Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil - 2024

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil (CIF) - 2022
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil (CIF) - 2022

In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,560 per ton, picking up by 10% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $2,711 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Austria ($2,915 per ton) and the United States ($2,865 per ton), while the price for Hong Kong SAR ($2,383 per ton) and Germany ($2,397 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil (FOB) - 2022

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,000 per ton, with a decrease of -19% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 214%. As a result, the export price attained the peak level of $8,327 per ton. From 2019 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Chile.

From 2012 to 2022, the rate of growth in terms of prices for Peru amounted to +29.0% per year.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil

In 2022, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Brazil rose rapidly to 24K tons, growing by 14% compared with 2021. The total import volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $61M in 2022. In general, imports saw a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 80% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Brazil in 2022:

1. Indonesia (11.7K tons)
2. China (6.3K tons)
3. Austria (3.6K tons)
4. United States (0.7K tons)
5. India (0.6K tons)
6. Hong Kong SAR (0.4K tons)
7. Thailand (0.3K tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Brazil

Exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Brazil dropped sharply to 1 kg in 2022, which is down by -98.4% against 2021. Over the period under review, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 36% against the previous year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced sharply to $3 in 2022. In general, exports showed a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 242% against the previous year.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Brazil in 2022:

1. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform