Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain - 2024
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain (CIF) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain (FOB) - 2024
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $695 per ton, waning by -5.4% against the previous year. Over the period under review, the import price recorded a perceptible curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $887 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,500 per ton), while the price for Morocco ($132 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.9%), 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 Spain (FOB) - 2024
In April 2024, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $774 per ton, growing by 11% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 29% month-to-month. Over the period under review, the average export prices attained the peak figure at $782 per ton in April 2023; however, from May 2023 to April 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($1,305 per ton), while the average price for exports to Morocco ($120 per ton) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (+5.2%), 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 Spain
In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Spain soared to 8.5K tons, rising by 46% compared with 2021. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses surged to $5.9M in 2022. Over the period under review, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 52% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 2,236 | 1,327 | 1,846 | 2,329 | 1.4% |
United States | 195 | 326 | 440 | 609 | 46.2% |
Portugal | 222 | 204 | 363 | 468 | 28.2% |
El Salvador | 272 | 188 | 233 | 365 | 10.3% |
Poland | 185 | 132 | 207 | 357 | 24.5% |
Germany | 132 | 63.6 | 174 | 313 | 33.3% |
France | 110 | 142 | 31.4 | 308 | 40.9% |
Turkey | 66.9 | 179 | 261 | 246 | 54.3% |
Morocco | N/A | N/A | 276 | 212 | -23.2% |
Others | 491 | 247 | 449 | 698 | 12.4% |
Total | 3,910 | 2,811 | 4,280 | 5,906 | 14.7% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Spain in 2022:
- Morocco (1603.1 tons)
- Belgium (1552.6 tons)
- France (1307.3 tons)
- United States (750.1 tons)
- Portugal (592.8 tons)
- Germany (568.6 tons)
- El Salvador (553.0 tons)
- Poland (332.5 tons)
- Turkey (284.4 tons)
Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain
In 2022, approx. 4.7K tons of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses were exported from Spain; shrinking by -15.9% on 2021 figures. In general, total exports indicated noticeable growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.0% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 51%. As a result, the exports attained the peak of 5.6K tons, and then plummeted in the following year.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses declined to $4.3M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $4.5M, and then declined in the following year.
Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 699 | 731 | 573 | 1,356 | 24.7% |
Germany | 329 | 630 | 1,363 | 1,008 | 45.2% |
Portugal | 19.0 | 119 | 739 | 544 | 205.9% |
Turkey | 82.3 | 69.5 | 346 | 390 | 68.0% |
Canada | 203 | 109 | 188 | 195 | -1.3% |
Morocco | 12.4 | 0.3 | 19.5 | 165 | 137.0% |
El Salvador | N/A | 66.7 | 301 | 108 | 27.2% |
Indonesia | 155 | 103 | 225 | 106 | -11.9% |
Romania | 87.5 | 153 | 53.8 | 90.3 | 1.1% |
France | 84.4 | 42.5 | 10.0 | 75.9 | -3.5% |
Lithuania | 98.1 | 33.5 | 258 | 36.7 | -27.9% |
Algeria | 828 | 4.8 | 71.4 | 22.3 | -70.0% |
Honduras | 412 | N/A | N/A | N/A | 0% |
Others | 711 | 462 | 382 | 209 | -33.5% |
Total | 3,721 | 2,524 | 4,529 | 4,306 | 5.0% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Spain in 2022:
- Italy (1358.2 tons)
- Germany (846.1 tons)
- Portugal (524.2 tons)
- Morocco (443.2 tons)
- Turkey (302.1 tons)
- Canada (250.9 tons)
- Indonesia (250.7 tons)
- France (143.2 tons)
- Romania (119.0 tons)
- El Salvador (108.0 tons)
- Lithuania (45.9 tons)
- Algeria (38.2 tons)
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