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

Contents:

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

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

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $16,811 per ton, growing by 19% against the previous year. Overall, the import price showed slight growth. The growth pace was the most rapid in 2018 an increase of 104% against the previous year. As a result, import price reached the peak level of $20,690 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($59,667 per ton), while the price for Poland ($11,659 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+20.7%), 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 Luxembourg (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $4,353 per ton in 2022, jumping by 56% against the previous year. In general, the export price recorded a resilient expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2015 to 2022, the rate of growth in terms of prices for Belgium amounted to +17.2% per year.

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

In 2022, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Luxembourg soared to 5.2 tons, with an increase of 1,571% on 2021. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $88K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A5.2N/A84.0301.9%
France0.40.51.42.789.0%
Poland0.11.00.90.571.0%
Germany0.51.91.00.50.0%
Others0.60.81.20.5-5.9%
Total1.79.44.488.2273.0%

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

  1. United States (5.0 tons)
  2. France (0.2 tons)

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

Exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Luxembourg rose slightly to 17 tons in 2022, picking up by 2.5% against 2021. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 41,368% against the previous year. As a result, the exports attained the peak of 19 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $74K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 41,006% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium0.144.7N/A73.9804.1%
ItalyN/A11.446.1N/A304.4%
OthersN/A0.20.20.20.0%
Total0.156.346.374.1804.9%

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

  1. Belgium (17.0 tons)

Source: IndexBox Market Intelligence Platform

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