Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK - 2023
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (CIF) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (FOB) - 2022
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $1,500 per ton, with a decrease of -51.9% against the previous year. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average import price increased by 307%. Over the period under review, average import prices attained the peak figure at $8,223 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($2,919 per ton), while the price for Greece ($45 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (FOB) - 2022
In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses amounted to $926 per ton, increasing by 134% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 when the average export price increased by 281%. As a result, the export price attained the peak level of $3,924 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,679 per ton), while the average price for exports to Germany ($397 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 the United States (+3.0%), while the prices for the other major destinations experienced a decline.
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK
In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses into the UK soared to 38 tons, rising by 145% against the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,760%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses skyrocketed to $58K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 383% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 49.0 | 53.6 | 9.4% |
| Greece | N/A | N/A | N/A | 0.8 | 0% |
| Italy | N/A | N/A | N/A | 0.2 | 0% |
| India | N/A | 27.1 | N/A | N/A | 0% |
| Others | 5.9 | 1.4 | N/A | 3.0 | -20.2% |
| Total | 5.9 | 28.5 | 49.0 | 57.7 | 113.8% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres to the UK in 2022:
- Greece (19.0 tons)
- Germany (18.4 tons)
- Italy (1.0 tons)
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK
In 2022, approx. 24 tons of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses were exported from the UK; jumping by 45% compared with 2021. Overall, exports, however, recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when exports increased by 154% against the previous year.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of artificial fibreses soared to $23K in 2022. In general, exports, however, continue to indicate a significant curtailment.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 14.6 | 0% |
| United States | N/A | N/A | N/A | 7.1 | 0% |
| Germany | 73.3 | N/A | 4.1 | 0.9 | -76.9% |
| Switzerland | N/A | 5.1 | N/A | N/A | 0% |
| North Macedonia | N/A | N/A | 1.0 | N/A | 0% |
| Indonesia | N/A | 7.3 | N/A | N/A | 0% |
| Australia | 1.3 | 5.2 | 1.5 | N/A | 7.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 74.6 | 17.7 | 6.7 | 22.6 | -32.8% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Artificial Fibres from the UK in 2022:
- Italy (19.4 tons)
- United States (2.7 tons)
- Germany (2.4 tons)
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