Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States - 2024
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States (FOB) - 2024
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States (CIF) - 2022
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States (FOB) - 2024
In December 2023, the average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $11,361 per ton, rising by 45% against the previous month. In general, the export price showed a temperate expansion. The most prominent rate of growth was recorded in September 2023 an increase of 110% against the previous month. As a result, the export price reached the peak level of $18,147 per ton. From October 2023 to December 2023, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was the Netherlands ($57,042 per ton), while the average price for exports to India ($2,400 per ton) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+34.9%), 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 the United States (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $6,018 per ton, with an increase of 57% against the previous year. Over the period under review, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by +111.4% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($15,524 per ton), while the price for Peru ($3,539 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+45.5%), 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 the United States
In 2022, overseas shipments of synthetic staple fibres, carded, combed or otherwise processed for spinnings increased by 76% to 2.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +8.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained 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 $17M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 3,415 | 2,388 | 1,668 | 3,782 | 3.5% |
| Netherlands | 3,661 | 2,422 | 1,488 | 3,677 | 0.1% |
| South Korea | 52.9 | 860 | 1,933 | 1,874 | 228.4% |
| Turkey | 22.2 | 70.5 | 289 | 1,847 | 336.6% |
| Japan | 569 | 177 | 242 | 827 | 13.3% |
| India | 353 | 439 | 891 | 683 | 24.6% |
| United Kingdom | 93.2 | 87.3 | 111 | 540 | 79.6% |
| Israel | 524 | 346 | 55.3 | 471 | -3.5% |
| Vietnam | 69.8 | 72.7 | 147 | 460 | 87.5% |
| Canada | 400 | 700 | 855 | 289 | -10.3% |
| Belgium | 9.9 | N/A | N/A | 116 | 127.1% |
| Guatemala | 499 | 116 | 154 | 105 | -40.5% |
| Italy | 19.0 | N/A | 14.3 | 71.9 | 55.8% |
| Others | 2,829 | 5,550 | 2,171 | 2,000 | -10.9% |
| Total | 12,517 | 13,230 | 10,019 | 16,742 | 10.2% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from the United States in 2022:
- Turkey (483.9 tons)
- Mexico (427.0 tons)
- India (245.4 tons)
- Israel (240.9 tons)
- United Kingdom (158.8 tons)
- Netherlands (106.0 tons)
- Vietnam (79.1 tons)
- Canada (73.4 tons)
- South Korea (46.8 tons)
- Italy (38.2 tons)
- Belgium (35.4 tons)
- Japan (34.8 tons)
- Guatemala (29.0 tons)
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States
In 2022, overseas purchases of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -81.1% to 606 tons, falling for the second consecutive year after two years of growth. In general, imports saw a dramatic curtailment. The growth pace was the most rapid in 2020 when imports increased by 24% against the previous year. As a result, imports reached the peak of 4.5K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined rapidly to $3.6M in 2022. Over the period under review, imports showed a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 2.5%. As a result, imports attained the peak of $13M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Peru | 1.2 | 0.4 | 0.9 | 1.1 | -2.9% |
| Taiwan (Chinese) | 0.5 | 0.4 | 0.5 | 0.8 | 17.0% |
| China | 0.6 | 0.4 | 0.2 | 0.7 | 5.3% |
| Italy | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| France | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Germany | 1.3 | 0.3 | 0.3 | 0.2 | -46.4% |
| South Korea | 1.3 | N/A | 0.5 | 0.2 | -46.4% |
| Mexico | 1.4 | 0.2 | 0.2 | N/A | -62.2% |
| Portugal | 1.9 | 6.1 | 6.2 | N/A | 80.6% |
| Turkey | 4.1 | 4.8 | 3.2 | N/A | -11.7% |
| Others | 0.1 | 0.1 | 0.3 | 0.1 | 0.0% |
| Total | 12.5 | 12.8 | 12.3 | 3.6 | -34.0% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to the United States in 2022:
- Peru (313.0 tons)
- China (89.5 tons)
- Taiwan (Chinese) (54.1 tons)
- France (43.6 tons)
- Germany (41.2 tons)
- Italy (20.6 tons)
- South Korea (19.6 tons)
- Turkey (9.7 tons)
- Mexico (5.9 tons)
407
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This report provides an in-depth analysis of the synthetic staple fibre market in the USA.
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Global Synthetic Staple Fibre Market Report 2018. This report provides an in-depth analysis of the global synthetic staple fibre market.
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614
In value terms, carded and combed synthetic staple fibers imports stood at $X in 2016. Overall, carded and combed synthetic staple fibers imports continue to indicate a mild shrinkage. Global carde...
1308
In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
1218
In value terms, carded and combed synthetic staple fibers exports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average annu...
