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

Contents:

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

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

In November 2023, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $3,454 per ton, waning by -9.1% against the previous month. Over the period under review, the import price, however, saw a measured increase. The growth pace was the most rapid in February 2023 when the average import price increased by 141% month-to-month. Over the period under review, average import prices attained the maximum at $9,254 per ton in May 2023; however, from June 2023 to November 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From December 2022 to November 2023, the rate of growth in terms of prices for Bulgaria amounted to +20.3% per month.

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

In 2022, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $4,044 per ton, shrinking by -13.2% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -20.1% against 2020 indices. The growth pace was the most rapid in 2013 when the average export price increased by 47%. Over the period under review, the average export prices hit record highs at $5,061 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($12,933 per ton), while the average price for exports to Turkey ($1,257 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after two years of decline, there was significant growth in purchases abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume increased by 88% to 579 tons. Overall, imports enjoyed a strong increase. As a result, imports attained 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 $3M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.5% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (396.6 tons)
2. Turkey (63.7 tons)
3. Italy (56.9 tons)
4. Bulgaria (42.0 tons)
5. France (12.0 tons)
6. China (6.5 tons)

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

In 2022, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings from Poland skyrocketed to 136 tons, increasing by 70% against 2021 figures. Over the period under review, exports showed a significant expansion. 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 skyrocketed to $552K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Turkey (43.5 tons)
2. Russia (30.7 tons)
3. Romania (21.8 tons)
4. Germany (21.4 tons)
5. Lithuania (12.8 tons)
6. Austria (2.4 tons)
7. Italy (1.1 tons)
8. Bulgaria (0.9 tons)

Source: IndexBox Market Intelligence Platform