Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina - 2023

Contents:

1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina (CIF) - 2022
2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina (FOB) - 2022
3. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina
4. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,554 per ton, with an increase of 45% against the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by +73.2% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Germany ($6,627 per ton), while the price for France ($1,988 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $7,768 per ton in 2022, rising by 12% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. Over the period under review, the average export prices attained the maximum at $17,069 per ton in 2012; however, from 2013 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 the Czech Republic ($8,043 per ton), while the average price for exports to Chile amounted to $4,017 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-4.2%).

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina

In 2022, purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -8% to 189 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 148% against the previous year. As a result, imports attained the peak of 206 tons, and then contracted in the following year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $862K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 180% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Argentina in 2022:

1. Turkey (82.9 tons)
2. Peru (35.1 tons)
3. Brazil (31.4 tons)
4. Portugal (19.4 tons)
5. Italy (5.5 tons)
6. China (5.2 tons)
7. France (5.1 tons)

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Argentina

Exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Argentina skyrocketed to 25 tons in 2022, jumping by 1,332% against 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 8,500% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $191K in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 5,794% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Argentina in 2022:

1. Czech Republic (22.9 tons)
2. Chile (1.7 tons)

Source: IndexBox Market Intelligence Platform