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

Contents:

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

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

In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $1,418 per ton, increasing by 15% against the previous year. Over the period under review, the import price recorded a notable increase. The pace of growth appeared the most rapid in 2014 an increase of 124% against the previous year. As a result, import price reached the peak level of $2,573 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Italy.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +1.2% per year.

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

The average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses stood at $310 per ton in 2022, waning by -38.5% against the previous year. In general, the export price saw a abrupt downturn. The growth pace was the most rapid in 2014 an increase of 33% against the previous year. As a result, the export price attained the peak level of $761 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($310 per ton), while the average price for exports to Turkey amounted to $310 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-2.2%), 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 Serbia

In 2022, supplies from abroad of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses decreased by -38.5% to 82 tons, falling for the second year in a row after two years of growth. In general, imports faced a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 133 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses contracted sharply to $116K in 2022. Over the period under review, imports continue to indicate a pronounced decrease. The growth pace was the most rapid in 2021 when imports increased by 14%. As a result, imports reached the peak of $163K, and then declined notably in the following year.

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

1. Italy (80.5 tons)

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

In 2022, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses from Serbia shrank notably to 119 tons, dropping by -48.2% compared with the previous year's figure. Overall, exports faced a precipitous setback. The smallest decline of -12.6% was in 2021.

In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses reduced notably to $37K in 2022. In general, exports showed a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year.

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

1. Turkey (107.4 tons)
2. Bulgaria (11.3 tons)

Source: IndexBox Market Intelligence Platform