Yarn; of Coir Price in the Philippines - 2022
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Yarn; of Coir Price in the Philippines (FOB) - 2022
In 2022, the average yarn; of coir export price amounted to $19,000 per ton, with an increase of 441% against the previous year. Over the period under review, the export price enjoyed significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Mexico.
From 2015 to 2022, the rate of growth in terms of prices for Vietnam amounted to 0.0% per year.
Yarn; of Coir Exports in the Philippines
In 2022, approx. 8 kg of yarn; of coirs were exported from the Philippines; with a decrease of -97.9% on the year before. In general, exports saw a precipitous curtailment.
In value terms, yarn; of coir exports declined dramatically to $152 in 2022. Over the period under review, exports continue to indicate a precipitous contraction.
| Export of Yarn; of Coir in the Philippines (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Mexico | N/A | 152 | 0% | ||
| Vietnam | 1,335 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,335 | 152 | -88.6% | ||
Top Export Markets for Yarn; of Coir from the Philippines in 2022:
- Mexico (8.0 kg)
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