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India's yarn exports suffer 15.89% drop in average prices in 2023

In ****, the total yarn export from India was reported to be *,***.*** million kg, with the total shipment value amounting to $*.*** billion, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. The average export price of yarn during that year was substantial at $*.** billion. Consequently, the current year witnessed a decrease in the average export price of yarn by **.** per cent, registering at $*.** per kg. To provide a historical context, the prices were documented at $*.**/kg in ****, $*.**/kg in ****, and $*.**/kg in ****. 

While the average price of yarn exports saw an upswing in ****, the total value and quantity observed a decline compared to ****. India exported yarn worth $*.*** billion (*.*** million kg) in ****, $*.*** billion (*.*** million kg) in ****, and $*.*** billion (*.*** million kg) in ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro.