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

Contents:

1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in France (FOB) - 2023
2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in France (CIF) - 2022
3. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in France
4. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in France

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in France (FOB) - 2023

In November 2023, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $9,887 per ton, with an increase of 6.7% against the previous month. In general, export price indicated a strong expansion from December 2022 to November 2023: its price increased at an average monthly rate of +5.6% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -3.7% against September 2023 indices. The growth pace was the most rapid in January 2023 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices attained the peak figure at $10,267 per ton in September 2023; however, from October 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Switzerland ($26,060 per ton), while the average price for exports to India ($2,782 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $5,335 per ton, declining by -7.2% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.0% 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 +132.9% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44%. Over the period under review, average import prices hit record highs at $5,750 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($7,520 per ton), while the price for Belgium ($1,715 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 2.2K tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were exported from France; jumping by 18% compared with the previous year's figure. In general, exports recorded a modest expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings rose rapidly to $15M in 2022. Overall, exports, however, continue to indicate a abrupt decrease.

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

1. Turkey (557.0 tons)
2. Italy (378.7 tons)
3. Portugal (219.1 tons)
4. Germany (151.3 tons)
5. Czech Republic (120.6 tons)
6. Mexico (112.1 tons)
7. Poland (102.7 tons)
8. Austria (85.8 tons)
9. China (85.7 tons)
10. Ecuador (57.3 tons)
11. Spain (53.4 tons)
12. Romania (48.1 tons)
13. Egypt (40.8 tons)

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

For the third consecutive year, France recorded decline in supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -24.6% to 673 tons in 2022. Overall, imports recorded a abrupt decrease. The smallest decline of -1.6% was in 2021.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell markedly to $3.6M in 2022. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 27%. As a result, imports reached the peak of $5.1M, and then plummeted in the following year.

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

1. Belgium (240.9 tons)
2. Spain (196.6 tons)
3. Germany (105.2 tons)
4. Italy (99.3 tons)
5. Portugal (16.6 tons)

Source: IndexBox Market Intelligence Platform