Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Kazakhstan - 2022

Contents:

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

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,056 per ton in 2022, which is down by -2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2013 when the average import price increased by 40%. The import price peaked at $3,540 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the UK ($17,000 per ton), while the price for Turkey ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.8%), 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 Kazakhstan (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,818 per ton in 2022, surging by 96% against the previous year. Overall, the export price, however, continues to indicate a perceptible shrinkage. The export price peaked at $2,234 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Mongolia amounted to 0.0% per year.

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

For the third consecutive year, Kazakhstan recorded decline in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -12.5% to 1.8 tons in 2022. Over the period under review, imports showed a abrupt slump. The smallest decline of -12.5% was in 2020.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings reduced to $5.6K in 2022. In general, imports saw a abrupt contraction.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.76.04.13.5-23.1%
Russia1.11.62.42.124.1%
Others0.10.10.10.10.0%
Total9.07.76.55.6-14.6%

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

  1. China (1251.0 kg)
  2. Russia (574.0 kg)

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

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings exported from Kazakhstan skyrocketed to 1.2 tons, with an increase of 131% on the previous year's figure. Overall, exports showed significant growth. 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 surged to $2.3K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
RussiaN/A2.30%
Mongolia0.5N/A0%
OthersN/AN/A0%
Total0.52.3360.0%

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

  1. Russia (1.2 tons)

Source: IndexBox Market Intelligence Platform

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