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

Contents:

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

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

In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,106 per ton, growing by 7.2% against the previous year. In general, the import price, however, showed a slight decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. The import price peaked at $2,329 per ton in 2012; however, from 2013 to 2022, 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 Lithuania ($10,225 per ton), while the price for Thailand ($1,896 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.5%), 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 Russia (FOB) - 2022

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $4,669 per ton in 2022, jumping by 36% against the previous year. Over the period under review, the export price, however, continues to indicate a slight curtailment. The export price peaked at $5,191 per ton in 2012; however, from 2013 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 Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +6.6% per year.

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

In 2022, overseas purchases of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -15.9% to 19K tons, falling for the second year in a row after two years of growth. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 26% against the previous year. As a result, imports attained the peak of 23K tons. 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 declined to $39M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports attained the peak of $43M, and then fell in the following year.

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

1. China (9.2K tons)
2. Indonesia (5.3K tons)
3. India (1.6K tons)
4. Thailand (1.5K tons)
5. Turkey (0.4K tons)
6. Uzbekistan (0.4K tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of artificial staple fibres, not carded, combed or otherwise processed for spinning, when their volume decreased by -99.9% to 281 kg. Overall, exports recorded a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 157% against the previous year. As a result, the exports reached the peak of 336 tons, and then fell sharply in the following year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning contracted significantly to $1.3K in 2022. Over the period under review, exports showed a sharp downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 210% against the previous year. As a result, the exports attained the peak of $1.2M, and then dropped dramatically in the following year.

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

1. Belarus (278.0 kg)

Source: IndexBox Market Intelligence Platform