.4 tons)
2. Taiwan (Chinese) (1.8 tons)
3. Hungary (1.8 tons)
4. Vietnam (1.5 tons)
5. Dominican Republic (1.0 tons)
6. Germany (0.7 tons)
7. Japan (0.5 tons)

Source: IndexBox Market Intelligence Platform