Yarn; of Coir Price in Italy - 2023

Contents:

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

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

The average yarn; of coir import price stood at $1,204 per ton in 2022, rising by 21% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $1,219 per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Greece ($5,792 per ton), while the price for India totaled $1,016 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.2%).

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

The average yarn; of coir export price stood at $616 per ton in 2022, declining by -51.2% against the previous year. In general, the export price recorded a significant contraction. The pace of growth appeared the most rapid in 2016 an increase of 531%. As a result, the export price reached the peak level of $39,758 per ton. From 2017 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +13.8% per year.

Yarn; of Coir Imports in Italy

In 2022, approx. 1K tons of yarn; of coirs were imported into Italy; falling by -11.3% against 2021 figures. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +7.0% 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 +34.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 52%. As a result, imports reached the peak of 1.2K tons, and then dropped in the following year.

In value terms, yarn; of coir imports totaled $1.3M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +80.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 69% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

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

1. India (1000.5 tons)
2. Greece (40.4 tons)

Yarn; of Coir Exports in Italy

In 2022, yarn; of coir exports from Italy skyrocketed to 28 tons, rising by 167% compared with 2021. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 6,192% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, yarn; of coir exports surged to $17K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 241% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. Senegal (27.6 tons)

Source: IndexBox Market Intelligence Platform