Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia - 2023

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia (CIF) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia (FOB) - 2022
3. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia
4. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia (CIF) - 2022

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $656 per ton, declining by -6.4% against the previous year. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 99%. As a result, import price attained the peak level of $1,693 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,477 per ton), while the price for France ($401 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 Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $11,673 per ton in 2022, jumping by 549% against the previous year. In general, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Papua New Guinea ($62,770 per ton), while the average price for exports to New Zealand ($1,085 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 Hong Kong SAR (+103.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia

In 2022, supplies from abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses decreased by -7.3% to 422 tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 1.9K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses fell to $277K in 2022. In general, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 26% against the previous year. As a result, imports attained the peak of $987K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Australia in 2022:

1. Netherlands (178.5 tons)
2. France (139.9 tons)
3. United States (39.0 tons)
4. Germany (35.3 tons)
5. New Zealand (21.0 tons)
6. Belgium (8.3 tons)

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Australia

For the third year in a row, Australia recorded decline in overseas shipments of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, which decreased by -96.4% to 1.6 tons in 2022. Over the period under review, exports faced a sharp setback. The smallest decline of -61.2% was in 2020.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses shrank remarkably to $19K in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -58.8% was in 2021.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Australia in 2022:

1. New Zealand (1336.0 kg)
2. Papua New Guinea (161.0 kg)
3. Hong Kong SAR (52.0 kg)
4. Malaysia (32.0 kg)

Source: IndexBox Market Intelligence Platform