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

Contents:

1. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Uzbekistan (CIF) - 2023
2. Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Uzbekistan (FOB) - 2022
3. Imports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Uzbekistan
4. Exports of Yarn; of Jute or of Other Textile Bast Fibres, Single in Uzbekistan

Price for Yarn; of Jute or of Other Textile Bast Fibres, Single in Uzbekistan (CIF) - 2023

In October 2023, the average import price for yarn; of jute or of other textile bast fibres, singles amounted to $1,058 per ton, growing by 5.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 an increase of 10% against the previous month. As a result, import price attained the peak level of $1,166 per ton. From March 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Bangladesh ($1,068 per ton), while the price for Turkey totaled $990 per ton.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+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 Uzbekistan (FOB) - 2022

The average export price for yarn; of jute or of other textile bast fibres, singles stood at $905 per ton in 2022, with an increase of 5.7% against the previous year. Overall, export price indicated a notable expansion from 2014 to 2022: its price increased at an average annual rate of +3.3% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn; of jute or of other textile bast fibres, singles decreased by -6.9% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 64%. As a result, the export price attained the peak level of $1,141 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tajikistan ($908 per ton), while the average price for exports to Kyrgyzstan totaled $353 per ton.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-0.1%).

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

In 2022, imports of yarn; of jute or of other textile bast fibres, singles into Uzbekistan skyrocketed to 19K tons, picking up by 44% against the year before. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.5% against 2020 indices. 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 $19M in 2022. Overall, imports recorded significant growth. 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 Uzbekistan in 2022:

1. Bangladesh (14.9K tons)
2. Iran (2.9K tons)
3. Turkey (0.8K tons)

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

In 2022, approx. 46 tons of yarn; of jute or of other textile bast fibres, singles were exported from Uzbekistan; which is down by -40.9% compared with 2021. Over the period under review, exports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year.

In value terms, exports of yarn; of jute or of other textile bast fibres, singles reduced notably to $41K in 2022. In general, exports showed a sharp reduction. The pace of growth was the most pronounced in 2021 when exports increased by 55%.

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

1. Tajikistan (45.5 tons)

Source: IndexBox Market Intelligence Platform