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

Contents:

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

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

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $844 per ton, dropping by -21.5% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 86%. As a result, the export price reached the peak level of $1,156 per ton. From 2021 to 2022, the average 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 Belgium ($5,533 per ton), while the average price for exports to Germany ($366 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 Italy (+38.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $7,408 per ton in 2022, dropping by -75.1% against the previous year. Over the period under review, the import price saw a perceptible slump. The growth pace was the most rapid in 2020 an increase of 2,098% against the previous year. Over the period under review, average import prices attained the peak figure at $29,727 per ton in 2021, and then declined markedly in the following year.

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 Belgium ($60,000 per ton), while the price for China ($62 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Luxembourg soared to 273 tons in 2022, with an increase of 54% against the previous year. Over the period under review, exports, however, continue to indicate a perceptible reduction.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $230K in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.1% 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 +61.0% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 34%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. Spain (122.4 tons)
2. Italy (66.9 tons)
3. Germany (47.3 tons)
4. India (18.0 tons)
5. Belgium (17.9 tons)

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

In 2022, after two years of decline, there was significant growth in overseas purchases of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, when their volume increased by 1,773% to 412 kg. Over the period under review, imports, however, recorded a dramatic decline.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $3.1K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (324.0 kg)
2. Germany (87.0 kg)
3. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform