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

Contents:

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

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,352 per ton, with an increase of 109% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $1,409 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($1,619 per ton), while the average price for exports to Belgium ($285 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 Italy (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $640 per ton, which is down by -11.1% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses increased by +53.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 73% against the previous year. As a result, import price attained the peak level of $719 per ton, and then reduced in the following year.

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 Belgium ($1,036 per ton), while the price for Germany ($571 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses from Denmark surged to 5K tons in 2022, with an increase of 2,722% compared with the year before. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $6.8M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Poland (1640.4 tons)
2. Germany (980.0 tons)
3. Italy (851.7 tons)
4. Netherlands (429.3 tons)
5. Finland (415.6 tons)
6. Belgium (243.9 tons)
7. Sweden (151.7 tons)
8. Slovenia (120.5 tons)

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

After three years of growth, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -59.4% to 6.2K tons in 2022. In general, imports continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when imports increased by 92% against the previous year. As a result, imports attained the peak of 15K tons, and then reduced rapidly in the following year.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses reduced remarkably to $4M in 2022. Overall, imports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 232%. As a result, imports attained the peak of $11M, and then declined markedly in the following year.

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

1. Germany (5.2K tons)
2. Belgium (0.7K tons)
3. Sweden (0.2K tons)

Source: IndexBox Market Intelligence Platform