Price for Wadding; Other Articles Thereof, of Man-Made Fibres in France - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in France (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in France (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in France
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in France
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in France (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $5,981 per ton in October 2023, falling by -17.6% against the previous month. Overall, the import price recorded a mild slump. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 27% month-to-month. The import price peaked at $14,770 per ton in August 2023; however, from September 2023 to October 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($6,316 per ton), while the price for China ($3,163 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+19.3%), 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 France (FOB) - 2023
In October 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $24,560 per ton, rising by 6.8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The growth pace was the most rapid in April 2023 an increase of 23% against the previous month. The export price peaked at $27,404 per ton in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In October 2023, the country with the highest price was Cote d'Ivoire ($35,173 per ton), while the average price for exports to Morocco ($9,791 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in France
In 2022, after three years of growth, there was significant decline in purchases abroad of wadding; other articles thereof, of man-made fibreses, when their volume decreased by -32.8% to 5.5K tons. Overall, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 8.2%. As a result, imports attained the peak of 8.2K tons, and then declined significantly in the following year.
In value terms, imports of wadding; other articles thereof, of man-made fibreses declined sharply to $42M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $52M, and then dropped significantly in the following year.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 11.9 | 13.2 | 15.7 | 14.2 | 6.1% |
| Hungary | 6.3 | 7.7 | 13.2 | 12.1 | 24.3% |
| Germany | 8.1 | 6.0 | 7.0 | 4.2 | -19.7% |
| Netherlands | 0.1 | 0.4 | 4.0 | 2.9 | 207.2% |
| Italy | 3.8 | 3.7 | 3.0 | 2.3 | -15.4% |
| Poland | 1.2 | 2.1 | 2.5 | 2.0 | 18.6% |
| Belgium | 0.5 | 6.5 | 1.0 | 0.6 | 6.3% |
| South Korea | 2.3 | 1.8 | 3.0 | 0.5 | -39.9% |
| Others | 7.3 | 2.6 | 2.5 | 3.4 | -22.5% |
| Total | 41.5 | 43.9 | 51.9 | 42.2 | 0.6% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to France in 2022:
- Spain (2109.9 tons)
- Poland (672.3 tons)
- Germany (654.0 tons)
- Hungary (504.5 tons)
- Italy (442.1 tons)
- South Korea (378.3 tons)
- Netherlands (184.4 tons)
- Belgium (100.9 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in France
For the fourth consecutive year, France recorded growth in shipments abroad of wadding; other articles thereof, of man-made fibreses, which increased by 1.5% to 2K tons in 2022. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 8.8%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses reduced to $36M in 2022. The total export value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23% against the previous year. As a result, the exports attained the peak of $39M, and then contracted in the following year.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 5.7 | 7.4 | 13.0 | 11.3 | 25.6% |
| Germany | 10.1 | 10.8 | 11.3 | 10.2 | 0.3% |
| San Marino | 4.3 | 4.4 | 5.0 | 4.2 | -0.8% |
| Belgium | 1.2 | 1.1 | 2.0 | 1.8 | 14.5% |
| Netherlands | 1.0 | 1.0 | 1.1 | 1.0 | 0.0% |
| Switzerland | 1.0 | 1.3 | 1.1 | 0.9 | -3.5% |
| Lebanon | 0.1 | 0.4 | 0.2 | 0.7 | 91.3% |
| Austria | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| United Kingdom | 0.8 | 0.7 | 0.7 | 0.6 | -9.1% |
| Spain | 0.9 | 1.2 | 1.0 | 0.6 | -12.6% |
| Morocco | 0.1 | 0.2 | 0.4 | 0.5 | 71.0% |
| Egypt | N/A | N/A | N/A | 0.3 | 0% |
| Others | 2.5 | 2.8 | 2.5 | 2.9 | 5.1% |
| Total | 28.2 | 31.7 | 39.1 | 35.7 | 8.2% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from France in 2022:
- Germany (596.5 tons)
- Cote d'Ivoire (420.8 tons)
- San Marino (253.8 tons)
- Belgium (90.6 tons)
- Lebanon (77.3 tons)
- Netherlands (73.2 tons)
- Spain (57.4 tons)
- Switzerland (57.2 tons)
- United Kingdom (46.2 tons)
- Egypt (43.9 tons)
- Morocco (33.5 tons)
- Austria (30.4 tons)
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