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

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Uzbekistan (CIF) - 2023
  2. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Uzbekistan

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

In November 2023, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,995 per ton, surging by 1.6% against the previous month. In general, the import price, however, saw a pronounced decline. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 6.9% against the previous month. Over the period under review, average import prices attained the peak figure at $2,550 per ton in November 2022; however, from December 2022 to November 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the country with the highest price was Hong Kong SAR ($2,110 per ton), while the price for China totaled $1,941 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by India (-0.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning imported into Uzbekistan skyrocketed to 3K tons, jumping by 445% compared with the year before. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 1,269% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $7.3M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 804%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1291,6357245,101240.7%
SingaporeN/AN/A197808310.2%
Hong Kong SARN/AN/AN/A6380%
MalaysiaN/AN/AN/A4100%
IndonesiaN/AN/A16822634.5%
India16.614559.153.147.3%
Austria47.9162N/AN/A238.2%
Others41.718254.454.39.2%
Total2352,1241,2027,290214.2%

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

  1. China (2069.6 tons)
  2. Hong Kong SAR (328.2 tons)
  3. Singapore (326.5 tons)
  4. Malaysia (175.7 tons)
  5. Indonesia (103.0 tons)
  6. India (25.8 tons)

Source: IndexBox Market Intelligence Platform

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