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

Contents:

  1. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (CIF) - 2024
  2. Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (FOB) - 2024
  3. Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy
  4. Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy

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

In April 2024, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $710 per ton, shrinking by -15.9% against the previous month. In general, the import price continues to indicate a slight downturn. The growth pace was the most rapid in December 2023 an increase of 39% against the previous month. As a result, import price reached the peak level of $1,271 per ton. From January 2024 to April 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($1,140 per ton), while the price for the United States ($547 per ton) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by France (+9.2%), 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 Italy (FOB) - 2024

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $515 per ton in April 2024, falling by -31.8% against the previous month. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in December 2023 an increase of 206% against the previous month. As a result, the export price reached the peak level of $2,507 per ton. From January 2024 to April 2024, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($666 per ton), while the average price for exports to Senegal amounted to $389 per ton.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-0.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Italy rose markedly to 34K tons, with an increase of 9.7% on the previous year. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $34M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 49%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium2.11.74.85.941.1%
United States5.65.53.64.5-7.0%
Turkey2.32.13.82.64.2%
Slovenia1.40.52.42.622.9%
Malaysia0.30.91.52.397.2%
Germany3.11.92.62.3-9.5%
Mexico0.50.91.92.161.3%
Romania0.80.50.91.831.0%
France1.41.01.31.88.7%
Israel0.30.51.01.778.3%
Poland0.20.20.61.386.6%
Spain0.70.50.40.98.7%
Portugal0.10.10.10.344.2%
Others4.62.93.63.9-5.4%
Total23.319.228.533.913.3%

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

  1. United States (7.3K tons)
  2. Belgium (3.7K tons)
  3. Germany (3.3K tons)
  4. Turkey (3.1K tons)
  5. Malaysia (3.0K tons)
  6. Mexico (2.1K tons)
  7. Poland (2.1K tons)
  8. Romania (1.5K tons)
  9. France (1.1K tons)
  10. Slovenia (1.1K tons)
  11. Israel (0.8K tons)
  12. Portugal (0.7K tons)
  13. Spain (0.7K tons)

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

Exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses from Italy dropped rapidly to 6.1K tons in 2022, with a decrease of -32.8% on the previous year's figure. Over the period under review, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $7M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 51%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,1541,2272,4692,5005.1%
Romania27.585.71391,305262.0%
Netherlands33612933895341.6%
Turkey4981947876479.1%
Greece522489342378-10.2%
Slovenia32.525.315.9281105.2%
Spain24283.3243218-3.4%
Belgium21174.870.181.8-27.1%
Croatia59149237379.8-48.7%
Indonesia87.698.153.245.9-19.4%
South AfricaN/AN/AN/A42.90%
Senegal24.936.968.433.09.8%
United Kingdom26019816510.2-66.0%
Others466475389457-0.6%
Total5,4523,6085,4557,0338.9%

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

  1. Germany (2087.9 tons)
  2. Romania (842.5 tons)
  3. Turkey (557.2 tons)
  4. Greece (418.3 tons)
  5. South Africa (392.0 tons)
  6. Slovenia (316.2 tons)
  7. Croatia (315.7 tons)
  8. Netherlands (264.8 tons)
  9. Spain (239.6 tons)
  10. Indonesia (166.5 tons)
  11. Belgium (97.6 tons)
  12. Senegal (82.9 tons)
  13. United Kingdom (10.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Nothing found. Please try again.


Nothing found. Please try again.


Free Data: Fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibres - Italy