Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy - 2023
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (CIF) - 2023
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (CIF) - 2023
The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,470 per ton in December 2023, surging by 12% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The import price peaked at $2,545 per ton in December 2022; afterwards, it flattened through to December 2023.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the highest price was recorded for prices from China ($2,414 per ton) and India ($2,214 per ton), while the price for Indonesia ($1,696 per ton) and Thailand ($1,843 per ton) were amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (FOB) - 2022
In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,460 per ton, with an increase of 22% against the previous year. In general, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 32%. As a result, the export price reached the peak level of $5,489 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($12,982 per ton), while the average price for exports to Algeria ($1,906 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 Bosnia and Herzegovina (+16.8%), 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 Italy
Imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Italy totaled 27K tons in 2022, remaining constant against the year before. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 21%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning rose remarkably to $68M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 39%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 23.9 | 21.8 | 30.9 | 38.8 | 17.5% |
| Thailand | 3.9 | 3.7 | 5.2 | 9.1 | 32.6% |
| China | 2.2 | 2.9 | 7.3 | 7.9 | 53.1% |
| Germany | 4.2 | 3.9 | 6.9 | 6.0 | 12.6% |
| India | 1.2 | 1.2 | 1.5 | 2.7 | 31.0% |
| Taiwan (Chinese) | 1.7 | 2.4 | 2.1 | 1.1 | -13.5% |
| Indonesia | 1.7 | 1.4 | 1.0 | 0.9 | -19.1% |
| Others | 5.8 | 5.3 | 4.7 | 1.8 | -32.3% |
| Total | 44.6 | 42.6 | 59.5 | 68.2 | 15.2% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Italy in 2022:
- Austria (14.6K tons)
- Thailand (3.8K tons)
- Germany (3.0K tons)
- China (2.9K tons)
- India (1.0K tons)
- Taiwan (Chinese) (0.5K tons)
- Indonesia (0.4K tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy
In 2022, approx. 1.9K tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were exported from Italy; with a decrease of -24.7% on the previous year's figure. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning contracted to $6.5M in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 41%.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 513 | 390 | 744 | 1,366 | 38.6% |
| France | 1,627 | 525 | 849 | 1,280 | -7.7% |
| China | 639 | 572 | 753 | 640 | 0.1% |
| Pakistan | 962 | 860 | 1,366 | 576 | -15.7% |
| Hungary | 802 | 336 | 747 | 331 | -25.5% |
| Algeria | 70.4 | 430 | 331 | 308 | 63.6% |
| India | 279 | 50.9 | 185 | 267 | -1.5% |
| Morocco | N/A | 139 | 61.7 | 214 | 24.1% |
| Spain | 468 | 148 | 214 | 147 | -32.0% |
| United States | 127 | N/A | 99.1 | 132 | 1.3% |
| Peru | N/A | 46.5 | 160 | 108 | 52.4% |
| Germany | 1,117 | 80.4 | 111 | 103 | -54.8% |
| Poland | 219 | 127 | 124 | 81.4 | -28.1% |
| Others | 1,562 | 1,287 | 1,297 | 904 | -16.7% |
| Total | 8,385 | 4,991 | 7,041 | 6,456 | -8.3% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Italy in 2022:
- Turkey (394.7 tons)
- Pakistan (271.5 tons)
- China (251.9 tons)
- France (173.5 tons)
- Algeria (161.3 tons)
- India (123.0 tons)
- Hungary (109.6 tons)
- Morocco (87.3 tons)
- Peru (44.4 tons)
- United States (41.4 tons)
- Spain (36.3 tons)
- Poland (18.9 tons)
- Germany (9.7 tons)
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