DNFI World Natural Fibre Update January 2023

Less global natural fiber production

Depending on the continent and climate zone, natural fibers grow all year round. The dependence on local and global weather influences changes the quality and quantity of the fibers at the time of harvest or during and after cleaning and processing.

Geopolitical or regional events are other factors affecting the availability of natural fibers. In the case of statistical evaluations, it must be taken into account that some regional harvest periods also take place at the turn of the year.

World Natural Fibre Production in 2022 is estimated as of early January at 32 million tonnes, approximately one million below production in 2021 and down 900,000 tonnes compared with the estimate in early December.

Excerpt from the report January 2023:

….The nearby cotton futures contract on the Intercontinental Exchange was down just 1% in December and closed the year at …. The May and July 2023 contracts also finished 2022 at $1.84 per kilogram. In November …. Prices quoted by the Indian Jute Balers Association (JBA) at the end of December converted to US$ fell 2% from …. India extended the anti-dumping duty at the end of December on …. Prices of silk in China rose 2% during December to …. Coconut coir fibre in India quoted in US$ remained in a narrow range, averaging $0.205 per …. Coir and flax have each been trending upward over the …. silk production in China dropped from 170,000 tonnes in 2015 to …. World wool production is forecast up 5% in 2022 to 1.09 million tonnes (clean), the highest since …. numbers shorn in Australia are climbing from 67 million in 2020/21 to ….

Free Download of the three page report: “DNFI World Natural Fibre Update January 2023” on the original website.

Author

Terry Townsend

Source

DNFI, press release, 2023-01-08.

Supplier

DNFI Discover Natural Fibres Initiative

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