Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Israel - 2024

Contents:

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

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $6,221 per ton in 2022, picking up by 7.4% against the previous year. In general, import price indicated a prominent increase 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 +68.7% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

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 South Korea ($82,000 per ton), while the price for India ($2,634 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+44.0%), 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 Israel (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $12,932 per ton in 2022, dropping by -20.1% against the previous year. Over the period under review, the export price, however, posted a notable expansion. The growth pace was the most rapid in 2021 when the average export price decreased by -18%. The export price peaked at $26,714 per ton in 2015; however, from 2016 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 Belgium ($21,176 per ton), while the average price for exports to Italy ($7,246 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 India (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings was finally on the rise to reach 80 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a dramatic decrease.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $497K in 2022. In general, imports, however, showed a abrupt shrinkage.

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

1. United States (49.6 tons)
2. Spain (13.9 tons)
3. India (6.0 tons)
4. Thailand (3.6 tons)
5. Romania (1.9 tons)
6. Netherlands (1.2 tons)

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

For the third consecutive year, Israel recorded growth in shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which increased by 11% to 16 tons in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 328%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell to $209K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 251%. As a result, the exports attained the peak of $235K, and then fell in the following year.

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

1. Italy (7.2 tons)
2. United States (6.6 tons)
3. Belgium (1.5 tons)
4. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform