Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (CIF) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (FOB) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $12,105 per ton, increasing by 182% against the previous year. In general, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level 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 China ($30,226 per ton), while the price for the UK ($7,251 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,161 per ton, with a decrease of -30.3% against the previous year. Overall, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,122 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($4,500 per ton), while the average price for exports to Latvia amounted to $3,033 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia
In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into Estonia contracted notably to 638 kg, falling by -84% against the previous year's figure. In general, imports recorded a sharp curtailment. The smallest decline of -25.8% was in 2020.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings fell markedly to $7.7K in 2022. Overall, imports recorded a significant contraction. The growth pace was the most rapid in 2021 with an increase of 16%.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 3.7 | 0% |
| United Kingdom | N/A | N/A | 1.9 | 3.6 | 89.5% |
| Turkey | N/A | N/A | 0.5 | 0.4 | -20.0% |
| India | 14.4 | 14.7 | 13.4 | N/A | -3.5% |
| Czech Republic | 4.8 | N/A | N/A | N/A | 0% |
| Netherlands | 2.1 | N/A | N/A | N/A | 0% |
| Others | 2.7 | N/A | 1.3 | N/A | -30.6% |
| Total | 24.1 | 14.7 | 17.1 | 7.7 | -31.6% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Estonia in 2022:
- United Kingdom (491.0 kg)
- China (124.0 kg)
- Turkey (22.0 kg)
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia
In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -87% to 230 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 149%. As a result, the exports reached the peak of 16 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined remarkably to $727 in 2022. In general, exports saw a precipitous slump. The growth pace was the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports reached the peak of $39K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | N/A | 1.1 | 0.4 | 0.6 | -26.1% |
| Ukraine | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Russia | 4.6 | N/A | N/A | N/A | 0% |
| Finland | 17.5 | 37.3 | 7.2 | N/A | -35.9% |
| Others | 2.5 | 0.6 | 0.4 | N/A | -60.0% |
| Total | 24.7 | 39.1 | 8.0 | 0.7 | -69.5% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Estonia in 2022:
- Latvia (210.0 kg)
- Ukraine (20.0 kg)
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