Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (FOB) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (CIF) - 2024
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (FOB) - 2024
In March 2024, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $6,966 per ton, approximately mirroring the previous month. Overall, the export price, however, saw strong growth. The pace of growth was the most pronounced in January 2024 an increase of 52% against the previous month. Over the period under review, the average export prices hit record highs at $7,042 per ton in February 2024, and then dropped slightly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($33,492 per ton), while the average price for exports to Switzerland ($2,365 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (CIF) - 2024
In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $6,003 per ton, surging by 49% against the previous month. In general, import price indicated a perceptible expansion from March 2023 to March 2024: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2024 figures, import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings increased by +105.7% against December 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($6,543 per ton), while the price for the United States totaled $3,801 per ton.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by South Korea (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria
In 2022, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Austria dropped notably to 19K tons, waning by -25.1% against 2021. In general, exports saw a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 5.6% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings dropped notably to $72M in 2022. Over the period under review, exports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 33%.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.1 | 12.4 | 19.1 | 16.3 | 5.0% |
| United States | 6.6 | 11.0 | 13.4 | 11.5 | 20.3% |
| Italy | 11.1 | 8.1 | 11.7 | 9.6 | -4.7% |
| Netherlands | 5.8 | 5.1 | 7.0 | 5.6 | -1.2% |
| Switzerland | 4.0 | 3.6 | 4.6 | 4.5 | 4.0% |
| France | 2.8 | 2.3 | 4.0 | 4.2 | 14.5% |
| Czech Republic | 11.1 | 6.7 | 7.5 | 3.8 | -30.0% |
| Slovakia | 1.9 | 4.3 | 4.0 | 2.9 | 15.1% |
| Serbia | 0.1 | 0.1 | 0.7 | 1.5 | 146.6% |
| Others | 93.3 | 15.1 | 19.2 | 12.2 | -49.2% |
| Total | 151 | 68.6 | 91.2 | 72.1 | -21.8% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Austria in 2022:
- Germany (3.5K tons)
- Italy (3.0K tons)
- Netherlands (2.3K tons)
- United States (2.3K tons)
- France (1.6K tons)
- Czech Republic (1.4K tons)
- Switzerland (1.2K tons)
- Slovakia (1.2K tons)
- Serbia (0.6K tons)
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Austria rose sharply to 5.9K tons, picking up by 9.5% compared with the year before. Overall, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 16%.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $21M in 2022. In general, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.4 | 4.2 | 3.7 | 5.7 | 9.0% |
| Germany | 2.0 | 2.9 | 4.6 | 5.6 | 40.9% |
| Switzerland | 4.0 | 4.1 | 4.0 | 5.0 | 7.7% |
| Belgium | 1.2 | 0.8 | 2.5 | 2.0 | 18.6% |
| Czech Republic | 0.6 | 0.3 | 0.5 | 0.5 | -5.9% |
| Ireland | 0.4 | 0.3 | 0.5 | 0.5 | 7.7% |
| China | 0.1 | 0.1 | 0.1 | 0.4 | 58.7% |
| Turkey | 0.6 | 0.1 | N/A | 0.2 | -30.7% |
| United Kingdom | 0.1 | 0.5 | 0.2 | N/A | 41.4% |
| Others | 15.1 | 0.9 | 1.3 | 1.5 | -53.7% |
| Total | 28.5 | 14.2 | 17.6 | 21.5 | -9.0% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Austria in 2022:
- Germany (2239.3 tons)
- Japan (1292.6 tons)
- Switzerland (719.3 tons)
- Belgium (620.8 tons)
- Ireland (242.8 tons)
- Czech Republic (174.4 tons)
- China (160.9 tons)
- Turkey (108.7 tons)
- United Kingdom (3.8 tons)
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