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

Contents:

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

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

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $55,587 per ton, with an increase of 17% against the previous year. Over the period under review, the import price recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 3,910% against the previous year. The import price peaked at $89,671 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 Denmark ($201,957 per ton), while the price for the UK ($12,947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+64.5%), 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 Norway (FOB) - 2022

In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $276 per ton, which is down by -14.3% against the previous year. In general, the export price showed a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average export price increased by 463%. Over the period under review, the average export prices hit record highs at $3,354 per ton in 2019; however, from 2020 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.6% per year.

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

In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses imported into Norway surged to 179 kg, increasing by 588% against 2021 figures. Overall, imports, however, recorded a precipitous contraction.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $9.9K in 2022. Over the period under review, imports, however, recorded a dramatic setback.

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

1. Poland (110.0 kg)
2. Denmark (23.0 kg)
3. United Kingdom (19.0 kg)
4. China (15.0 kg)
5. United States (7.0 kg)
6. Taiwan (Chinese) (5.0 kg)

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

After two years of decline, overseas shipments of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -8.2% to 4.5 tons in 2022. In general, exports, however, recorded a significant expansion.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses shrank remarkably to $1.2K in 2022. Overall, exports, however, saw a notable increase.

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

1. Germany (4.5 tons)

Source: IndexBox Market Intelligence Platform