Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea - 2022
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea (CIF) - 2022
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea (CIF) - 2022
In December 2022, the average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $743 per ton, dropping by -3% against the previous month. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in January 2022 an increase of 53% m-o-m. As a result, import price reached the peak level of $1,432 per ton. From February 2022 to December 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($1,146 per ton), while the price for Taiwan (Chinese) ($448 per ton) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by the United States (0.0%), 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 South Korea (FOB) - 2022
The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $868 per ton in 2022, increasing by 8% against the previous year. Over the period under review, the export price, however, recorded a noticeable curtailment. Over the period under review, the average export prices attained the peak figure at $1,203 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($797 per ton), while the average price for exports to Indonesia amounted to $544 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+18.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea
After three years of growth, purchases abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses decreased by -16.9% to 12K tons in 2022. Overall, imports showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 5.3% against the previous year. As a result, imports attained the peak of 15K tons, and then fell sharply in the following year.
In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses reduced dramatically to $11M in 2022. The total import value increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $15M, and then fell rapidly in the following year.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.7 | 4.5 | 4.6 | 4.3 | 5.1% |
| United States | 2.9 | 3.7 | 5.7 | 3.4 | 5.4% |
| Vietnam | 1.2 | 1.3 | 3.4 | 2.5 | 27.7% |
| Taiwan (Chinese) | 0.4 | 0.5 | 0.4 | 0.4 | 0.0% |
| Indonesia | 0.4 | 0.3 | 0.2 | 0.4 | 0.0% |
| Mexico | 0.4 | 0.3 | 0.1 | 0.3 | -9.1% |
| Malaysia | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| El Salvador | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | 1.9 | 0.6 | 0.1 | N/A | -77.1% |
| Total | 11.0 | 11.4 | 14.5 | 11.5 | 1.5% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to South Korea in 2022:
- Japan (6.2K tons)
- United States (2.7K tons)
- Vietnam (1.6K tons)
- Taiwan (Chinese) (0.7K tons)
- Malaysia (0.4K tons)
- Mexico (0.2K tons)
- Indonesia (0.2K tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea
In 2022, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from South Korea contracted notably to 7.4K tons, which is down by -18.2% compared with 2021 figures. Overall, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.5%.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses dropped to $6.4M in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 7%.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in South Korea (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 8.0 | 5.9 | 5.8 | 4.7 | -16.2% |
| Indonesia | 0.3 | 0.3 | 0.6 | 0.7 | 32.6% |
| Others | 0.7 | 0.5 | 0.9 | 1.0 | 12.6% |
| Total | 8.9 | 6.8 | 7.3 | 6.4 | -10.4% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from South Korea in 2022:
- Japan (6.0K tons)
- Indonesia (1.2K tons)
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