Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Denmark - 2023

Contents:

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

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

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $8,852 per ton, surging by 18% against the previous year. Overall, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 1,413% against the previous year. As a result, import price reached the peak level of $30,603 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8,856 per ton), while the price for China totaled $8,843 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+17.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $21,844 per ton in 2022, increasing by 6.3% against the previous year. Overall, the export price posted prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 242%. The export price peaked in 2022 and is likely to see gradual 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 Norway ($37,011 per ton), while the average price for exports to Sweden ($4,905 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 Norway (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of yarn; of jute or of other textile bast fibres, singles into Denmark dropped significantly to 2.2 tons in 2022, reducing by -69.5% against the year before. Over the period under review, imports showed a sharp contraction. The growth pace was the most rapid in 2021 with an increase of 4,942%.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles contracted dramatically to $20K in 2022. In general, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 1,134% against the previous year.

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

1. India (1596.0 kg)
2. China (644.0 kg)

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

In 2022, overseas shipments of yarn; of jute or of other textile bast fibres, singles were finally on the rise to reach 218 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a precipitous setback.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $4.8K in 2022. Over the period under review, exports, however, saw a significant curtailment.

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

1. Norway (89.0 kg)
2. United Kingdom (76.0 kg)
3. Switzerland (32.0 kg)
4. Sweden (21.0 kg)

Source: IndexBox Market Intelligence Platform