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

Contents:

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

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

In 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $614 per ton, reducing by -87.2% against the previous year. In general, the import price recorded a sharp decrease. The growth pace was the most rapid in 2021 an increase of 235%. Over the period under review, average import prices reached the peak figure at $5,260 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($279,000 per ton), while the price for Spain ($24 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+748.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $23,500 per ton, which is down by -61.1% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 a decrease of -26.2% against the previous year. The export price peaked at $60,377 per ton in 2021, and then shrank remarkably in the following year.

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 Dominican Republic ($167,500 per ton), while the average price for exports to the Netherlands ($1,000 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+86.1%), 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 Singapore

In 2022, approx. 17 tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were imported into Singapore; with an increase of 369% against 2021 figures. Over the period under review, imports, however, continue to indicate a precipitous shrinkage.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted sharply to $10K in 2022. In general, imports, however, recorded a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 364% against the previous year.

Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.5N/A2.24.7111.0%
India4.71.30.81.7-28.8%
Australia3.1N/AN/A1.1-29.2%
SpainN/AN/AN/A0.20%
Japan121N/AN/AN/A0%
Others7.02.313.92.4-30.0%
Total1363.616.910.1-58.0%

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

  1. Spain (8.4 tons)
  2. India (5.6 tons)
  3. China (1.9 tons)

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

In 2022, after two years of decline, there was significant decline in shipments abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, when their volume decreased by -53.6% to 32 kg. Over the period under review, exports showed a dramatic shrinkage.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses shrank markedly to $752 in 2022. Overall, exports saw a significant decrease.

Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Dominican Republic15.5N/A2.50.3-73.2%
ThailandN/AN/A0.30.2-33.3%
India44.5N/A0.60.1-86.9%
China16.9N/A0.70.1-81.9%
Spain0.7N/AN/AN/A0%
GermanyN/AN/AN/AN/A0%
Hong Kong SAR0.2N/AN/AN/A0%
SwedenN/AN/AN/AN/A0%
Malaysia1.5N/A0.1N/A-74.2%
United StatesN/AN/AN/AN/A0%
Brunei DarussalamN/AN/AN/AN/A0%
Indonesia0.1N/AN/AN/A0%
Netherlands0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total79.4N/A4.20.8-78.4%

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

  1. Thailand (15.0 kg)
  2. India (6.0 kg)
  3. Dominican Republic (2.0 kg)
  4. Netherlands (1.0 kg)
  5. Indonesia (1.0 kg)
  6. Brunei Darussalam (1.0 kg)
  7. United States (1.0 kg)
  8. Malaysia (1.0 kg)
  9. Sweden (1.0 kg)
  10. China (1.0 kg)
  11. Germany (1.0 kg)
  12. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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