Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus (CIF) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus (FOB) - 2022
3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus
4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus (CIF) - 2022

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $4,896 per ton, declining by -2.7% against the previous year. Overall, import price indicated prominent growth from 2016 to 2022: its price increased at an average annual rate of +6.4% over the last six years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses increased by +65.1% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26%. Over the period under review, average import prices reached the peak figure at $5,033 per ton in 2021, and then shrank slightly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2016 to 2022, the rate of growth in terms of prices for Turkey amounted to +6.4% per year.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $6,233 per ton, approximately equating the previous year. Overall, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($31,214 per ton), while the average price for exports to Italy ($2,238 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 Lithuania (+68.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus

Imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses into Belarus soared to 5.4 tons in 2022, rising by 80% compared with 2021. Over the period under review, imports, however, showed a pronounced shrinkage.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $26K in 2022. Overall, imports posted a prominent increase.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Belarus in 2022:

1. Turkey (5.4 tons)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Belarus

Exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses from Belarus stood at 313 kg in 2022, remaining constant against the year before. Overall, exports showed a dramatic slump. The smallest decline of 99.9% was in 2021.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $2K in 2022. In general, exports continue to indicate a dramatic downturn. The smallest decline of 99.9% was in 2021.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Belarus in 2022:

1. Italy (164.0 kg)
2. Russia (77.0 kg)
3. Germany (42.0 kg)
4. Ukraine (30.0 kg)

Source: IndexBox Market Intelligence Platform