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

Contents:

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

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

The average import price for yarn; of jute or of other textile bast fibres, singles stood at $2,045 per ton in 2022, with a decrease of -7.4% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yarn; of jute or of other textile bast fibres, singles increased by +76.3% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. As a result, import price attained the peak level of $2,209 per ton, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($8,000 per ton), while the price for Bangladesh ($2,012 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.4%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for yarn; of jute or of other textile bast fibres, singles amounted to $1,546 per ton, which is down by -1.8% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 88% against the previous year. The export price peaked at $9,592 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,546 per ton), while the average price for exports to Slovakia stood at $1,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.4%).

Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the Czech Republic

In 2022, after two years of decline, there was significant growth in overseas purchases of yarn; of jute or of other textile bast fibres, singles, when their volume increased by 52% to 115 tons. Overall, imports, however, recorded a drastic downturn.

In value terms, imports of yarn; of jute or of other textile bast fibres, singles skyrocketed to $236K in 2022. In general, total imports indicated a perceptible expansion from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.0% against 2020 indices. 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 the Czech Republic in 2022:

1. Bangladesh (107.3 tons)
2. Belgium (7.8 tons)

Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in the Czech Republic

In 2022, exports of yarn; of jute or of other textile bast fibres, singles from the Czech Republic expanded notably to 122 tons, growing by 10% compared with 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 33,826%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles stood at $188K in 2022. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 24,801%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (121.7 tons)

Source: IndexBox Market Intelligence Platform