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

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Ireland (CIF) - 2023
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Ireland (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Ireland
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Ireland

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

In October 2023, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $9,658 per ton, waning by -14.7% against the previous month. Overall, import price indicated a slight increase from October 2022 to October 2023: its price increased at an average monthly rate of +1.3% over the last twelve-month period. 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 -38.1% against August 2023 indices. The pace of growth appeared the most rapid in March 2023 an increase of 76% m-o-m. The import price peaked at $15,615 per ton in August 2023; however, from September 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 Turkey ($17,076 per ton), while the price for the UK ($7,790 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 Germany (+2.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $9,445 per ton, picking up by 4.4% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 83% against the previous year. As a result, the export price attained the peak level of $12,049 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($10,572 per ton), while the average price for exports to the UK ($4,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.5%), 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 Ireland

In 2022, overseas purchases of wadding; other articles thereof, of man-made fibreses decreased by -28.3% to 242 tons, falling for the second consecutive year after two years of growth. In general, imports showed a dramatic decline. The pace of growth was the most pronounced in 2020 with an increase of 4.8% against the previous year. As a result, imports attained the peak of 718 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wadding; other articles thereof, of man-made fibreses contracted remarkably to $2M in 2022. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 20% against the previous year. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. United Kingdom (123.9 tons)
2. Germany (65.2 tons)
3. China (34.7 tons)
4. Turkey (8.8 tons)

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

In 2022, overseas shipments of wadding; other articles thereof, of man-made fibreses decreased by -4.6% to 4.4 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 31%. As a result, the exports attained the peak of 5.1 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of wadding; other articles thereof, of man-made fibreses declined slightly to $41K in 2022. The total export value increased at an average annual rate of +8.6% over the period 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 2020 when exports increased by 51% against the previous year. As a result, the exports reached the peak of $49K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. United States (3055.0 kg)
2. United Kingdom (662.0 kg)
3. Hungary (545.0 kg)
4. Spain (69.0 kg)

Source: IndexBox Market Intelligence Platform