Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States - 2024
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States (FOB) - 2024
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States (CIF) - 2022
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States (FOB) - 2024
The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,166 per ton in December 2023, rising by 35% against the previous month. Over the period from February 2023 to December 2023, it increased at an average monthly rate of +2.4%. 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 December 2023, the country with the highest price was India ($4,637 per ton), while the average price for exports to France ($252 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+19.4%), 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 the United States (CIF) - 2022
The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,316 per ton in 2022, surging by 12% against the previous year. Over the period under review, the import price, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2021 an increase of 77%. The import price peaked at $1,921 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 the UK ($5,215 per ton), while the price for El Salvador ($361 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States
Exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from the United States rose modestly to 29K tons in 2022, surging by 4.4% on the previous year. In general, exports, however, saw a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses rose remarkably to $29M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 57%.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 4.8 | 4.5 | 4.0 | 5.9 | 7.1% |
| Canada | 3.4 | 2.1 | 4.0 | 5.0 | 13.7% |
| Italy | 6.3 | 4.7 | 3.7 | 4.0 | -14.1% |
| Slovenia | 1.9 | N/A | 1.4 | 3.7 | 24.9% |
| Turkey | 1.4 | 1.3 | 2.8 | 2.7 | 24.5% |
| India | 0.3 | 0.5 | 0.9 | 2.4 | 100.0% |
| South Korea | 2.4 | 1.7 | 5.7 | 2.0 | -5.9% |
| Germany | 6.2 | 0.6 | 0.2 | 1.0 | -45.6% |
| Belgium | 0.5 | 0.5 | 0.2 | 0.3 | -15.7% |
| Dominican Republic | 0.4 | 0.3 | 0.4 | 0.2 | -20.6% |
| Others | 2.2 | 1.2 | 3.8 | 2.0 | -3.1% |
| Total | 29.6 | 17.4 | 27.2 | 29.3 | -0.3% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from the United States in 2022:
- Mexico (6.9K tons)
- Italy (6.6K tons)
- Canada (4.6K tons)
- India (2.4K tons)
- Slovenia (2.4K tons)
- South Korea (1.5K tons)
- Turkey (1.1K tons)
- Dominican Republic (0.7K tons)
- Germany (0.4K tons)
- Belgium (0.4K tons)
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States
Imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into the United States dropped markedly to 6.4K tons in 2022, declining by -17.3% compared with 2021 figures. In general, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 24%.
In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted to $8.4M in 2022. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2021 with an increase of 120%.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1,447 | 460 | 1,758 | 2,239 | 15.7% |
| Mexico | 1,581 | 1,033 | 1,427 | 1,898 | 6.3% |
| Turkey | 3,238 | 1,329 | 1,710 | 1,548 | -21.8% |
| Canada | 1,328 | 611 | 1,442 | 804 | -15.4% |
| China | 19.5 | 18.3 | 341 | 703 | 230.3% |
| Japan | 593 | 323 | 360 | 276 | -22.5% |
| El Salvador | N/A | 24.0 | 98.4 | 216 | 200.0% |
| Others | 1,009 | 309 | 1,914 | 695 | -11.7% |
| Total | 9,216 | 4,106 | 9,050 | 8,379 | -3.1% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to the United States in 2022:
- Mexico (1753.4 tons)
- Canada (1139.5 tons)
- Belgium (1028.7 tons)
- Turkey (782.6 tons)
- El Salvador (600.1 tons)
- China (375.0 tons)
- Japan (330.7 tons)
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