Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States - 2024
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States (CIF) - 2024
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States (CIF) - 2024
The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,262 per ton in December 2023, declining by -7.6% against the previous month. Overall, the import price continues to indicate a pronounced decrease. The growth pace was the most rapid in November 2023 when the average import price increased by 11% against the previous month. Over the period under review, average import prices attained the peak figure at $3,107 per ton in February 2023; however, from March 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($2,929 per ton), while the price for Thailand ($1,669 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.6%), 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 the United States (FOB) - 2022
The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $26,122 per ton in 2022, increasing by 12% against the previous year. In general, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2020 an increase of 144% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Brazil ($106,436 per ton), while the average price for exports to Pakistan ($8,846 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 Brazil (+42.5%), 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 the United States
After three years of growth, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -3.6% to 103K tons in 2022. The total import volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 25%.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning rose significantly to $250M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 41.2 | 43.9 | 44.2 | 64.3 | 16.0% |
| China | 63.1 | 46.9 | 59.0 | 52.1 | -6.2% |
| Austria | 35.4 | 41.4 | 33.3 | 35.4 | 0.0% |
| Thailand | 21.1 | 30.2 | 34.5 | 33.0 | 16.1% |
| Indonesia | 10.0 | 6.6 | 15.9 | 32.6 | 48.3% |
| India | 10.2 | 11.1 | 16.4 | 14.3 | 11.9% |
| Taiwan (Chinese) | 4.9 | 5.6 | 5.4 | 6.5 | 9.9% |
| Others | 19.3 | 15.3 | 13.9 | 11.9 | -14.9% |
| Total | 205 | 201 | 223 | 250 | 6.8% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to the United States in 2022:
- China (24.6K tons)
- Germany (22.6K tons)
- Thailand (16.8K tons)
- Indonesia (15.2K tons)
- Austria (12.0K tons)
- India (5.4K tons)
- Taiwan (Chinese) (3.3K tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States
In 2022, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from the United States shrank slightly to 2.9K tons, dropping by -4.8% on the previous year. Overall, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2021 when exports increased by 33% against the previous year.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning rose markedly to $75M in 2022. Over the period under review, total exports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.6 | 2.4 | 6.4 | 11.9 | -4.4% |
| Spain | 0.4 | 0.5 | 7.5 | 11.9 | 209.9% |
| Israel | 2.7 | 7.4 | 8.4 | 9.0 | 49.4% |
| Sweden | 5.5 | 6.2 | 6.8 | 7.6 | 11.4% |
| Bangladesh | N/A | 0.9 | 10.5 | 5.9 | 156.0% |
| Turkey | 1.7 | 2.2 | 5.4 | 5.4 | 47.0% |
| Pakistan | 0.2 | 0.7 | 6.8 | 5.0 | 192.4% |
| Canada | 2.7 | 3.4 | 4.6 | 4.4 | 17.7% |
| Mexico | 2.6 | 2.9 | 5.2 | 2.7 | 1.3% |
| Vietnam | 28.1 | 2.4 | 1.3 | 1.3 | -64.1% |
| Others | 7.0 | 8.8 | 7.1 | 9.2 | 9.5% |
| Total | 64.6 | 38.0 | 69.9 | 74.5 | 4.9% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from the United States in 2022:
- Pakistan (569.1 tons)
- Israel (404.0 tons)
- Canada (342.2 tons)
- Sweden (259.0 tons)
- Bangladesh (229.7 tons)
- Mexico (204.6 tons)
- Turkey (204.5 tons)
- China (173.5 tons)
- Spain (146.9 tons)
- Vietnam (47.6 tons)
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