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

Contents:

1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Germany (FOB) - 2023
2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Germany (CIF) - 2022
3. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Germany
4. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Germany

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Germany (FOB) - 2023

In November 2023, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,683 per ton, falling by -36.3% against the previous month. In general, the export price recorded a perceptible decline. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 67% against the previous month. As a result, the export price reached the peak level of $13,933 per ton. From August 2023 to November 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($7,343 per ton), while the average price for exports to Turkey ($4,088 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,126 per ton in 2022, waning by -9.4% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2017 an increase of 92% against the previous year. The import price peaked at $19,098 per ton in 2018; however, from 2019 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 Japan ($27,778 per ton), while the price for Belgium ($1,203 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings were finally on the rise to reach 4.5K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $23M in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Turkey (1452.6 tons)
2. Bulgaria (587.8 tons)
3. Italy (433.8 tons)
4. Czech Republic (351.3 tons)
5. Romania (220.1 tons)
6. Poland (213.7 tons)
7. India (163.9 tons)
8. Spain (124.8 tons)
9. Mexico (122.0 tons)
10. China (112.0 tons)
11. Iran (103.3 tons)
12. United Kingdom (102.8 tons)
13. Belgium (83.5 tons)

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

For the fourth year in a row, Germany recorded growth in supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which increased by 66% to 3K tons in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 225% against the previous year. Imports peaked 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 skyrocketed to $9.3M in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. Imports peaked in 2022 and are expected to retain growth in years to come.

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

1. Belgium (2225.2 tons)
2. Italy (178.8 tons)
3. Netherlands (170.1 tons)
4. France (138.1 tons)
5. Turkey (104.8 tons)
6. Poland (62.9 tons)
7. Japan (32.4 tons)

Source: IndexBox Market Intelligence Platform