Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina - 2023

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $16,756 per ton in 2022, with a decrease of -1.7% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +118.8% against 2012 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. Over the period under review, average import prices reached the maximum at $17,045 per ton in 2021, and then fell in the following year.

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 Mexico ($31,041 per ton), while the price for China ($10,003 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (FOB) - 2022

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $10,962 per ton, which is down by -49.5% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 144% against the previous year. Over the period under review, the average export prices hit record highs at $25,450 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Chile amounted to +48.5% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina

For the third consecutive year, Argentina recorded decline in overseas purchases of wadding; other articles thereof, of man-made fibreses, which decreased by -36.7% to 473 tons in 2022. In general, imports showed a sharp decrease. The smallest decline of -13.3% was in 2021.

In value terms, imports of wadding; other articles thereof, of man-made fibreses dropped notably to $7.9M in 2022. Over the period under review, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 0.8% against the previous year. As a result, imports reached the peak of $14M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay5.13.62.94.4-4.8%
Mexico4.83.82.40.9-42.8%
LithuaniaN/A1.44.00.6-34.5%
United States0.21.50.30.644.2%
PolandN/A0.10.20.5123.6%
Spain0.40.40.50.3-9.1%
Thailand0.20.80.80.20.0%
China0.20.30.30.1-20.6%
Russia0.90.3N/AN/A-66.7%
Chile1.60.3N/AN/A-81.3%
Others0.51.31.50.50.0%
Total13.914.012.87.9-17.2%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Argentina in 2022:

  1. Paraguay (299.4 tons)
  2. Poland (35.0 tons)
  3. Mexico (29.5 tons)
  4. United States (27.9 tons)
  5. Lithuania (21.7 tons)
  6. Spain (16.9 tons)
  7. Thailand (15.0 tons)
  8. China (9.7 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina

In 2022, approx. 1.4 tons of wadding; other articles thereof, of man-made fibreses were exported from Argentina; which is down by -90.2% compared with 2021 figures. Over the period under review, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 12%.

In value terms, exports of wadding; other articles thereof, of man-made fibreses contracted notably to $16K in 2022. Overall, exports faced a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of 18% against the previous year.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uruguay13.88.613.815.94.8%
Brazil174291289N/A28.9%
Paraguay71.013.414.3N/A-55.1%
Others6.5N/A4.7N/A-15.0%
Total26531332115.9-60.9%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Argentina in 2022:

  1. Uruguay (1.4 tons)

Source: IndexBox Market Intelligence Platform

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