Yarn; of Coir Price in the United Arab Emirates - 2021

Contents:

1. Yarn; of Coir Price in the United Arab Emirates (CIF) - 2022
2. Yarn; of Coir Price in the United Arab Emirates (FOB) - 2022
3. Yarn; of Coir Imports in the United Arab Emirates
4. Yarn; of Coir Exports in the United Arab Emirates

Yarn; of Coir Price in the United Arab Emirates (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $711 per ton, dropping by -11.5% against the previous year. In general, the import price recorded a mild contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 29%. The import price peaked at $986 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -1.8% per year.

Yarn; of Coir Price in the United Arab Emirates (FOB) - 2022

In 2022, the average yarn; of coir export price amounted to $2,310 per ton, with an increase of 138% against the previous year. In general, the export price continues to indicate a prominent increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($3,182 per ton), while the average price for exports to Yemen amounted to $2,057 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+228.0%), while the prices for the other major destinations experienced mixed trend patterns.

Yarn; of Coir Imports in the United Arab Emirates

In 2022, approx. 246 tons of yarn; of coirs were imported into the United Arab Emirates; growing by 61% against the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir imports skyrocketed to $175K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 +77.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn; of Coir to the United Arab Emirates in 2022:

1. India (245.9 tons)

Yarn; of Coir Exports in the United Arab Emirates

After three years of growth, shipments abroad of yarn; of coirs decreased by -92.4% to 4.2 tons in 2022. Over the period under review, exports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, the exports attained the peak of 55 tons, and then dropped markedly in the following year.

In value terms, yarn; of coir exports reduced rapidly to $9.8K in 2022. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 54% against the previous year.

Top Export Markets for Yarn; of Coir from the United Arab Emirates in 2022:

1. Yemen (3.3 tons)
2. Qatar (0.9 tons)

Source: IndexBox Market Intelligence Platform