U.S. - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Jute and Jute-Like Fibers in the United States - 2023
Contents:
- Price for Jute and Jute-Like Fibers in the United States (CIF) - 2023
- Price for Jute and Jute-Like Fibers in the United States (FOB) - 2022
- Imports of Jute and Jute-Like Fibers in the United States
- Exports of Jute and Jute-Like Fibers in the United States
Price for Jute and Jute-Like Fibers in the United States (CIF) - 2023
The average jute and jute-like fibers import price stood at $2,243 per ton in August 2023, with an increase of 75% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $2,399 per ton in August 2022; however, from September 2022 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was India ($4,018 per ton), while the price for Bangladesh ($1,404 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+1.3%), while the prices for the other major suppliers experienced a decline.
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Price for Jute and Jute-Like Fibers in the United States (FOB) - 2022
In 2022, the average jute and jute-like fibers export price amounted to $836 per ton, jumping by 71% against the previous year. In general, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $934 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 the UK ($224,500 per ton), while the average price for exports to Peru ($268 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 the UK (+99.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Jute and Jute-Like Fibers in the United States
Jute and jute-like fibers imports into the United States dropped rapidly to 2.6K tons in 2022, waning by -15.1% compared with 2021. Over the period under review, total imports indicated a tangible increase from 2019 to 2022: its volume increased at an average annual rate of +2.4% 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 +49.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 76%. As a result, imports reached the peak of 3K tons, and then shrank rapidly in the following year.
In value terms, jute and jute-like fibers imports soared to $5.4M in 2022. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 142%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Jute and Jute-Like Fibers in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 1,482 | 1,166 | 2,359 | 4,035 | 39.6% |
| India | 288 | 108 | 501 | 867 | 44.4% |
| Pakistan | N/A | N/A | 184 | 267 | 45.1% |
| South Korea | 551 | 104 | 11.8 | 43.7 | -57.0% |
| Sri Lanka | N/A | N/A | N/A | 20.2 | 0% |
| Turkey | N/A | 91.1 | 143 | N/A | 57.0% |
| Others | 233 | 82.7 | 559 | 171 | -9.8% |
| Total | 2,553 | 1,551 | 3,757 | 5,404 | 28.4% |
Top Suppliers of Jute and Jute-Like Fibers to the United States in 2022:
- Bangladesh (2110.8 tons)
- India (261.0 tons)
- Pakistan (101.8 tons)
- Sri Lanka (43.1 tons)
- South Korea (8.5 tons)
Exports of Jute and Jute-Like Fibers in the United States
In 2022, the amount of jute and jute-like fibers exported from the United States expanded to 1.7K tons, growing by 2.3% on the previous year. In general, exports, however, continue to indicate a pronounced setback. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, jute and jute-like fibers exports soared to $1.4M in 2022. Overall, exports, however, showed a deep reduction.
| Export of Jute and Jute-Like Fibers in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 3.2 | 73.6 | N/A | 192 | 291.5% |
| Mexico | 653 | 354 | 81.8 | 178 | -35.2% |
| Spain | N/A | N/A | N/A | 124 | 0% |
| Nigeria | 657 | 309 | 303 | 108 | -45.2% |
| Canada | 110 | 213 | 317 | 78.5 | -10.6% |
| Israel | N/A | N/A | N/A | 60.2 | 0% |
| Peru | N/A | 10.4 | N/A | 17.2 | 28.6% |
| United Kingdom | 125 | N/A | N/A | 4.0 | -68.3% |
| Dominican Republic | 35.8 | 117 | 37.8 | N/A | 2.8% |
| Greece | 68.9 | 613 | N/A | N/A | 789.7% |
| Others | 114 | 153 | 82.6 | 679 | 81.3% |
| Total | 1,767 | 1,843 | 822 | 1,441 | -6.6% |
Top Export Markets for Jute and Jute-Like Fibers from the United States in 2022:
- United Kingdom (undefined tons)
- Colombia (694.0 tons)
- Israel (224.5 tons)
- Mexico (197.2 tons)
- Nigeria (147.3 tons)
- Canada (140.2 tons)
- Peru (64.1 tons)
- Spain (62.6 tons)
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.
Product coverage:
- FCL 780 - Jute
- FCL 782 - Jute-like fibres
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the market for jute and jute-like fibers in the U.S..
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This report provides an in-depth analysis of the global market for jute and jute-like fibers.
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This report provides an in-depth analysis of the market for jute and jute-like fibers in the U.S..
5653
This report provides an in-depth analysis of the global market for jute and jute-like fibers.
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In July 2022, the jute and jute-like fibers price per ton amounted to $2,463, with an increase of 24% against the previous month.
230
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.
862
Bangladesh dominates jute exports structure, reaching 229K tons, which was near 79% of total exports in 2018.
1366
In value terms, jute and other textile bast fibers imports amounted to $X in 2016. Overall, it indicated a significant growth from 2007 to 2016: the total imports value decreased at an average annu...
3228
In value terms, yarn of jute imports totaled $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the l...
591
In value terms, jute and other textile bast fibers exports amounted to $X in 2016. Overall, jute and other textile bast fibers exports continue to indicate a relatively flat trend pattern. Over the...
973
In value terms, yarn of jute exports amounted to $X in 2016. Overall, it indicated a remarkable growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over t...
3068
Global jute consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
1604
In 2015, the countries with the highest levels of jute production were India (X thousand tons), Bangladesh (X thousand tons), China (X thousand tons), together accounting for X% of total output.
2211
The United Republic of Tanzania dominates in the global jute trade. In 2014, the United Republic of Tanzania exported X thousand tons of jute totaling X million USD, X% over the previous year. Its primary trading partner was China, where it suppli
