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

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Greece (CIF) - 2023
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Greece (FOB) - 2023
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Greece
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Greece

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Greece (CIF) - 2023

In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $23,818 per ton, dropping by -10.7% against the previous month. In general, import price indicated measured growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for wadding; other articles thereof, of man-made fibreses decreased by -10.7% against September 2023 indices. The pace of growth was the most pronounced in February 2023 when the average import price increased by 53% against the previous month. As a result, import price reached the peak level of $27,529 per ton. From March 2023 to October 2023, the average import prices remained at a 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 France ($32,691 per ton), while the price for Bulgaria ($2,497 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 (+4.8%), 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 Greece (FOB) - 2023

The average export price for wadding; other articles thereof, of man-made fibreses stood at $14,867 per ton in October 2023, falling by -41% against the previous month. Over the period under review, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in August 2023 when the average export price increased by 115% m-o-m. As a result, the export price attained the peak level of $26,648 per ton. From September 2023 to October 2023, the the average 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 Italy ($191K per ton), while the average price for exports to Cyprus ($1,003 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 Italy (+36.5%), 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 Greece

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 -11.8% to 1.4K tons. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses fell to $22M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 60% against the previous year.

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

1. Lithuania (618.1 tons)
2. China (182.2 tons)
3. Netherlands (169.6 tons)
4. Austria (143.7 tons)
5. France (143.6 tons)
6. Italy (51.1 tons)
7. Turkey (29.0 tons)
8. Poland (24.8 tons)
9. Belgium (3.1 tons)
10. Hungary (0.8 tons)

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

In 2022, exports of wadding; other articles thereof, of man-made fibreses from Greece soared to 254 tons, jumping by 33% compared with 2021 figures. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of wadding; other articles thereof, of man-made fibreses skyrocketed to $2.3M in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Italy (90.4 tons)
2. Malta (54.1 tons)
3. Russia (40.4 tons)
4. Bulgaria (29.7 tons)
5. Cyprus (13.2 tons)
6. Romania (11.9 tons)
7. Hungary (5.2 tons)
8. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform