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

Contents:

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

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,003 per ton in September 2022, remaining relatively unchanged against the previous month. Over the period under review, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in May 2022 when the average import price increased by 25% against the previous month. As a result, import price reached the peak level of $3,968 per ton. From June 2022 to September 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bangladesh.

From September 2021 to September 2022, the rate of growth in terms of prices for Bangladesh amounted to 0.0% per month.

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

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $602 per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 an increase of 106% against the previous year. As a result, the export price reached the peak level of $6,863 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -12.2% per year.

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

In 2022, the amount of yarn; of jute or of other textile bast fibres, singles imported into Singapore soared to 204 tons, growing by 4,630% against the previous year. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 6,858%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles surged to $297K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 3,964% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Bangladesh (203.6 tons)

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

After two years of decline, shipments abroad of yarn; of jute or of other textile bast fibres, singles decreased by -50% to 5.7 tons in 2022. Overall, exports, however, continue to indicate a significant expansion.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles reduced dramatically to $3.4K in 2022. Over the period under review, exports, however, recorded a significant increase.

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

1. Egypt (5.7 tons)

Source: IndexBox Market Intelligence Platform