Yarn; of Coir Price in the United States - 2023

Contents:

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

Yarn; of Coir Price in the United States (CIF) - 2022

In 2022, the average yarn; of coir import price amounted to $1,140 per ton, with an increase of 7.2% against the previous year. In general, the import price, however, saw a pronounced decline. The most prominent rate of growth was recorded in 2018 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs at $1,535 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,489 per ton), while the price for China ($673 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.2%), while the prices for the other major suppliers experienced a decline.

Yarn; of Coir Price in the United States (FOB) - 2022

In 2022, the average yarn; of coir export price amounted to $2,638 per ton, jumping by 150% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 389% against the previous year. As a result, the export price attained the peak level of $20,255 per ton. From 2020 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 Canada.

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +4.3% per year.

Yarn; of Coir Imports in the United States

In 2022, the amount of yarn; of coirs imported into the United States surged to 409 tons, jumping by 100% against 2021. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 314%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, yarn; of coir imports surged to $466K in 2022. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 322%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Yarn; of Coir to the United States in 2022:

1. Sri Lanka (234.2 tons)
2. India (134.2 tons)
3. China (39.8 tons)

Yarn; of Coir Exports in the United States

In 2022, the amount of yarn; of coirs exported from the United States skyrocketed to 12 tons, picking up by 268% on the previous year's figure. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, yarn; of coir exports soared to $32K in 2022. Over the period under review, exports, however, saw a dramatic decline.

Top Export Markets for Yarn; of Coir from the United States in 2022:

1. Canada (11.9 tons)

Source: IndexBox Market Intelligence Platform