
U.S. - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
Jute and Jute-Like Fibers Price per Ton April 2022
U.S. Jute And Jute-Like Fibers Price per Ton April 2022
The average import jute and jute-like fibers price per ton stood at $1,713 in Apr 2022, shrinking by -21.4% against the previous month. In general, the import price faced a abrupt contraction. The most prominent rate of growth was recorded in Feb 2022 a decrease of -2.3% against the previous month. The import price peaked at $3,011 per ton in Jan 2022; however, from Feb 2022 to Apr 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was India ($3,137 per ton), while the price for Bangladesh ($1,606 per ton) was amongst the lowest.
From Jan 2022 to Apr 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.0%), while the prices for the other major suppliers experienced a decline.
U.S. Jute And Jute-Like Fibers Imports
In Apr 2022, the amount of jute and jute-like fibers imported into the United States skyrocketed to 337 tons, increasing by 61% on Mar 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in Mar 2022 with an increase of 86% month-to-month. Imports peaked in Apr 2022 and are likely to continue growth in the near future.
In value terms, jute and jute-like fibers imports skyrocketed to $576K (IndexBox estimates) in Apr 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in Mar 2022 when imports increased by 38% against the previous month. Over the period under review, imports attained the peak figure in Apr 2022 and are expected to retain growth in the near future.
U.S. Jute And Jute-Like Fibers Imports Imports by Country
In Apr 2022, Bangladesh (314 tons) was the main jute and jute-like fibers supplier to the United States, with a 93% share of total imports. Moreover, jute and jute-like fibers imports from Bangladesh exceeded the figures recorded by the second-largest supplier, India (13 tons), more than tenfold.
From Jan 2022 to Apr 2022, the average monthly rate of growth in terms of volume from Bangladesh stood at +85.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+124.5% per month) and Pakistan (-30.1% per month).
In value terms, Bangladesh ($505K) constituted the largest supplier of jute and jute-like fibers to the United States, comprising 88% of total imports. The second position in the ranking was occupied by India ($42K), with a 7.2% share of total imports.
From Jan 2022 to Apr 2022, the average monthly growth rate of value from Bangladesh amounted to +38.7%. The remaining supplying countries recorded the following average monthly rates of imports growth: India (+52.3% per month) and Pakistan (-23.8% per month).
This report provides an in-depth analysis of the market for jute and jute-like fibers in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
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The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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