Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bolivia - 2023

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bolivia (CIF) - 2022
  2. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bolivia

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,553 per ton in 2022, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2018 an increase of 16%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Mexico ($3,985 per ton), while the price for Taiwan (Chinese) ($454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into Bolivia was estimated at 4.3K tons, surging by 3% on the previous year's figure. The total import volume increased at an average annual rate of +6.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings rose significantly to $15M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 36% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Bolivia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru9.99.212.614.212.8%
Mexico1.00.30.50.8-7.2%
Taiwan (Chinese)0.10.10.10.226.0%
South Korea0.10.10.10.226.0%
Others0.10.10.10.10.0%
Total11.29.913.515.411.2%

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

  1. Peru (3566.9 tons)
  2. Taiwan (Chinese) (374.4 tons)
  3. Mexico (196.5 tons)
  4. South Korea (178.3 tons)

Source: IndexBox Market Intelligence Platform

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