Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh - 2022

Contents:

1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh (FOB) - 2022
2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh (CIF) - 2022
3. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh
4. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh (FOB) - 2022

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $719 per ton in 2022, with an increase of 18% against the previous year. In general, the export price, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2016 an increase of 137% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,104 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,983 per ton), while the average price for exports to India ($311 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh (CIF) - 2022

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses stood at $987 per ton in 2022, with a decrease of -13.2% against the previous year. In general, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 109% against the previous year. The import price peaked at $6,446 per ton in 2014; however, from 2015 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 Hong Kong SAR ($1,052 per ton), while the price for India ($49 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (-5.3%), while the prices for the other major suppliers experienced a decline.

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses exported from Bangladesh dropped dramatically to 52 tons, falling by -42.2% compared with 2021. In general, exports recorded a dramatic decrease. The smallest decline of -9.4% was in 2020.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses reduced dramatically to $37K in 2022. Over the period under review, exports recorded a sharp decrease. The smallest decline of -1% was in 2020.

Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from Bangladesh in 2022:

1. India (32.8 tons)
2. Hong Kong SAR (12.3 tons)
3. United States (6.9 tons)

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in Bangladesh

After two years of decline, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses increased by 3.9% to 3.5 tons in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses contracted to $3.5K in 2022. Overall, imports, however, showed a abrupt slump. The smallest decline of -8.5% was in 2020.

Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to Bangladesh in 2022:

1. Hong Kong SAR (3238.0 kg)
2. India (103.0 kg)
3. Vietnam (84.0 kg)
4. China (74.0 kg)

Source: IndexBox Market Intelligence Platform