Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus - 2022

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus (CIF) - 2022
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus (CIF) - 2022

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $3,606 per ton in 2022, reducing by -7.1% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for artificial staple fibres, not carded, combed or otherwise processed for spinning increased by +68.2% against 2017 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34%. As a result, import price reached the peak level of $3,881 per ton, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($6,746 per ton), while the price for Uzbekistan ($1,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus (FOB) - 2022

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,014 per ton in 2022, growing by 12% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for artificial staple fibres, not carded, combed or otherwise processed for spinning increased by +112.7% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of 23%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +4.3% per year.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus

In 2022, purchases abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -80.4% to 85 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 106% against the previous year. As a result, imports attained the peak of 434 tons, and then dropped remarkably in the following year.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning fell remarkably to $306K in 2022. Overall, imports continue to indicate a noticeable decline. The pace of growth was the most pronounced in 2021 with an increase of 175% against the previous year. As a result, imports attained the peak of $1.7M, and then declined markedly in the following year.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Belarus in 2022:

1. Russia (29.0 tons)
2. China (22.0 tons)
3. Austria (10.8 tons)
4. India (8.8 tons)
5. Uzbekistan (8.4 tons)
6. Turkey (4.9 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Belarus

Exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Belarus reduced to 1.2 tons in 2022, waning by -14% compared with 2021. Over the period under review, exports faced a dramatic shrinkage. The smallest decline of -12.3% was in 2021.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning fell modestly to $2.5K in 2022. In general, exports saw a abrupt curtailment. The smallest decline of -3.8% was in 2021.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Belarus in 2022:

1. Russia (1.2 tons)

Source: IndexBox Market Intelligence Platform