Price for Fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibres in the United States - 2023
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States (CIF) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States (FOB) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,709 per ton, picking up by 4.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 145% against the previous year. Over the period under review, average import prices hit record highs at $1,796 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,789 per ton), while the price for Canada amounted to $193 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+0.3%), 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 the United States (FOB) - 2022
In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,108 per ton, growing by 17% against the previous year. In general, the export price enjoyed a temperate increase. The pace of growth was the most pronounced in 2018 an increase of 58%. The export price peaked at $1,657 per ton in 2019; however, from 2020 to 2022, the 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 Brazil ($3,253 per ton), while the average price for exports to Turkey ($599 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 China (+18.5%), 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 the United States
In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses imported into the United States skyrocketed to 349 tons, increasing by 99% against the year before. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 811%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $596K in 2022. Over the period under review, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,132% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.6 | 0.3 | 280 | 592 | 404.9% |
| Canada | 4.4 | 7.1 | 4.1 | 3.4 | -8.2% |
| Spain | 107 | N/A | N/A | N/A | 0% |
| Others | 12.8 | 5.5 | 3.0 | N/A | -51.6% |
| Total | 129 | 12.9 | 287 | 596 | 66.6% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to the United States in 2022:
- China (331.1 tons)
- Canada (17.6 tons)
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States
In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses from the United States expanded markedly to 288 tons, with an increase of 12% compared with 2021 figures. Overall, exports, however, saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 113%.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses surged to $320K in 2022. In general, exports, however, recorded a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 35%.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 649 | 55.0 | 93.3 | 215 | -30.8% |
| Bolivia | N/A | N/A | N/A | 37.2 | 0% |
| Canada | 23.6 | 16.4 | 32.7 | 32.9 | 11.7% |
| Brazil | 10.4 | N/A | N/A | 24.5 | 33.1% |
| Turkey | N/A | N/A | 14.1 | 9.7 | -31.2% |
| Nicaragua | N/A | N/A | 19.7 | N/A | 0% |
| Guatemala | N/A | 83.4 | 10.0 | N/A | -88.0% |
| India | N/A | 20.4 | N/A | N/A | 0% |
| Others | 13.6 | 4.0 | 73.0 | N/A | 131.7% |
| Total | 697 | 179 | 243 | 320 | -22.9% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from the United States in 2022:
- Mexico (214.2 tons)
- Bolivia (31.0 tons)
- Canada (19.6 tons)
- Turkey (16.2 tons)
- Brazil (7.5 tons)
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