Yarn; of Coir Price in Australia - 2022
Contents:
- Yarn; of Coir Price in Australia (FOB) - 2022
- Yarn; of Coir Price in Australia (CIF) - 2022
- Yarn; of Coir Exports in Australia
- Yarn; of Coir Imports in Australia
Yarn; of Coir Price in Australia (FOB) - 2022
In 2022, the average yarn; of coir export price amounted to $1,671 per ton, picking up by 68% against the previous year. In general, the export price, however, continues to indicate a noticeable slump. Over the period under review, the average export prices hit record highs at $2,272 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Christmas Island.
From 2012 to 2022, the rate of growth in terms of prices for Christmas Island amounted to +16.6% per year.
Yarn; of Coir Price in Australia (CIF) - 2022
In 2022, the average yarn; of coir import price amounted to $2,011 per ton, surging by 12% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $2,064 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Sri Lanka.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +0.5% per year.
Yarn; of Coir Exports in Australia
In 2022, overseas shipments of yarn; of coirs decreased by -62.4% to 1.1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. As a result, the exports attained the peak of 4.8 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, yarn; of coir exports contracted notably to $1.9K in 2022. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2020 with an increase of 31% against the previous year. As a result, the exports attained the peak of $4K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Yarn; of Coir in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Christmas Island | N/A | N/A | N/A | 1.9 | 0% |
| Japan | N/A | N/A | 1.7 | N/A | 0% |
| United States | N/A | N/A | 1.2 | N/A | 0% |
| Papua New Guinea | 1.0 | 0.3 | N/A | N/A | -70.0% |
| New Caledonia | N/A | 3.1 | N/A | N/A | 0% |
| Maldives | 2.1 | 0.6 | N/A | N/A | -71.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.1 | 4.0 | 2.9 | 1.9 | -15.1% |
Top Export Markets for Yarn; of Coir from Australia in 2022:
- Christmas Island (1.1 tons)
Yarn; of Coir Imports in Australia
In 2022, imports of yarn; of coirs into Australia rose markedly to 23 tons, surging by 6.9% compared with the previous year's figure. Overall, imports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 7% against the previous year.
In value terms, yarn; of coir imports skyrocketed to $47K in 2022. In general, imports, however, recorded a noticeable curtailment.
| Import of Yarn; of Coir in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 51.7 | 34.7 | 37.2 | 42.6 | -6.2% |
| Others | 2.4 | 1.5 | 1.7 | 4.0 | 18.6% |
| Total | 54.2 | 36.3 | 38.9 | 46.6 | -4.9% |
Top Suppliers of Yarn; of Coir to Australia in 2022:
- Sri Lanka (23.2 tons)
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