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

Contents:

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

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

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $409 per ton in 2022, dropping by -4.1% against the previous year. Over the period under review, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2014 an increase of 7% against the previous year. The export price peaked at $842 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($3,683 per ton), while the average price for exports to South Korea ($226 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 (+16.8%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $347 per ton, dropping by -62% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 an increase of 150% against the previous year. The import price peaked at $2,585 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,809 per ton), while the price for Malaysia ($182 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses exported from Bangladesh rose notably to 3.2K tons, picking up by 10% on the previous year's figure. The total export volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses expanded markedly to $1.3M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, 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 37% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India48239662466911.5%
China23926034940819.5%
Pakistan146120122109-9.3%
South Korea51.418.319.117.5-30.2%
Others99.610611699.80.1%
Total1,0189011,2301,3038.6%

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

  1. India (2086.7 tons)
  2. China (463.7 tons)
  3. Pakistan (450.1 tons)
  4. South Korea (77.6 tons)

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

In 2022, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Bangladesh surged to 100 tons, rising by 896% against the previous year. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $35K in 2022. Overall, imports, however, saw a sharp descent.

Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia55.1N/AN/A13.5-37.4%
United Kingdom24.61.81.58.0-31.2%
Spain10.11.22.84.5-23.6%
India0.50.40.61.130.1%
Others12.81.64.37.7-15.6%
Total1035.09.234.7-30.4%

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

  1. Malaysia (74.3 tons)
  2. Spain (17.2 tons)
  3. United Kingdom (6.0 tons)
  4. India (1.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Waste (including noils, yarn waste and garnetted stock), of man-made fibres - Bangladesh