Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Serbia - 2024

Contents:

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

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

The average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $3,443 per ton in 2022, leveling off at the previous year. In general, the import price, however, posted moderate growth. The pace of growth appeared the most rapid in 2017 an increase of 64% against the previous year. Over the period under review, average import prices reached the peak figure at $3,444 per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,239 per ton), while the price for the Czech Republic ($821 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.8%), 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 Serbia (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $13,558 per ton in 2021, jumping by 70% against the previous year. Overall, the export price saw prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 258%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($38,571 per ton), while the average price for exports to Montenegro ($5,000 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+34.1%), 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 Serbia

In 2022, approx. 105 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Serbia; increasing by 50% on 2021. Overall, imports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 120% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $363K in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 172%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey48.418.218727177.6%
Belgium10.914.721.726.133.8%
Taiwan (Chinese)N/AN/AN/A23.60%
Italy9.40.31.08.6-2.9%
CroatiaN/AN/AN/A7.90%
VietnamN/AN/A17.07.7-54.7%
North Macedonia3.13.84.95.218.8%
Czech Republic2.11.91.52.33.1%
China0.743.30.20.3-24.6%
Bosnia and Herzegovina2.8N/AN/AN/A0%
Others7.76.88.410.811.9%
Total85.188.924236362.2%

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

  1. Turkey (65.8 tons)
  2. Taiwan (Chinese) (11.1 tons)
  3. Croatia (8.5 tons)
  4. Belgium (6.2 tons)
  5. Italy (5.1 tons)
  6. Vietnam (3.3 tons)
  7. Czech Republic (2.8 tons)
  8. North Macedonia (1.4 tons)

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

In 2021, after two years of growth, there was significant decline in overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings, when their volume decreased by -34.2% to 208 kg. In general, total exports indicated tangible growth from 2019 to 2021: its volume increased at an average annual rate of +2.0% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +4.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, the exports attained the peak of 316 kg, and then reduced markedly in the following year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings expanded sharply to $2.8K in 2021. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 465%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Serbia (USD)
COUNTRY201920202021CAGR,
2019-2021
North Macedonia2161,3181,592171.5%
Turkey130728810149.6%
Bosnia and Herzegovina49.0241225114.3%
Germany23.0164130137.7%
Croatia7.034.033.0117.1%
Montenegro21.036.030.019.5%
OthersN/AN/AN/A0%
Total4462,5212,820151.5%

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

  1. North Macedonia (157.0 kg)
  2. Turkey (21.0 kg)
  3. Bosnia and Herzegovina (15.0 kg)
  4. Montenegro (6.0 kg)
  5. Germany (5.0 kg)
  6. Croatia (4.0 kg)

Source: IndexBox Market Intelligence Platform

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