Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (FOB) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (CIF) - 2022
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (FOB) - 2022
The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,709 per ton in 2022, surging by 164% against the previous year. In general, the export price showed a tangible expansion. Over the period under review, the average export prices attained the peak figure at $5,240 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Slovakia.
From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to +19.9% per year.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (CIF) - 2022
The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $2,862 per ton in 2022, with a decrease of -31.3% against the previous year. In general, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 213%. Over the period under review, average import prices reached the peak figure at $8,212 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,750 per ton), while the price for Turkey ($1,235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.0%), 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 Hungary
After two years of growth, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -67.3% to 9.7 tons in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 9,572% against the previous year. As a result, the exports reached the peak of 30 tons, and then dropped sharply in the following year.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined to $45K in 2022. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 4,144% against the previous year. As a result, the exports reached the peak of $53K, and then reduced in the following year.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Slovakia | N/A | 3.7 | 45.4 | 1127.0% | |
| Lithuania | N/A | 48.9 | N/A | 0% | |
| Others | 1.2 | N/A | N/A | 0% | |
| Total | 1.2 | 52.5 | 45.4 | 515.1% | |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Hungary in 2022:
- Slovakia (9.7 tons)
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary
In 2022, approx. 9.1 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Hungary; rising by 158% on the previous year. Over the period under review, imports, however, saw a sharp slump.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $26K in 2022. Overall, imports, however, showed a precipitous curtailment.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | 2.0 | 22.6 | 1030.0% |
| China | N/A | N/A | 3.1 | 3.3 | 6.5% |
| Spain | N/A | 23.3 | N/A | N/A | 0% |
| Germany | 77.9 | N/A | 0.1 | N/A | -96.4% |
| Estonia | N/A | 8.6 | N/A | N/A | 0% |
| Belarus | 1.5 | 1.3 | 5.3 | N/A | 88.0% |
| Others | 2.1 | 3.0 | 4.2 | 0.1 | -63.8% |
| Total | 81.4 | 36.1 | 14.6 | 26.0 | -31.6% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Hungary in 2022:
- Slovakia (8.5 tons)
- China (0.5 tons)
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