Artificial Staple Fibre Market
Artificial staple fibre market: download the most recent datasets secured by an Ai-driven market research tool. Information cover consumption, market prices, imports, exports, production, market size, companies, and trade. Here is a split by region, including EU, Latin America, Russia, the U.K., the Middle East, the U.S., China, and Africa. Market trends and outlook to 2030 are also featured in the snapshots.
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Artificial Staple Fibre - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Brazil |
| 3 | Japan |
| 4 | Russia |
| 5 | Mexico |
In value terms, the largest artificial staple fibre markets worldwide were China, Brazil and Japan, with a combined 21% share of the global market. Russia, Mexico, India, Germany, the United States, Nigeria, Bangladesh, Pakistan, Turkey and Indonesia lagged somewhat behind, together comprising a further 26%.
Bangladesh recorded the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while artificial staple fibre market for the other global leaders experienced more modest paces of growth.
Artificial Staple Fibre Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Turkey | 1654 | 1086 | 573 | -41.1% |
| Saudi Arabia | 1042 | 608 | 608 | -23.6% |
| United States | 2240 | 1409 | 1740 | -11.9% |
| China | 2469 | 2156 | 1867 | -13.0% |
| United Arab Emirates | 2885 | 2792 | 2595 | -5.2% |
| South Korea | 3748 | 3526 | 3309 | -6.0% |
| Spain | 3926 | 3446 | 4070 | 1.8% |
| Egypt | 2423 | 5859 | 5859 | 55.5% |
| Germany | 5550 | 5548 | 6165 | 5.4% |
| Italy | 7497 | 7029 | 7115 | -2.6% |
| Austria | 13350 | 12610 | 13238 | -0.4% |
| Average | 3848 | 3493 | 3045 | -11.0% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Austria ($13,238 per ton), while Turkey ($573 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Egypt (+55.5% per year), while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Belgium | 13535 | 12756 | 10017 | -14.0% |
| Bulgaria | 7933 | 7603 | 7997 | 0.4% |
| China | 3676 | 3176 | 5547 | 22.8% |
| Honduras | 4915 | 4903 | 4988 | 0.7% |
| Italy | 4861 | 4778 | 4908 | 0.5% |
| Egypt | 3306 | 3547 | 3668 | 5.3% |
| United States | 5414 | 5227 | 3099 | -24.3% |
| Austria | 5106 | 3572 | 2476 | -30.4% |
| Democratic People's Republic of Korea | 1633 | 1510 | 1510 | -3.8% |
| Saudi Arabia | 808 | 482 | 210 | -49.0% |
| Average | 3604 | 3815 | 2345 | -19.3% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Belgium ($10,017 per ton), while Saudi Arabia ($210 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Artificial Staple Fibre - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Belgium | 1.4 | 3.7 | 3.2 | 49.2% |
| Italy | 2.8 | 2.9 | 3.2 | 7.8% |
| Egypt | 0.5 | 0.7 | 2.6 | 137.3% |
| Honduras | 2.7 | 1.9 | 1.8 | -17.1% |
| China | 2.4 | 2.8 | 1.5 | -21.2% |
In value terms, the largest artificial staple fibre importing markets worldwide were Belgium ($3.2M), Italy ($3.2M) and Egypt ($2.6M), with a combined 33% share of global imports.
Egypt (+137.3% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Artificial Staple Fibre - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| China | 8.7 | 8.9 | 5.1 | -23.2% |
| Austria | 4.4 | 6.2 | 5 | 7.2% |
| Germany | 6.2 | 6.1 | 5 | -10.2% |
| United Arab Emirates | 1.6 | 1.8 | 2.2 | 19.3% |
| Italy | 1.7 | 1.8 | 1.6 | -3.2% |
In value terms, the largest artificial staple fibre supplying countries worldwide were China ($5.1M), Austria ($5M) and Germany ($5M), together comprising 56% of global exports. The United Arab Emirates, Italy, Turkey, Egypt, Spain, the United States, South Korea and Saudi Arabia lagged somewhat behind, together comprising a further 32%.
In terms of the main exporting countries, Egypt (+174.6% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Artificial Staple Fibre - Market Forecast
Driven by increasing demand for artificial staple fibre worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Artificial Staple Fibre - Product Coverage
- HS 5507 - Artificial staple fibres, carded, combed or otherwise processed for spinning
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