Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the United States - 2024

Contents:

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

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in the United States (FOB) - 2024

In April 2024, the average export price for yarn of other vegetable textile fibres; paper yarns amounted to $3,094 per ton, growing by 11% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average export price increased by 38% m-o-m. As a result, the export price reached the peak level of $4,232 per ton. From August 2023 to April 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($9,912 per ton), while the average price for exports to Mexico ($2,441 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+3.4%), while the prices for the other major destinations experienced a decline.

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

In April 2024, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $5,464 per ton, increasing by 59% against the previous month. In general, the import price, however, recorded a noticeable decrease. The pace of growth appeared the most rapid in January 2024 an increase of 174% against the previous month. Over the period under review, average import prices hit record highs at $11,013 per ton in August 2023; however, from September 2023 to April 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($22,758 per ton), while the price for Mexico ($1,750 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by India (+3.9%), 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 the United States

After three years of growth, shipments abroad of yarn of other vegetable textile fibres; paper yarns decreased by -11% to 1.1K tons in 2022. In general, exports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 4.2% against the previous year. As a result, the exports attained the peak of 1.3K tons, and then reduced in the following year.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns totaled $3.8M in 2022. The total export value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 10%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Mexico (876.8 tons)
2. Canada (164.9 tons)
3. Germany (32.2 tons)
4. Colombia (2.1 tons)

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in the United States

In 2022, imports of yarn of other vegetable textile fibres; paper yarns into the United States expanded notably to 800 tons, with an increase of 6.5% on the previous year's figure. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.5% 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 +75.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns shrank rapidly to $3.7M in 2022. The total import value increased at an average annual rate of +3.4% 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 when imports increased by 32%. As a result, imports attained the peak of $4.5M, and then shrank remarkably in the following year.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to the United States in 2022:

1. China (302.3 tons)
2. Sri Lanka (234.1 tons)
3. India (135.2 tons)
4. Romania (107.1 tons)
5. Spain (0.4 tons)

Source: IndexBox Market Intelligence Platform