Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Germany - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Germany (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Germany (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Germany
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Germany
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Germany (CIF) - 2023
In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $10,328 per ton, reducing by -38.2% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 20% against the previous month. Over the period under review, average import prices attained the peak figure at $19,353 per ton in June 2023; however, from July 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the UK ($33,537 per ton), while the price for China ($3,223 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 Italy (+10.5%), 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 Germany (FOB) - 2023
The average export price for wadding; other articles thereof, of man-made fibreses stood at $11,465 per ton in October 2023, which is down by -9.9% against the previous month. Over the period under review, export price indicated a measured increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for wadding; other articles thereof, of man-made fibreses decreased by -25.7% against July 2023 indices. The pace of growth was the most pronounced in December 2022 an increase of 54% month-to-month. The export price peaked at $15,432 per ton in July 2023; however, from August 2023 to October 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Serbia ($29,950 per ton), while the average price for exports to China ($9,377 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 Serbia (+11.1%), 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 Germany
In 2022, imports of wadding; other articles thereof, of man-made fibreses into Germany soared to 1.6K tons, rising by 15% on 2021. Over the period under review, imports, however, showed a perceptible curtailment.
In value terms, imports of wadding; other articles thereof, of man-made fibreses rose significantly to $19M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 5.9 | 5.6 | 5.0 | -7.9% |
| Lithuania | 3.2 | 1.7 | 1.7 | 3.2 | 0.0% |
| Hungary | 1.2 | 1.9 | 2.3 | 2.9 | 34.2% |
| Poland | 2.4 | 0.7 | 0.8 | 1.4 | -16.4% |
| Bulgaria | 1.7 | 1.2 | 1.1 | 1.4 | -6.3% |
| Italy | 0.6 | 0.8 | 1.3 | 1.1 | 22.4% |
| China | 0.5 | 0.6 | 0.8 | 0.5 | 0.0% |
| Turkey | 0.3 | 0.1 | 0.1 | 0.3 | 0.0% |
| Switzerland | 0.6 | 0.5 | 0.2 | 0.3 | -20.6% |
| Russia | 2.4 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 2.9 | 3.6 | 3.1 | 8.9% |
| Total | 15.3 | 16.3 | 17.6 | 19.1 | 7.7% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Germany in 2022:
- Hungary (317.4 tons)
- France (295.6 tons)
- Lithuania (233.8 tons)
- Italy (192.9 tons)
- Poland (177.8 tons)
- Bulgaria (157.2 tons)
- Turkey (44.9 tons)
- China (36.6 tons)
- Switzerland (18.1 tons)
- Russia (1.0 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Germany
For the third consecutive year, Germany recorded decline in shipments abroad of wadding; other articles thereof, of man-made fibreses, which decreased by -8.8% to 969 tons in 2022. Overall, exports showed a sharp decrease.
In value terms, exports of wadding; other articles thereof, of man-made fibreses declined modestly to $9.3M in 2022. In general, exports recorded a precipitous curtailment.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,440 | 1,081 | 978 | 927 | -13.7% |
| France | 5,254 | 998 | 1,032 | 838 | -45.8% |
| Switzerland | 1,163 | 1,043 | 592 | 668 | -16.9% |
| Czech Republic | 1,190 | 558 | 487 | 609 | -20.0% |
| Poland | 478 | 654 | 691 | 499 | 1.4% |
| Austria | 830 | 614 | 658 | 470 | -17.3% |
| Hungary | 436 | 183 | 74.4 | 452 | 1.2% |
| China | 174 | 155 | 184 | 402 | 32.2% |
| Spain | 1,499 | 709 | 380 | 354 | -38.2% |
| Netherlands | 695 | 380 | 424 | 343 | -21.0% |
| Romania | 587 | 77.7 | 158 | 265 | -23.3% |
| Bulgaria | 349 | 207 | 306 | 123 | -29.4% |
| Portugal | 355 | 261 | 143 | 101 | -34.2% |
| Others | 6,067 | 4,059 | 3,706 | 3,285 | -18.5% |
| Total | 20,517 | 10,980 | 9,811 | 9,337 | -23.1% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Germany in 2022:
- Italy (126.6 tons)
- France (114.5 tons)
- Switzerland (93.5 tons)
- China (73.1 tons)
- Austria (64.3 tons)
- Netherlands (54.0 tons)
- Czech Republic (43.6 tons)
- Spain (41.4 tons)
- Poland (39.2 tons)
- Romania (32.4 tons)
- Hungary (25.7 tons)
- Bulgaria (24.3 tons)
- Portugal (20.9 tons)
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