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

Contents:

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

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

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $507 per ton in 2022, with a decrease of -10% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 33%. Over the period under review, the average export prices hit record highs at $774 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($758 per ton), while the average price for exports to the Czech Republic ($309 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 Ukraine (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $2,515 per ton in 2022, with an increase of 34% against the previous year. In general, the import price showed a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 58%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +17.8% per year.

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

In 2022, after three years of growth, there was significant decline in shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, when their volume decreased by -83.3% to 613 tons. In general, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 75% against the previous year. As a result, the exports reached the peak of 3.7K tons, and then reduced markedly in the following year.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses shrank significantly to $311K in 2022. Overall, exports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 119%. As a result, the exports reached the peak of $2.1M, and then shrank markedly in the following year.

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

1. Russia (578.7 tons)
2. Czech Republic (24.9 tons)
3. Belgium (8.9 tons)

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

Imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Belarus contracted markedly to 1 tons in 2022, falling by -41.1% compared with the previous year's figure. In general, imports faced a dramatic decline. The smallest decline of -25.5% was in 2021.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses shrank significantly to $2.6K in 2022. Over the period under review, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 17%.

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

1. Russia (1.0 tons)

Source: IndexBox Market Intelligence Platform