Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy - 2024
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (CIF) - 2024
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Italy (FOB) - 2024
- Imports 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 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 2.1 | 1.7 | 4.8 | 5.9 | 41.1% |
United States | 5.6 | 5.5 | 3.6 | 4.5 | -7.0% |
Turkey | 2.3 | 2.1 | 3.8 | 2.6 | 4.2% |
Slovenia | 1.4 | 0.5 | 2.4 | 2.6 | 22.9% |
Malaysia | 0.3 | 0.9 | 1.5 | 2.3 | 97.2% |
Germany | 3.1 | 1.9 | 2.6 | 2.3 | -9.5% |
Mexico | 0.5 | 0.9 | 1.9 | 2.1 | 61.3% |
Romania | 0.8 | 0.5 | 0.9 | 1.8 | 31.0% |
France | 1.4 | 1.0 | 1.3 | 1.8 | 8.7% |
Israel | 0.3 | 0.5 | 1.0 | 1.7 | 78.3% |
Poland | 0.2 | 0.2 | 0.6 | 1.3 | 86.6% |
Spain | 0.7 | 0.5 | 0.4 | 0.9 | 8.7% |
Portugal | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
Others | 4.6 | 2.9 | 3.6 | 3.9 | -5.4% |
Total | 23.3 | 19.2 | 28.5 | 33.9 | 13.3% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Italy in 2022:
- United States (7.3K tons)
- Belgium (3.7K tons)
- Germany (3.3K tons)
- Turkey (3.1K tons)
- Malaysia (3.0K tons)
- Mexico (2.1K tons)
- Poland (2.1K tons)
- Romania (1.5K tons)
- France (1.1K tons)
- Slovenia (1.1K tons)
- Israel (0.8K tons)
- Portugal (0.7K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,154 | 1,227 | 2,469 | 2,500 | 5.1% |
Romania | 27.5 | 85.7 | 139 | 1,305 | 262.0% |
Netherlands | 336 | 129 | 338 | 953 | 41.6% |
Turkey | 498 | 194 | 787 | 647 | 9.1% |
Greece | 522 | 489 | 342 | 378 | -10.2% |
Slovenia | 32.5 | 25.3 | 15.9 | 281 | 105.2% |
Spain | 242 | 83.3 | 243 | 218 | -3.4% |
Belgium | 211 | 74.8 | 70.1 | 81.8 | -27.1% |
Croatia | 591 | 492 | 373 | 79.8 | -48.7% |
Indonesia | 87.6 | 98.1 | 53.2 | 45.9 | -19.4% |
South Africa | N/A | N/A | N/A | 42.9 | 0% |
Senegal | 24.9 | 36.9 | 68.4 | 33.0 | 9.8% |
United Kingdom | 260 | 198 | 165 | 10.2 | -66.0% |
Others | 466 | 475 | 389 | 457 | -0.6% |
Total | 5,452 | 3,608 | 5,455 | 7,033 | 8.9% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Italy in 2022:
- Germany (2087.9 tons)
- Romania (842.5 tons)
- Turkey (557.2 tons)
- Greece (418.3 tons)
- South Africa (392.0 tons)
- Slovenia (316.2 tons)
- Croatia (315.7 tons)
- Netherlands (264.8 tons)
- Spain (239.6 tons)
- Indonesia (166.5 tons)
- Belgium (97.6 tons)
- Senegal (82.9 tons)
- United Kingdom (10.8 tons)
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