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

Contents:

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

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

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $2,863 per ton in 2022, shrinking by -35.1% against the previous year. Over the period under review, the export price continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2017 an increase of 69% against the previous year. Over the period under review, the average export prices reached the maximum at $48,838 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.2% per year.

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

The average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $10,000 per ton in 2022, surging by 134% against the previous year. Over the period under review, the import price showed a measured expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 543% against the previous year. As a result, import price attained the peak level of $70,375 per ton. From 2017 to 2022, the average import prices failed to regain momentum.

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 Poland ($12,000 per ton), while the price for Spain stood at $8,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+300.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Luxembourg recorded growth in shipments abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning, which increased by 51% to 263 kg in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 248%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning declined to $753 in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 469% against the previous year. As a result, the exports reached the peak of $768, and then reduced slightly in the following year.

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

1. Netherlands (263.0 kg)

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

In 2022, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -90.9% to 2 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a deep setback. The growth pace was the most rapid in 2020 when imports increased by 733%. As a result, imports reached the peak of 25 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning fell dramatically to $20 in 2022. Over the period under review, imports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of 680% against the previous year. As a result, imports attained the peak of $117. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Poland (1.0 kg)
2. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform