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

Contents:

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

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

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $14,684 per ton, with an increase of 16% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by +140.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 107% against the previous year. The export price peaked at $17,162 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($19,540 per ton), while the average price for exports to Hungary ($631 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 Hungary (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $11,494 per ton in 2022, picking up by 67% against the previous year. In general, the import price recorded a pronounced expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 81%. The import price peaked in 2022 and is likely to see gradual 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 Hungary ($36,210 per ton), while the price for the Czech Republic ($3,759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -22.2% to 148 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 101%. As a result, the exports reached the peak of 190 tons, and then shrank dramatically in the following year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted to $2.2M in 2022. In general, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 315% against the previous year. As a result, the exports attained the peak of $2.4M, and then contracted in the following year.

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

1. Germany (109.7 tons)
2. Czech Republic (26.4 tons)
3. Hungary (11.6 tons)

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

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into Slovakia contracted remarkably to 12 tons, which is down by -71.5% compared with the year before. In general, imports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 4.4% against the previous year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined notably to $140K in 2022. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 57%.

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

1. Germany (7.8 tons)
2. Czech Republic (2.2 tons)
3. Hungary (1.5 tons)
4. Poland (0.3 tons)

Source: IndexBox Market Intelligence Platform