Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Italy - 2023

Contents:

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

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $780 per ton in 2022, growing by 65% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. Over the period under review, average import prices hit record highs at $1,539 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,241 per ton), while the price for Mauritius ($425 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (-0.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $640 per ton, with a decrease of -46.4% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2018 when the average export price increased by 67%. The export price peaked at $2,027 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,357 per ton), while the average price for exports to Egypt ($109 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 (+44.9%), 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 Italy

After two years of decline, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses increased by 3.6% to 377 tons in 2022. In general, imports, however, saw a sharp setback.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses soared to $294K in 2022. Overall, imports, however, continue to indicate a dramatic contraction.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7.8N/AN/A115145.2%
Mauritius18281.211773.6-26.1%
Germany2,1692,149N/A50.9-71.4%
France52.3N/A10.820.5-26.8%
United KingdomN/AN/AN/A14.40%
United StatesN/A9.436.812.013.0%
BelgiumN/AN/AN/A7.10%
Others18.924.47.40.3-74.9%
Total2,4302,264172294-50.5%

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

  1. Mauritius (173.1 tons)
  2. Spain (99.4 tons)
  3. Germany (41.0 tons)
  4. United States (20.8 tons)
  5. United Kingdom (19.4 tons)
  6. France (16.8 tons)
  7. Belgium (6.2 tons)

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

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses exported from Italy skyrocketed to 250 tons, growing by 181% against the year before. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $160K in 2022. Over the period under review, exports saw a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain28.133.322.475.038.7%
India52.0N/AN/A39.3-8.9%
Bosnia and HerzegovinaN/AN/AN/A6.80%
Netherlands15.37.811.26.5-24.8%
TurkeyN/AN/A10.36.4-37.9%
EgyptN/AN/AN/A1.70%
Romania5.421.638.7N/A167.7%
Others0.1N/A23.624.4524.9%
Total10162.710616016.6%

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

  1. Spain (105.5 tons)
  2. India (93.7 tons)
  3. Turkey (22.3 tons)
  4. Egypt (15.9 tons)
  5. Bosnia and Herzegovina (6.5 tons)
  6. Netherlands (4.8 tons)

Source: IndexBox Market Intelligence Platform

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