Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina - 2022
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina (FOB) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina (FOB) - 2022
The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $2,568 per ton in 2022, with an increase of 25% against the previous year. In general, the export price continues to indicate pronounced growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 56%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($12,339 per ton), while the average price for exports to Taiwan (Chinese) ($1,397 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 South Korea (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina
For the third consecutive year, Argentina recorded decline in overseas shipments of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which decreased by -43.5% to 11 tons in 2022. Over the period under review, exports showed a significant decline. The smallest decline of -28.1% was in 2021.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell significantly to $27K in 2022. Overall, exports faced a sharp downturn.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 246 | 30.0 | 16.6 | 10.3 | -65.3% |
| India | 21.9 | 12.7 | 11.9 | 9.3 | -24.8% |
| Taiwan (Chinese) | 13.7 | 7.7 | 7.0 | 5.3 | -27.1% |
| Belgium | 9.1 | 4.1 | 2.7 | 2.0 | -39.7% |
| South Korea | 150 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 441 | 54.6 | 38.3 | 27.0 | -60.6% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Argentina in 2022:
- Taiwan (Chinese) (3.8 tons)
- India (3.3 tons)
- Brazil (3.2 tons)
- Belgium (0.2 tons)
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