Price for Woven Fabrics of Artificial Staple Fibres in Estonia - 2023

Contents:

  1. Price for Woven Fabrics of Artificial Staple Fibres in Estonia (CIF) - 2023
  2. Price for Woven Fabrics of Artificial Staple Fibres in Estonia (FOB) - 2022
  3. Imports of Woven Fabrics of Artificial Staple Fibres in Estonia
  4. Exports of Woven Fabrics of Artificial Staple Fibres in Estonia

Price for Woven Fabrics of Artificial Staple Fibres in Estonia (CIF) - 2023

The average import price for woven fabrics of artificial staple fibres stood at $1.3 per square meter in September 2023, which is down by -16% against the previous month. In general, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in February 2023 an increase of 154% m-o-m. The import price peaked at $4.2 per square meter in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was France ($2.3 per square meter), while the price for India ($486 per thousand square meters) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (-1.1%), while the prices for the other major suppliers experienced a decline.

Price for Woven Fabrics of Artificial Staple Fibres in Estonia (FOB) - 2022

In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $3.5 per square meter, jumping by 49% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 55% against the previous year. Over the period under review, the average export prices hit record highs at $16 per square meter in 2013; however, from 2014 to 2022, the 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 Sweden ($12 per square meter), while the average price for exports to Greece ($2.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+39.2%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Artificial Staple Fibres in Estonia

In 2022, approx. 2.4M square meters of woven fabrics of artificial staple fibres were imported into Estonia; with an increase of 15% on the year before. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 142%. As a result, imports attained the peak of 2.7M square meters. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of woven fabrics of artificial staple fibres skyrocketed to $4.5M in 2022. Overall, imports, however, showed a dramatic setback. Imports peaked at $8.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Woven Fabrics of Artificial Staple Fibres in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.82.71.93.4-24.2%
PolandN/AN/AN/A0.20%
SwedenN/A0.10.30.241.4%
Others1.10.40.80.6-18.3%
Total8.93.23.04.5-20.3%

Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Estonia in 2022:

  1. China (2169.4K square meters)
  2. Poland (64.3K square meters)
  3. Sweden (41.2K square meters)

Exports of Woven Fabrics of Artificial Staple Fibres in Estonia

In 2022, after three years of growth, there was significant decline in overseas shipments of woven fabrics of artificial staple fibres, when their volume decreased by -23.8% to 57K square meters. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of 75K square meters, and then declined dramatically in the following year.

In value terms, exports of woven fabrics of artificial staple fibres rose significantly to $201K in 2022. Over the period under review, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. The exports peaked at $318K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Woven Fabrics of Artificial Staple Fibres in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ukraine19.213.092.974.757.3%
Latvia20.513.719.229.212.5%
Lithuania9.62.42.329.044.6%
Sweden39.439.27.523.0-16.4%
Russia13832.642.514.9-52.4%
KazakhstanN/AN/AN/A11.90%
GreeceN/AN/A1.36.5400.0%
China41.0N/AN/A2.3-61.7%
Belgium4.810.13.4N/A-15.8%
Austria29.2N/A0.3N/A-89.9%
Others16.513.17.29.7-16.2%
Total318124177201-14.2%

Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Estonia in 2022:

  1. Ukraine (10.4K square meters)
  2. Latvia (8.4K square meters)
  3. Russia (4.7K square meters)
  4. Greece (2.6K square meters)
  5. Lithuania (2.5K square meters)
  6. Sweden (1.9K square meters)
  7. Kazakhstan (1.5K square meters)
  8. China (0.9K square meters)

Source: IndexBox Market Intelligence Platform

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