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

Contents:

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

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

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,213 per ton, dropping by -27.6% against the previous year. In general, the export price, however, saw slight growth. The pace of growth was the most pronounced in 2014 an increase of 426% against the previous year. Over the period under review, the average export prices reached the peak figure at $27,867 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13,600 per ton), while the average price for exports to Japan ($965 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+40.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas shipments of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -62.6% to 34 tons in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 12,114%. As a result, the exports reached the peak of 90 tons, and then declined markedly in the following year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning contracted sharply to $108K in 2022. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 21,944% against the previous year. As a result, the exports attained the peak of $398K, and then shrank sharply in the following year.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A22595.6-57.5%
Turkey0.20.10.94.5182.3%
JapanN/AN/A1.73.394.1%
PakistanN/A0.21.31.5173.9%
MexicoN/A0.2160N/A79900.0%
Others6.41.39.23.1-21.5%
Total6.61.8398108153.9%

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

  1. Italy (27.7 tons)
  2. Japan (3.4 tons)
  3. Turkey (1.4 tons)
  4. Pakistan (0.7 tons)

Source: IndexBox Market Intelligence Platform

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