Yarn; of Coir Price in Germany - 2023

Contents:

  1. Yarn; of Coir Price in Germany (CIF) - 2022
  2. Yarn; of Coir Price in Germany (FOB) - 2022
  3. Yarn; of Coir Imports in Germany
  4. Yarn; of Coir Exports in Germany

Yarn; of Coir Price in Germany (CIF) - 2022

The average yarn; of coir import price stood at $2,049 per ton in 2022, growing by 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2017 an increase of 33%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($2,162 per ton), while the price for India totaled $1,925 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.6%).

Yarn; of Coir Price in Germany (FOB) - 2022

In 2022, the average yarn; of coir export price amounted to $3,700 per ton, declining by -25% against the previous year. Over the period under review, the export price, however, saw a modest increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $4,936 per ton, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($12,929 per ton), while the average price for exports to the Netherlands ($3,027 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 (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Yarn; of Coir Imports in Germany

In 2022, yarn; of coir imports into Germany skyrocketed to 511 tons, jumping by 40% against the previous year. Over the period under review, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +56.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir imports soared to $1M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +89.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn; of Coir in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India7334916248434.8%
Sri Lanka51.837.054.712433.8%
Others29.324.145.479.339.4%
Total8145527241,0478.8%

Top Suppliers of Yarn; of Coir to Germany in 2022:

  1. India (437.8 tons)
  2. Sri Lanka (57.6 tons)

Yarn; of Coir Exports in Germany

In 2022, shipments abroad of yarn; of coirs was finally on the rise to reach 105 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir exports skyrocketed to $387K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Yarn; of Coir in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland6.113.611.972.9128.6%
France32.42.411.269.729.1%
Austria28.831.938.545.316.3%
Italy8.511.84.640.267.9%
Czech Republic8.99.010.131.051.6%
Switzerland9.78.414.224.836.7%
Belgium3.86.616.120.575.4%
Netherlands3.22.61.918.479.2%
Hungary4.95.93.812.034.8%
Romania4.33.9N/A7.922.5%
Sweden3.43.51.06.322.8%
United Kingdom9.78.5N/AN/A-12.4%
Others21.225.817.338.121.6%
Total14513413038738.7%

Top Export Markets for Yarn; of Coir from Germany in 2022:

  1. France (21.4 tons)
  2. Italy (13.2 tons)
  3. Austria (12.7 tons)
  4. Poland (11.0 tons)
  5. Czech Republic (8.6 tons)
  6. Switzerland (7.0 tons)
  7. Netherlands (6.1 tons)
  8. Belgium (5.5 tons)
  9. Hungary (3.7 tons)
  10. Romania (2.7 tons)
  11. Sweden (1.7 tons)

Source: IndexBox Market Intelligence Platform

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