Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bolivia - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bolivia (CIF) - 2024
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bolivia
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bolivia (CIF) - 2024
In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,356 per ton, falling by -34.6% against the previous month. In general, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 55% month-to-month. Over the period under review, average import prices hit record highs at $2,163 per ton in December 2023; however, from January 2024 to March 2024, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was South Korea ($1,459 per ton), while the price for Peru ($1,249 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Indonesia (0.0%), 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 Bolivia
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Bolivia surged to 8.9K tons, growing by 34% compared with the year before. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $12M in 2022. Overall, imports recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 95% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Bolivia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,417 | 1,098 | 2,670 | 3,372 | 33.5% |
| South Korea | 1,413 | 591 | 1,366 | 2,068 | 13.5% |
| Peru | 327 | 156 | 36.8 | 234 | -10.6% |
| El Salvador | 30.1 | 25.6 | 21.8 | N/A | -14.9% |
| Others | 3,556 | 2,655 | 4,710 | 5,846 | 18.0% |
| Total | 6,743 | 4,526 | 8,805 | 11,520 | 19.5% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Bolivia in 2022:
- South Korea (2.6K tons)
- China (1.1K tons)
- Peru (0.1K tons)
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