Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam - 2022
Contents:
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (FOB) - 2022
- Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (CIF) - 2022
- Exports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam
- Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (FOB) - 2022
In 2022, the average export price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $841 per ton, rising by 2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 16% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($1,557 per ton), while the average price for exports to Indonesia ($353 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 Taiwan (Chinese) (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (CIF) - 2022
In 2022, the average import price for fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses amounted to $411 per ton, picking up by 33% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 106% against the previous year. As a result, import price reached the peak level of $613 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($492 per ton), while the price for Taiwan (Chinese) totaled $396 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+24.8%), 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 Vietnam
In 2022, the amount of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses exported from Vietnam fell sharply to 4.9K tons, waning by -23.2% against the year before. Overall, exports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 196% against the previous year. As a result, the exports reached the peak of 6.3K tons, and then contracted notably in the following year.
In value terms, exports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses contracted significantly to $4.1M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 192% against the previous year. As a result, the exports reached the peak of $5.2M, and then shrank dramatically in the following year.
| Export of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 1,652 | 858 | 3,361 | 2,652 | 17.1% |
| Thailand | 190 | 123 | 674 | 519 | 39.8% |
| Indonesia | 736 | 233 | 525 | 470 | -13.9% |
| Japan | 1,000 | 243 | 374 | 296 | -33.4% |
| Taiwan (Chinese) | 413 | 277 | 105 | 79.3 | -42.3% |
| Others | 78.8 | 56.0 | 184 | 71.6 | -3.1% |
| Total | 4,070 | 1,790 | 5,223 | 4,088 | 0.1% |
Top Export Markets for Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres from Vietnam in 2022:
- South Korea (1702.9 tons)
- Indonesia (1333.6 tons)
- Thailand (1118.1 tons)
- Japan (562.8 tons)
- Taiwan (Chinese) (87.2 tons)
Imports of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam
In 2022, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses into Vietnam surged to 2.8K tons, rising by 43% against the year before. Overall, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 46%.
In value terms, imports of fibres; waste (including noils, yarn waste and garnetted stock), of synthetic fibreses skyrocketed to $1.2M in 2022. Over the period under review, imports, however, showed a abrupt decrease.
| Import of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,141 | 261 | 498 | 957 | -5.7% |
| Japan | 249 | 161 | 102 | 209 | -5.7% |
| Others | 165 | 70.6 | 13.1 | 0.7 | -83.8% |
| Total | 1,555 | 493 | 612 | 1,167 | -9.1% |
Top Suppliers of Fibres; Waste (Including Noils, Yarn Waste and Garnetted Stock), of Synthetic Fibres to Vietnam in 2022:
- Taiwan (Chinese) (2415.4 tons)
- Japan (425.3 tons)
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