Yarn; of Coir Price in Serbia - 2023

Contents:

1. Yarn; of Coir Price in Serbia (CIF) - 2022
2. Yarn; of Coir Imports in Serbia

Yarn; of Coir Price in Serbia (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $9,043 per ton, growing by 69% against the previous year. In general, the import price recorded a perceptible expansion. The pace of growth appeared the most rapid in 2018 an increase of 110%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($52,500 per ton), while the price for India stood at $4,905 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+13.3%).

Yarn; of Coir Imports in Serbia

In 2022, imports of yarn; of coirs into Serbia shrank notably to 23 kg, which is down by -32.4% against the year before. In general, imports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 162%. As a result, imports attained the peak of 34 kg, and then reduced sharply in the following year.

In value terms, yarn; of coir imports expanded significantly to $208 in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 109% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Yarn; of Coir to Serbia in 2022:

1. India (21.0 kg)
2. Sri Lanka (2.0 kg)

Source: IndexBox Market Intelligence Platform