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

Contents:

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

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,599 per ton in 2022, with an increase of 71% against the previous year. In general, the import price posted a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 131%. As a result, import price attained the peak level of $1,829 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Honduras ($1,756 per ton), while the price for Spain ($841 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+53.4%), 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 Chile (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,177 per ton, with an increase of 6.6% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 44%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($1,399 per ton), while the average price for exports to Paraguay ($978 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 Peru (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -67% to 129 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2020 when imports increased by 145%.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell sharply to $207K in 2022. Overall, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 175% against the previous year. As a result, imports attained the peak of $367K, and then plummeted in the following year.

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

1. Honduras (60.3 tons)
2. China (50.0 tons)
3. Spain (19.0 tons)

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

For the third consecutive year, Chile recorded growth in shipments abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which increased by 18% to 133 tons in 2022. Overall, total exports indicated a significant expansion from 2020 to 2022: its volume increased at an average annual rate of +26.3% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.5% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 36%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $156K in 2022. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

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

1. Paraguay (68.7 tons)
2. Bolivia (56.1 tons)
3. Peru (8.1 tons)

Source: IndexBox Market Intelligence Platform