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

Contents:

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

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

In November 2023, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,841 per ton, declining by -4% against the previous month. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 3.5% month-to-month. Over the period under review, average import prices hit record highs at $3,627 per ton in November 2022; however, from December 2022 to November 2023, import prices failed to regain momentum.

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

From November 2022 to November 2023, the rate of growth in terms of prices for Turkey amounted to -2.0% per month.

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

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $1,221 per ton, approximately reflecting the previous year. Over the period under review, export price indicated moderate growth from 2017 to 2022: its price increased at an average annual rate of +2.3% over the last five years. 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 +64.1% against 2018 indices. The pace of growth appeared the most rapid in 2019 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

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

From 2017 to 2022, the rate of growth in terms of prices for Turkey amounted to +1.9% per year.

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

In 2022, approx. 615 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Uzbekistan; increasing by 81% on the previous year's figure. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 101%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings soared to $2.4M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Turkey (612.5 tons)

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

In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -53.6% to 29 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 6,638% against the previous year. As a result, the exports attained the peak of 102 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings dropped notably to $35K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 8,187% against the previous year. As a result, the exports attained the peak of $124K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Turkey (28.6 tons)

Source: IndexBox Market Intelligence Platform