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

Contents:

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

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

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,995 per ton, picking up by 27% against the previous year. In general, the export price recorded a mild expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 45% against the previous year. As a result, the export price attained the peak level of $6,878 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($12,879 per ton), while the average price for exports to Honduras ($1,321 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 Portugal (+18.2%), 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 Spain (CIF) - 2023

In November 2023, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,071 per ton, surging by 3.9% against the previous month. In general, the import price continues to indicate pronounced growth. The most prominent rate of growth was recorded in September 2023 an increase of 214% month-to-month. As a result, import price attained the peak level of $7,749 per ton. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to November 2023, the rate of growth in terms of prices for Indonesia amounted to +25.7% per month.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -37.7% to 2.3K tons. In general, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 95% against the previous year. As a result, the exports attained the peak of 3.7K tons, and then reduced markedly in the following year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted sharply to $9.3M in 2022. Over the period under review, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 85%. As a result, the exports attained the peak of $12M, and then reduced rapidly in the following year.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal3.92.73.54.65.7%
Honduras0.30.91.21.985.0%
Italy0.91.45.11.621.1%
France0.40.40.40.2-20.6%
Morocco0.50.40.40.1-41.5%
Belgium0.10.1N/AN/A0.0%
Others0.70.51.00.84.6%
Total6.76.311.79.311.5%

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

  1. Honduras (1442.5 tons)
  2. Portugal (362.5 tons)
  3. Italy (296.9 tons)
  4. Morocco (42.7 tons)
  5. Belgium (26.2 tons)
  6. France (12.0 tons)

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

In 2022, purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings was finally on the rise to reach 725 tons after two years of decline. Over the period under review, imports, however, continue to indicate a perceptible decrease.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined to $4.5M in 2022. In general, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 39%.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy3,5461,7562,9342,267-13.9%
Germany1,3451,0341,2231,255-2.3%
Portugal34927436149912.7%
China33.01071.516370.3%
South KoreaN/AN/AN/A96.20%
Indonesia26.3240N/AN/A812.5%
Denmark65.1N/AN/AN/A0%
Others57.725.825420452.3%
Total5,4223,4384,7744,484-6.1%

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

  1. Germany (363.6 tons)
  2. Portugal (119.9 tons)
  3. Italy (105.6 tons)
  4. China (68.3 tons)
  5. South Korea (47.1 tons)

Source: IndexBox Market Intelligence Platform

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