Yarn; of Coir Price in Luxembourg - 2023

Contents:

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

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

The average yarn; of coir import price stood at $10,589 per ton in 2022, falling by -33.6% against the previous year. Over the period under review, the import price, however, recorded moderate growth. The pace of growth appeared the most rapid in 2015 an increase of 81% against the previous year. The import price peaked at $18,210 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,622 per ton), while the price for China ($2,962 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average yarn; of coir export price stood at $3,000 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price faced a sharp shrinkage. The growth pace was the most rapid in 2020 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure at $639,000 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to -57.2% per year.

Yarn; of Coir Imports in Luxembourg

For the third year in a row, Luxembourg recorded decline in supplies from abroad of yarn; of coirs, which decreased by -25.3% to 1.2 tons in 2022. In general, imports recorded a precipitous descent. The smallest decline of -16.6% was in 2020.

In value terms, yarn; of coir imports fell sharply to $12K in 2022. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 6.5%. As a result, imports attained the peak of $25K, and then dropped significantly in the following year.

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

1. Germany (969.0 kg)
2. India (90.0 kg)
3. Sri Lanka (33.0 kg)
4. China (26.0 kg)
5. Belgium (13.0 kg)

Yarn; of Coir Exports in Luxembourg

In 2022, overseas shipments of yarn; of coirs decreased by 0% to 2 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, yarn; of coir exports stood at $6 in 2022. Over the period under review, exports enjoyed a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Belgium (2.0 kg)

Source: IndexBox Market Intelligence Platform