Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia - 2022

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia (CIF) - 2022
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia (CIF) - 2022

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,449 per ton in 2022, waning by -79.3% against the previous year. Overall, the import price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2014 an increase of 49%. Over the period under review, average import prices hit record highs at $18,515 per ton in 2020; however, from 2021 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 Bangladesh.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +44.3% per year.

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia (FOB) - 2022

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $67,200 per ton in 2022, almost unchanged from the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Costa Rica ($78,750 per ton), while the average price for exports to Aruba amounted to $21,000 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+58.3%).

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia

Imports of yarn; of jute or of other textile bast fibres, singles into Colombia soared to 32 tons in 2022, with an increase of 153,900% compared with the year before. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $79K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn; of Jute or of Other Textile Bast Fibres, Single to Colombia in 2022:

1. Bangladesh (32.0 tons)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Colombia

Exports of yarn; of jute or of other textile bast fibres, singles from Colombia stood at 5 kg in 2022, remaining stable against 2021 figures. In general, exports faced a dramatic downturn. The smallest decline of 99.9% was in 2021.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles stood at $336 in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of 99.9% was in 2021.

Top Export Markets for Yarn; of Jute or of Other Textile Bast Fibres, Single from Colombia in 2022:

1. Costa Rica (4.0 kg)
2. Aruba (1.0 kg)

Source: IndexBox Market Intelligence Platform