Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece - 2023

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (CIF) - 2023
  2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (FOB) - 2022
  3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece
  4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (CIF) - 2023

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $4,778 per ton in December 2023, increasing by 219% against the previous month. Over the period under review, the import price posted buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Austria ($49,997 per ton), while the price for India ($1,841 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+29.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $27,196 per ton, increasing by 43% against the previous year. Over the period under review, the export price showed a moderate increase. The pace of growth appeared the most rapid in 2016 an increase of 208%. Over the period under review, the average export prices hit record highs at $72,793 per ton in 2017; however, from 2018 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 Romania ($31,015 per ton), while the average price for exports to Bulgaria totaled $1,996 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+3.2%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 1.5K tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were imported into Greece; picking up by 251% compared with the year before. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $3.8M in 2022. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ThailandN/AN/A1651,686921.8%
Austria7342684081,38023.4%
BelgiumN/AN/AN/A4890%
India68830843.0222-31.4%
Germany61.61226050.1-88.2%
Others29.24.65.45.8-41.7%
Total1,5137021,2263,78335.7%

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

  1. Thailand (704.5 tons)
  2. Austria (559.6 tons)
  3. Belgium (187.0 tons)
  4. India (88.8 tons)

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

In 2022, approx. 41 tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were exported from Greece; declining by -16.4% against the previous year's figure. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 12% against the previous year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $1.1M in 2022. The total export value increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania9547618981,0974.8%
Bulgaria13.474.425.410.7-7.2%
Others4.5N/AN/A0.1-71.9%
Total9718369241,1074.5%

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

  1. Romania (35.4 tons)
  2. Bulgaria (5.4 tons)

Source: IndexBox Market Intelligence Platform

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