Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus - 2022

Contents:

1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus (FOB) - 2022
2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus (CIF) - 2022
3. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus
4. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,876 per ton, surging by 1.8% against the previous year. In general, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 8.3% against the previous year. Over the period under review, the average export prices reached the maximum at $3,413 per ton in 2012; however, from 2013 to 2022, the 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 Moldova ($3,442 per ton), while the average price for exports to Russia amounted to $2,872 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+0.0%), while the prices for the other major destinations experienced a decline.

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus (CIF) - 2022

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,981 per ton in 2022, increasing by 8.2% against the previous year. In general, the import price recorded a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 63% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 Russia ($7,109 per ton), while the price for Germany totaled $3,621 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+12.3%).

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus

In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -38.8% to 376 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 264% against the previous year. As a result, the exports attained the peak of 613 tons, and then dropped remarkably in the following year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings dropped markedly to $1.1M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 283%. As a result, the exports attained the peak of $1.7M, and then reduced remarkably in the following year.

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Belarus in 2022:

1. Russia (372.8 tons)
2. Moldova (1.5 tons)

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Belarus

After three years of growth, overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -82.9% to 9.1 tons in 2022. In general, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 88% against the previous year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted remarkably to $36K in 2022. Overall, imports saw a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of 147% against the previous year.

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Belarus in 2022:

1. Germany (8.1 tons)
2. Russia (1.0 tons)

Source: IndexBox Market Intelligence Platform