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

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (CIF) - 2023
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (CIF) - 2023

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,220 per ton in December 2023, waning by -3% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.8%. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 44% against the previous month. As a result, import price attained the peak level of $3,715 per ton. From February 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($8,564 per ton), while the price for China ($1,750 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $16,564 per ton in 2022, shrinking by -58.2% against the previous year. In general, the export price, however, showed a significant expansion. The growth pace was the most rapid in 2021 an increase of 424% against the previous year. As a result, the export price attained the peak level of $39,581 per ton, and then dropped sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($17,948 per ton), while the average price for exports to Germany ($5,000 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 Iceland (+78.4%), 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 Sweden

In 2022, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Sweden was estimated at 3.7K tons, increasing by 3.1% compared with 2021 figures. In general, imports, however, saw a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 4.5% against the previous year. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $13M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (1823.7 tons)
2. Austria (759.7 tons)
3. Germany (376.1 tons)
4. Thailand (357.4 tons)
5. United Kingdom (237.7 tons)
6. China (134.2 tons)

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

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning exported from Sweden shrank to 447 kg, waning by -8.2% compared with the previous year's figure. Over the period under review, exports recorded a precipitous descent. The growth pace was the most rapid in 2021 with an increase of 32%.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced dramatically to $7.4K in 2022. Overall, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 590% against the previous year.

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

1. Norway (346.0 kg)
2. Iceland (54.0 kg)
3. Indonesia (15.0 kg)
4. Australia (11.0 kg)
5. Canada (7.0 kg)
6. United States (2.0 kg)

Source: IndexBox Market Intelligence Platform