Yarn; of Coir Price in Saudi Arabia - 2021
Contents:
Yarn; of Coir Price in Saudi Arabia (CIF) - 2022
The average yarn; of coir import price stood at $982 per ton in 2022, waning by -10.2% against the previous year. In general, the import price showed a sharp curtailment. Over the period under review, average import prices reached the maximum at $22,839 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2015 to 2022, the rate of growth in terms of prices for India amounted to +3.3% per year.
Yarn; of Coir Imports in Saudi Arabia
In 2022, purchases abroad of yarn; of coirs decreased by -4.8% to 77 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 915%.
In value terms, yarn; of coir imports fell to $76K in 2022. Over the period under review, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 505% against the previous year.
| Import of Yarn; of Coir in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 10.4 | 62.9 | 88.3 | 75.7 | 93.8% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 10.4 | 62.9 | 88.6 | 75.7 | 93.8% |
Top Suppliers of Yarn; of Coir to Saudi Arabia in 2022:
- India (77.2 tons)
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