Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Peru - 2022

Contents:

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

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

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,436 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($3,499 per ton) and Brazil ($3,496 per ton), while the average price for exports to Mexico ($3,290 per ton) and Italy ($3,296 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.5%), 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 Peru (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,963 per ton, picking up by 10% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26%. Over the period under review, average import prices attained the peak figure at $4,574 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($7,982 per ton), while the price for Vietnam ($1,434 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 8.7K tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were exported from Peru; surging by 3.7% on 2021 figures. The total export volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings skyrocketed to $30M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. Bolivia (4062.5 tons)
2. Brazil (1692.8 tons)
3. Colombia (869.2 tons)
4. Mexico (667.1 tons)
5. Italy (366.1 tons)
6. United States (300.1 tons)
7. Guatemala (239.8 tons)
8. Ecuador (163.4 tons)

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

In 2022, the amount of synthetic staple fibres, carded, combed or otherwise processed for spinnings imported into Peru totaled 1.1K tons, growing by 5.3% on 2021 figures. In general, imports, however, continue to indicate a noticeable reduction.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $4.3M in 2022. The total import value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 27%. Imports peaked in 2022 and are expected to retain growth in the near future.

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

1. Mexico (625.4 tons)
2. Germany (125.8 tons)
3. Italy (107.4 tons)
4. Vietnam (72.9 tons)
5. India (64.2 tons)
6. China (33.3 tons)
7. Taiwan (Chinese) (26.9 tons)

Source: IndexBox Market Intelligence Platform