Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy - 2023
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy (CIF) - 2023
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy (CIF) - 2023
The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,277 per ton in December 2023, surging by 40% against the previous month. Over the period under review, import price indicated a temperate expansion from December 2022 to December 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +62.7% against September 2023 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($3,984 per ton), while the price for Mexico ($491 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), 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 Italy (FOB) - 2022
In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,161 per ton, jumping by 91% against the previous year. In general, the export price recorded a resilient increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($4,531 per ton), while the average price for exports to Hong Kong SAR ($89 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 the Netherlands (+21.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy
In 2022, approx. 35K tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were imported into Italy; surging by 9.9% against the year before. The total import volume increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Imports peaked in 2022 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 soared to $34M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.9% 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 +59.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.1 | 1.7 | 4.8 | 5.9 | 41.1% |
| United States | 5.6 | 5.5 | 3.6 | 4.5 | -7.0% |
| Turkey | 2.3 | 2.1 | 3.8 | 2.6 | 4.2% |
| Slovenia | 1.4 | 0.5 | 2.4 | 2.6 | 22.9% |
| Malaysia | 0.3 | 0.9 | 1.5 | 2.3 | 97.2% |
| Germany | 5.3 | 4.0 | 2.6 | 2.3 | -24.3% |
| Mexico | 0.5 | 0.9 | 1.9 | 2.1 | 61.3% |
| France | 1.4 | 1.0 | 1.3 | 1.9 | 10.7% |
| Romania | 0.8 | 0.5 | 0.9 | 1.8 | 31.0% |
| Israel | 0.3 | 0.5 | 1.0 | 1.7 | 78.3% |
| Poland | 0.2 | 0.2 | 0.6 | 1.3 | 86.6% |
| Spain | 0.7 | 0.5 | 0.4 | 1.0 | 12.6% |
| Portugal | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Others | 4.7 | 3.0 | 3.8 | 4.0 | -5.2% |
| Total | 25.8 | 21.4 | 28.7 | 34.2 | 9.9% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Italy in 2022:
- United States (7.3K tons)
- Belgium (3.7K tons)
- Germany (3.3K tons)
- Turkey (3.1K tons)
- Malaysia (3.0K tons)
- Mexico (2.1K tons)
- Poland (2.1K tons)
- Romania (1.5K tons)
- France (1.1K tons)
- Slovenia (1.1K tons)
- Israel (0.8K tons)
- Spain (0.8K tons)
- Portugal (0.7K tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy
In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Italy fell dramatically to 6.2K tons, dropping by -32.2% compared with 2021. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $7.2M in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +96.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 51%. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,154 | 1,227 | 2,470 | 2,500 | 5.1% |
| Romania | 32.9 | 107 | 178 | 1,305 | 241.0% |
| Netherlands | 351 | 137 | 349 | 959 | 39.8% |
| Turkey | 498 | 194 | 798 | 653 | 9.5% |
| Greece | 522 | 489 | 342 | 379 | -10.1% |
| Spain | 270 | 117 | 266 | 293 | 2.8% |
| Slovenia | 32.5 | 25.3 | 15.9 | 281 | 105.2% |
| Croatia | 591 | 492 | 373 | 79.8 | -48.7% |
| Indonesia | 87.6 | 98.1 | 53.2 | 45.9 | -19.4% |
| South Africa | N/A | N/A | N/A | 42.9 | 0% |
| Senegal | 24.9 | 36.9 | 68.4 | 33.0 | 9.8% |
| Hong Kong SAR | N/A | N/A | 1.8 | 20.2 | 1022.2% |
| United Kingdom | 260 | 198 | 165 | 10.2 | -66.0% |
| Others | 729 | 550 | 481 | 590 | -6.8% |
| Total | 5,553 | 3,670 | 5,561 | 7,193 | 9.0% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Italy in 2022:
- Germany (2080.4 tons)
- Romania (697.4 tons)
- Turkey (556.7 tons)
- Greece (416.8 tons)
- South Africa (390.6 tons)
- Croatia (314.6 tons)
- Spain (295.5 tons)
- Slovenia (254.9 tons)
- Hong Kong SAR (226.9 tons)
- Netherlands (211.7 tons)
- Indonesia (165.9 tons)
- Senegal (82.6 tons)
- United Kingdom (10.8 tons)
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