Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Kazakhstan - 2023

Contents:

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

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

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,582 per ton, increasing by 7.1% against the previous year. Over the period under review, the import price saw a buoyant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 163% against the previous year. The import price peaked at $5,100 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,825 per ton), while the price for Kyrgyzstan totaled $1,573 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $206 per ton, shrinking by -13.7% against the previous year. Overall, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average export price increased by 43%. The export price peaked at $502 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2015 to 2022, the rate of growth in terms of prices for Kyrgyzstan amounted to +98.4% per year.

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

For the third consecutive year, Kazakhstan recorded growth in overseas purchases of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses, which increased by 40% to 82 tons in 2022. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 2,817% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $129K in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 745% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

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

1. Kyrgyzstan (79.0 tons)
2. China (2.7 tons)

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

In 2022, approx. 73 tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Kazakhstan; jumping by 78% on the year before. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 489%. As a result, the exports attained the peak of 161 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $15K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 476% against the previous year. As a result, the exports attained the peak of $27K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Russia (72.8 tons)

Source: IndexBox Market Intelligence Platform