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

Contents:

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

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $994 per ton in 2022, falling by -5.6% against the previous year. In general, the import price showed a noticeable descent. The pace of growth was the most pronounced in 2021 when the average import price increased by 22%. Over the period under review, average import prices hit record highs at $1,527 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Russia ($2,825 per ton), while the price for Latvia ($685 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.1%), 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 Lithuania (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $719 per ton, growing by 6.5% against the previous year. Over the period under review, the export price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2021 when the average export price increased by 30%. Over the period under review, the average export prices reached the peak figure at $1,191 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($987 per ton), while the average price for exports to the Netherlands ($229 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 India (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Lithuania surged to 2.6K tons in 2022, jumping by 111% compared with the previous year. In general, imports showed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $2.5M in 2022. Overall, imports recorded strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia16.818.712.0860271.3%
Poland39825837161615.7%
Belgium25182.816049825.7%
Romania365411207343-2.1%
Spain10415.431080.8-8.1%
United Kingdom3445.767.730.5-55.4%
Germany82.051.741.522.4-35.1%
Others17811310287.8-21.0%
Total1,7399561,2712,53813.4%

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

  1. Latvia (1255.0 tons)
  2. Poland (542.6 tons)
  3. Belgium (379.0 tons)
  4. Romania (237.1 tons)
  5. Spain (44.2 tons)
  6. Germany (27.7 tons)
  7. United Kingdom (16.4 tons)

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

In 2022, approx. 53 tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Lithuania; shrinking by -22% against the previous year. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 103%.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses fell sharply to $38K in 2022. In general, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 164% against the previous year.

Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4.810.931.330.384.8%
Spain4.2N/A7.54.41.6%
Netherlands0.30.10.43.7131.0%
Belgium7.6N/AN/AN/A0%
Germany24.36.67.1N/A-45.9%
India19.8N/AN/AN/A0%
Others1.5N/AN/AN/A0%
Total62.517.546.338.4-15.0%

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

  1. Italy (32.6 tons)
  2. Netherlands (16.3 tons)
  3. Spain (4.5 tons)

Source: IndexBox Market Intelligence Platform

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