Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Czech Republic - 2023

Contents:

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

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Czech Republic (CIF) - 2023

In November 2023, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,867 per ton, remaining stable against the previous month. Over the period under review, import price indicated mild growth from December 2022 to November 2023: its price increased at an average monthly rate of +1.8% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -21.3% against August 2023 indices. The most prominent rate of growth was recorded in March 2023 an increase of 75% m-o-m. Over the period under review, average import prices hit record highs at $6,718 per ton in May 2023; however, from June 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($5,993 per ton), while the price for Turkey ($2,860 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), 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 the Czech Republic (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,199 per ton, which is down by -6.1% against the previous year. Overall, the export price showed a noticeable decline. The pace of growth was the most pronounced in 2019 an increase of 79%. As a result, the export price reached the peak level of $4,358 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($9,999 per ton), while the average price for exports to Austria ($2,927 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 Italy (+41.7%), 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 the Czech Republic

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into the Czech Republic reduced to 1.6K tons, falling by -14.8% on the year before. Over the period under review, imports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports reached the peak of 1.9K tons, and then shrank in the following year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell notably to $6.5M in 2022. Overall, imports saw a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 43%. As a result, imports attained the peak of $7.8M, and then contracted dramatically in the following year.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.92.62.01.9-21.3%
Turkey1.31.41.91.1-5.4%
Italy0.60.40.61.122.4%
France0.10.60.71.0115.4%
Austria1.40.20.70.9-13.7%
Poland0.20.21.80.314.5%
BelgiumN/AN/AN/A0.10%
OthersN/AN/AN/A0.20%
Total7.55.47.86.5-4.7%

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

  1. Turkey (519.3 tons)
  2. Germany (358.1 tons)
  3. Italy (242.5 tons)
  4. France (212.5 tons)
  5. Austria (147.9 tons)
  6. Poland (97.9 tons)
  7. Belgium (45.2 tons)

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Czech Republic

Exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from the Czech Republic declined slightly to 196 tons in 2022, dropping by -4.6% against the year before. In general, exports saw a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 93%.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank to $629K in 2022. Overall, exports faced a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 78%.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria26718657453325.9%
Germany48453.172.857.3-50.9%
Italy4.03.027.221.775.7%
Slovakia16814518.510.7-60.1%
Others16.78.49.35.9-29.3%
Total939395702629-12.5%

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

  1. Austria (182.1 tons)
  2. Italy (5.8 tons)
  3. Germany (5.7 tons)
  4. Slovakia (2.6 tons)

Source: IndexBox Market Intelligence Platform

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