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

Contents:

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

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $5,816 per ton in 2022, shrinking by -19.8% against the previous year. In general, the import price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 45% against the previous year. Over the period under review, average import prices reached the maximum at $8,457 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($25,106 per ton), while the price for Estonia ($3,806 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $16,523 per ton in 2022, reducing by -7.6% against the previous year. Overall, the export price, however, recorded a mild increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 82%. The export price peaked at $17,873 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($22,071 per ton), while the average price for exports to the Netherlands stood at $6,813 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Finland surged to 13 tons in 2022, rising by 22% compared with the previous year. In general, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year. As a result, imports attained the peak of 30 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank to $73K in 2022. Over the period under review, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2020 when imports increased by 188% against the previous year. As a result, imports attained the peak of $251K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Estonia (7.9 tons)
2. United Kingdom (2.3 tons)
3. Germany (2.0 tons)
4. Poland (0.2 tons)
5. China (0.1 tons)

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

In 2022, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -72.2% to 44 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank rapidly to $727 in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth was the most pronounced in 2021 with an increase of 157% against the previous year. As a result, the exports attained the peak of $2.8K, and then contracted sharply in the following year.

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

1. India (28.0 kg)
2. Netherlands (16.0 kg)

Source: IndexBox Market Intelligence Platform