Yarn; of Coir Price in Switzerland - 2023

Contents:

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

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

In 2022, the average yarn; of coir import price amounted to $2,867 per ton, with a decrease of -5.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2015 when the average import price increased by 29%. The import price peaked at $3,040 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,373 per ton), while the price for India ($2,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average yarn; of coir export price amounted to $4,898 per ton, approximately reflecting the previous year. Overall, the export price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 701%. As a result, the export price reached the peak level of $29,227 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($13,000 per ton), while the average price for exports to the Czech Republic ($4,636 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 Germany (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.

Yarn; of Coir Imports in Switzerland

After three years of growth, supplies from abroad of yarn; of coirs decreased by -0.3% to 78 tons in 2022. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.1% 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 +77.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 45%. As a result, imports reached the peak of 79 tons, leveling off in the following year.

In value terms, yarn; of coir imports reduced to $225K in 2022. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports attained the peak of $239K, and then dropped in the following year.

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

1. India (53.2 tons)
2. Sri Lanka (23.4 tons)

Yarn; of Coir Exports in Switzerland

Yarn; of coir exports from Switzerland skyrocketed to 558 kg in 2022, rising by 29% against 2021 figures. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year.

In value terms, yarn; of coir exports soared to $2.7K in 2022. Over the period under review, exports, however, faced a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 29%.

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

1. Czech Republic (517.0 kg)
2. Sweden (20.0 kg)
3. France (20.0 kg)
4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform