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

Contents:

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

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

In 2022, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $2,764 per ton, declining by -30.6% against the previous year. Overall, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 89% against the previous year. Over the period under review, average import prices reached the peak figure at $4,712 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($2,650 per ton), while the price for Germany totaled $1,978 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.9%).

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

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $44,000 per ton in 2022, flattening at the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2017 an increase of 2.6%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +2.6% per year.

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

In 2022, imports of yarn; of jute or of other textile bast fibres, singles into Switzerland skyrocketed to 17 tons, rising by 85% against 2021 figures. In general, imports saw a buoyant expansion.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $48K in 2022. The total import value increased at an average annual rate of +12.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 Switzerland in 2022:

1. Bangladesh (15.8 tons)
2. Germany (1.3 tons)

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

In 2022, overseas shipments of yarn; of jute or of other textile bast fibres, singles decreased by 0% to 14 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant contraction. The growth pace was the most rapid in 2020 with an increase of 445% against the previous year. As a result, the exports reached the peak of 7.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles amounted to $616 in 2022. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 145% against the previous year. As a result, the exports reached the peak of $9.3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Germany (14.0 kg)

Source: IndexBox Market Intelligence Platform