Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK - 2024
Contents:
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK (CIF) - 2024
- Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK (FOB) - 2022
- Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK
- Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK
Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK (CIF) - 2024
The average import price for yarn of other vegetable textile fibres; paper yarns stood at $2,164 per ton in March 2024, declining by -2.9% against the previous month. Over the period under review, the import price showed a slight curtailment. The pace of growth was the most pronounced in December 2023 when the average import price increased by 73% against the previous month. The import price peaked at $3,353 per ton in September 2023; however, from October 2023 to March 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Germany ($8,904 per ton), while the price for Spain ($1,858 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 Germany (+18.5%), 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 the UK (FOB) - 2022
The average export price for yarn of other vegetable textile fibres; paper yarns stood at $8,365 per ton in 2022, which is down by -8.7% against the previous year. Overall, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 695%. As a result, the export price attained the peak level of $11,512 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($32,827 per ton), while the average price for exports to Romania ($3,412 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 Cuba (+18.2%), 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 the UK
In 2022, after three years of growth, there was significant decline in overseas purchases of yarn of other vegetable textile fibres; paper yarns, when their volume decreased by -12.3% to 1K tons. The total import volume increased at an average annual rate of +5.5% 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 2021 with an increase of 29%. As a result, imports reached the peak of 1.1K tons, and then reduced in the following year.
In value terms, imports of yarn of other vegetable textile fibres; paper yarns contracted slightly to $2.9M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. As a result, imports reached the peak of $3M, and then contracted slightly in the following year.
Import of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 853 | 981 | 1,081 | 1,437 | 19.0% |
Spain | 89.0 | 310 | 360 | 541 | 82.5% |
India | 250 | 281 | 652 | 391 | 16.1% |
Sri Lanka | 312 | 312 | 130 | 129 | -25.5% |
China | 20.3 | 123 | 166 | 84.3 | 60.7% |
Others | 348 | 310 | 585 | 268 | -8.3% |
Total | 1,873 | 2,316 | 2,974 | 2,850 | 15.0% |
Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to the UK in 2022:
- Italy (572.3 tons)
- Spain (191.5 tons)
- India (137.9 tons)
- Sri Lanka (69.8 tons)
- China (13.5 tons)
Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK
In 2022, exports of yarn of other vegetable textile fibres; paper yarns from the UK shrank to 48 tons, reducing by -9.8% compared with 2021 figures. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 520% against the previous year. As a result, the exports reached the peak of 53 tons, and then contracted in the following year.
In value terms, exports of yarn of other vegetable textile fibres; paper yarns dropped sharply to $400K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 419% against the previous year. As a result, the exports attained the peak of $485K, and then fell rapidly in the following year.
Export of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.2 | 0.4 | 180 | 160 | 828.3% |
Israel | N/A | N/A | N/A | 30.6 | 0% |
France | 0.3 | 1.1 | 33.3 | 27.7 | 352.0% |
United States | 3.1 | 3.9 | 4.2 | 21.3 | 90.1% |
Romania | N/A | N/A | 168 | 18.5 | -89.0% |
South Korea | 41.9 | 52.4 | 20.5 | 18.4 | -24.0% |
Sweden | N/A | 0.1 | 6.6 | 14.4 | 1100.0% |
Australia | 1.8 | 1.7 | 6.7 | 10.4 | 79.4% |
Germany | 0.4 | 2.0 | 3.1 | 8.7 | 179.1% |
Finland | N/A | N/A | 11.6 | 8.2 | -29.3% |
Spain | N/A | 0.1 | 1.5 | 7.7 | 777.5% |
Taiwan (Chinese) | 4.4 | 1.3 | 7.5 | 5.9 | 10.3% |
Ireland | 52.9 | 2.6 | 16.0 | 2.7 | -62.9% |
Others | 12.0 | 27.8 | 25.7 | 65.3 | 75.9% |
Total | 117 | 93.4 | 485 | 400 | 50.6% |
Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from the UK in 2022:
- Netherlands (24.0 tons)
- Romania (5.4 tons)
- Sweden (3.6 tons)
- Israel (2.7 tons)
- Germany (2.0 tons)
- Australia (1.6 tons)
- Finland (1.5 tons)
- Spain (1.4 tons)
- Taiwan (Chinese) (1.3 tons)
- France (0.8 tons)
- United States (0.8 tons)
- Ireland (0.2 tons)
- South Korea (0.2 tons)
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