Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina - 2022
Contents:
- Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina (CIF) - 2022
- Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina
Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina (CIF) - 2022
The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,431 per ton in 2022, surging by 11% against the previous year. Overall, the import price continues to indicate measured growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 35% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,295 per ton), while the price for Bangladesh stood at $2,194 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.3%).
Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina
In 2022, supplies from abroad of yarn; of jute or of other textile bast fibres, singles decreased by -29.2% to 28 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 92%. As a result, imports attained the peak of 40 tons, and then reduced remarkably in the following year.
In value terms, imports of yarn; of jute or of other textile bast fibres, singles contracted notably to $68K in 2022. In general, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 159%. As a result, imports reached the peak of $87K, and then reduced dramatically in the following year.
| Import of Yarn; of Jute or of Other Textile Bast Fibres, Single in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 16.2 | 5.9 | 53.1 | 48.3 | 43.9% |
| India | 4.4 | 10.4 | 33.7 | 19.8 | 65.1% |
| Pakistan | N/A | 13.4 | N/A | N/A | 0% |
| Brazil | N/A | 3.9 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.6 | 33.5 | 86.8 | 68.1 | 49.0% |
Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Argentina in 2022:
- Bangladesh (22.0 tons)
- India (6.0 tons)
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