Yarn; of Coir Price in Spain - 2023

Contents:

1. Yarn; of Coir Price in Spain (CIF) - 2022
2. Yarn; of Coir Price in Spain (FOB) - 2022
3. Yarn; of Coir Imports in Spain
4. Yarn; of Coir Exports in Spain

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

The average yarn; of coir import price stood at $2,773 per ton in 2022, surging by 42% against the previous year. In general, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2021 an increase of 46% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($12,107 per ton), while the price for India ($1,143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.9%), while the prices for the other major suppliers experienced a decline.

Yarn; of Coir Price in Spain (FOB) - 2022

The average yarn; of coir export price stood at $2,600 per ton in 2022, shrinking by -4.9% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 31%. As a result, the export price reached the peak level of $2,733 per ton, and then fell slightly in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($2,613 per ton), while the average price for exports to Portugal amounted to $2,224 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Suriname (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.

Yarn; of Coir Imports in Spain

In 2022, the amount of yarn; of coirs imported into Spain expanded remarkably to 128 tons, increasing by 13% against 2021 figures. Overall, imports, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 256%.

In value terms, yarn; of coir imports soared to $356K in 2022. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 420% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. France (83.0 tons)
2. India (21.9 tons)
3. Sri Lanka (19.7 tons)
4. Thailand (3.8 tons)

Yarn; of Coir Exports in Spain

In 2022, shipments abroad of yarn; of coirs decreased by -19.1% to 17 tons, falling for the second year in a row after two years of growth. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 17%. As a result, the exports attained the peak of 35 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, yarn; of coir exports declined dramatically to $44K in 2022. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 26%. As a result, the exports attained the peak of $73K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Yarn; of Coir from Spain in 2022:

1. Morocco (15.7 tons)
2. Portugal (1.3 tons)

Source: IndexBox Market Intelligence Platform