Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina (CIF) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,829 per ton in 2022, increasing by 23% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. Over the period under review, average import prices hit record highs at $2,981 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($7,004 per ton), while the price for Vietnam ($1,481 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.1%), while the prices for the other major suppliers experienced a decline.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina
After three years of growth, overseas purchases of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -9.5% to 44K tons in 2022. The total import volume increased at an average annual rate of +5.6% 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 with an increase of 22% against the previous year. As a result, imports reached the peak of 49K tons, and then shrank in the following year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings rose notably to $81M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Argentina (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.2 | 5.4 | 9.7 | 12.8 | 21.1% |
South Korea | 4.1 | 4.6 | 8.8 | 8.5 | 27.5% |
India | 4.8 | 4.1 | 5.2 | 5.9 | 7.1% |
Brazil | 5.1 | 2.6 | 5.2 | 4.5 | -4.1% |
Taiwan (Chinese) | 1.7 | 1.3 | 0.9 | 2.6 | 15.2% |
Thailand | 1.3 | 2.7 | 1.6 | 2.3 | 20.9% |
Vietnam | 1.2 | 1.0 | 1.6 | 2.0 | 18.6% |
Others | 28.5 | 25.3 | 39.4 | 42.2 | 14.0% |
Total | 53.9 | 47.0 | 72.4 | 80.6 | 14.4% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Argentina in 2022:
- China (7.0K tons)
- South Korea (4.8K tons)
- India (3.5K tons)
- Brazil (2.1K tons)
- Taiwan (Chinese) (1.4K tons)
- Vietnam (1.3K tons)
- Thailand (1.3K tons)
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