Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan - 2023
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan (CIF) - 2022
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan (CIF) - 2022
The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,063 per ton in 2022, growing by 46% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. 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 2022, amid the top importers, the country with the highest price was Japan ($2,973 per ton), while the price for Portugal ($284 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.7%), 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 Pakistan (FOB) - 2022
In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $665 per ton, falling by -15% against the previous year. In general, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 31%. As a result, the export price reached the peak level of $1,869 per ton. From 2014 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 the UK ($1,732 per ton), while the average price for exports to South Korea ($207 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 Thailand (+3.8%), while the prices for the other major destinations experienced a decline.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan
In 2022, overseas purchases of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were finally on the rise to reach 2.9K tons after two years of decline. Overall, 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 surged to $3.1M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 28.0 | 8.5 | 0.5 | 974 | 226.4% |
| Thailand | 1.2 | 1.2 | 0.3 | 640 | 711.0% |
| United Kingdom | 0.4 | 0.3 | N/A | 416 | 913.2% |
| United States | 0.9 | 0.2 | 0.1 | 246 | 549.0% |
| Bahrain | 3.0 | 1.1 | 0.1 | 226 | 322.3% |
| Japan | 1.0 | 0.5 | 0.1 | 175 | 459.3% |
| Belgium | 1.8 | 0.4 | N/A | 60.2 | 222.2% |
| Others | 13.9 | 3.0 | 0.2 | 396 | 205.4% |
| Total | 50.0 | 15.1 | 1.2 | 3,133 | 297.2% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Pakistan in 2022:
- Bangladesh (1655.6 tons)
- United Kingdom (382.0 tons)
- Thailand (272.6 tons)
- United States (204.6 tons)
- Belgium (126.6 tons)
- Bahrain (121.4 tons)
- Japan (58.9 tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan
In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses exported from Pakistan skyrocketed to 655 tons, growing by 118% on the previous year's figure. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 283% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $436K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 324% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.9 | 2.2 | 13.6 | 83.4 | 252.8% |
| Italy | 14.4 | 11.5 | 45.2 | 78.9 | 76.3% |
| Spain | 8.4 | 3.1 | 0.2 | 44.5 | 74.3% |
| Turkey | 1.1 | 1.8 | 24.2 | 38.4 | 226.8% |
| Thailand | 1.2 | 4.5 | 29.4 | 20.9 | 159.2% |
| Ireland | 5.4 | 3.9 | 13.8 | 20.0 | 54.7% |
| United Kingdom | 9.3 | 5.9 | 18.2 | 19.7 | 28.4% |
| Mexico | 2.9 | 2.4 | 9.9 | 19.1 | 87.4% |
| Taiwan (Chinese) | 1.6 | 0.8 | 6.5 | 9.6 | 81.7% |
| Kuwait | 3.5 | 1.4 | 0.5 | 7.4 | 28.3% |
| South Korea | 1.3 | 0.8 | 2.8 | 3.7 | 41.7% |
| Malaysia | 0.7 | 0.5 | 1.9 | 3.0 | 62.4% |
| Oman | 0.3 | 0.3 | 2.0 | 3.0 | 115.4% |
| Others | 19.5 | 16.3 | 66.6 | 84.3 | 62.9% |
| Total | 71.5 | 55.4 | 235 | 436 | 82.7% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Pakistan in 2022:
- Spain (157.9 tons)
- United Arab Emirates (105.7 tons)
- Italy (91.6 tons)
- Turkey (73.4 tons)
- Ireland (42.1 tons)
- Thailand (29.9 tons)
- Kuwait (26.7 tons)
- Taiwan (Chinese) (18.3 tons)
- South Korea (18.1 tons)
- Mexico (15.5 tons)
- Oman (11.8 tons)
- United Kingdom (11.4 tons)
- Malaysia (10.3 tons)
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