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

Contents:

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

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

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,139 per ton, with a decrease of -16.6% against the previous year. Overall, the export price, however, showed a measured expansion. The growth pace was the most rapid in 2020 when the average export price increased by 99%. As a result, the export price attained the peak level of $1,401 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($3,687 per ton), while the average price for exports to Germany ($366 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 Belgium (+16.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $7,408 per ton in 2022, waning by -75.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 2,134% against the previous year. The import price peaked at $29,727 per ton in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($60,000 per ton), while the price for China ($62 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+25.2%), 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 Luxembourg

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses exported from Luxembourg soared to 187 tons, rising by 52% against 2021 figures. Overall, exports, however, saw a deep reduction.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $213K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +66.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.

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

1. Spain (60.8 tons)
2. Germany (47.3 tons)
3. Italy (35.1 tons)
4. Belgium (26.3 tons)
5. India (16.8 tons)

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

After two years of decline, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses increased by 1,773% to 412 kg in 2022. Over the period under review, imports, however, saw a dramatic slump.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses soared to $3.1K in 2022. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (324.0 kg)
2. Germany (87.0 kg)
3. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform