Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia - 2022
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia (FOB) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia (CIF) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia (FOB) - 2022
The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $1,156 per ton in 2022, with an increase of 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The pace of growth appeared the most rapid in 2018 an increase of 23%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($1,848 per ton), while the average price for exports to Taiwan (Chinese) ($273 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 Turkey (+19.8%), 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 Indonesia (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $475 per ton, growing by 28% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. The import price peaked at $756 per ton in 2015; however, from 2016 to 2022, 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 South Korea ($552 per ton), while the price for Italy ($287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia
In 2022, approx. 2.9K tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Indonesia; approximately reflecting the year before. Over the period under review, exports showed a abrupt contraction.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $3.4M in 2022. In general, exports saw a abrupt shrinkage.
Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,091 | 60.6 | 259 | 1,762 | 17.3% |
Turkey | 528 | 474 | 532 | 574 | 2.8% |
Australia | 1,425 | 1,106 | 1,301 | 545 | -27.4% |
South Korea | 216 | 145 | 77.7 | 234 | 2.7% |
Malaysia | 264 | 67.1 | 74.5 | 130 | -21.0% |
United Kingdom | 584 | 736 | 276 | 55.1 | -54.5% |
New Zealand | 45.7 | 43.0 | 164 | 24.7 | -18.5% |
Thailand | 12.6 | 62.3 | 175 | 13.5 | 2.3% |
Netherlands | 187 | 39.8 | N/A | N/A | -78.7% |
Canada | 405 | N/A | N/A | N/A | 0% |
Others | 101 | 75.8 | 13.4 | 31.5 | -32.2% |
Total | 4,860 | 2,810 | 2,873 | 3,371 | -11.5% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Indonesia in 2022:
- India (1597.5 tons)
- Australia (554.1 tons)
- Turkey (341.7 tons)
- Malaysia (135.2 tons)
- South Korea (126.8 tons)
- United Kingdom (63.6 tons)
- Thailand (23.7 tons)
- New Zealand (21.2 tons)
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia
In 2022, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -9.1% to 6.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses skyrocketed to $3.1M in 2022. The total import value increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 242 | 345 | 626 | 650 | 39.0% |
Taiwan (Chinese) | 813 | 549 | 361 | 641 | -7.6% |
Vietnam | 634 | 351 | 525 | 462 | -10.0% |
Israel | 187 | 166 | 363 | 285 | 15.1% |
Japan | 488 | 392 | 310 | 263 | -18.6% |
Malaysia | N/A | N/A | 16.7 | 260 | 1456.9% |
Spain | 144 | 218 | 320 | 188 | 9.3% |
Italy | 52.4 | 85.3 | 78.7 | 68.3 | 9.2% |
Others | 290 | 180 | 85.9 | 311 | 2.4% |
Total | 2,852 | 2,285 | 2,687 | 3,129 | 3.1% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Indonesia in 2022:
- Vietnam (1293.3 tons)
- Taiwan (Chinese) (1240.0 tons)
- South Korea (1177.8 tons)
- Japan (674.8 tons)
- Israel (596.4 tons)
- Malaysia (575.7 tons)
- Spain (383.9 tons)
- Italy (237.7 tons)
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