Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia - 2023

Contents:

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

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

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,944 per ton in 2022, increasing by 19% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 28%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,358 per ton), while the price for Thailand ($2,580 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), 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 Estonia (FOB) - 2022

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,146 per ton in 2022, surging by 51% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 121% against the previous year. The export price peaked at $5,563 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($3,995 per ton), while the average price for exports to the Netherlands totaled $3,067 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -57.4% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced remarkably to $4.9M in 2022. In general, imports, however, showed pronounced growth. The pace of growth was the most pronounced in 2020 with an increase of 66%.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand0.11.23.62.2180.2%
Austria1.44.94.41.40.0%
ChinaN/AN/AN/A1.10%
Germany0.11.21.10.10.0%
Indonesia2.20.10.5N/A-52.3%
Others0.7N/A0.20.1-47.7%
Total4.57.49.84.92.9%

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

  1. Thailand (869.8 tons)
  2. Austria (502.0 tons)
  3. China (257.3 tons)
  4. Germany (22.0 tons)

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

In 2022, approx. 2.3 tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were exported from Estonia; declining by -77.2% against the previous year's figure. In general, exports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 338,900%. As a result, the exports reached the peak of 10 tons, and then declined notably in the following year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped notably to $7.3K in 2022. Over the period under review, exports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 193,136% against the previous year. As a result, the exports reached the peak of $21K, and then contracted sharply in the following year.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.5N/A0.26.537.5%
SwedenN/AN/AN/A0.80%
Germany7.4N/A3.4N/A-32.2%
ItalyN/AN/A17.7N/A0%
OthersN/AN/AN/AN/A0%
Total9.9N/A21.37.3-9.7%

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

  1. Netherlands (2.1 tons)
  2. Sweden (0.2 tons)

Source: IndexBox Market Intelligence Platform

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