Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Australia - 2024

Contents:

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

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $656 per ton in 2022, dropping by -6.4% against the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2016 an increase of 99% against the previous year. As a result, import price reached the peak level of $1,693 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,477 per ton), while the price for France ($401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $857 per ton, waning by -52.4% against the previous year. Overall, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 433% against the previous year. The export price peaked at $3,248 per ton in 2013; however, from 2014 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 Singapore.

From 2012 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to +25.0% per year.

Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Australia

In 2022, purchases abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -7.3% to 422 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. As a result, imports attained the peak of 1.9K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined to $277K in 2022. Overall, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 26%. As a result, imports attained the peak of $987K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Netherlands (178.5 tons)
2. France (139.9 tons)
3. United States (39.0 tons)
4. Germany (35.3 tons)
5. New Zealand (21.0 tons)
6. Belgium (8.3 tons)

Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Australia

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses exported from Australia dropped significantly to 2.1 tons, declining by -95.3% against the previous year's figure. In general, exports faced a dramatic decline. The smallest decline of -61.2% was in 2020.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined dramatically to $1.8K in 2022. Overall, exports faced a dramatic decrease. The smallest decline of -58.8% was in 2021.

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

1. Singapore (2.1 tons)

Source: IndexBox Market Intelligence Platform