Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia - 2024

Contents:

  1. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (CIF) - 2022
  2. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (FOB) - 2022
  3. Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia
  4. Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,690 per ton, surging by 19% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 151%. As a result, import price reached the peak level of $3,333 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($1,751 per ton) and Vietnam ($1,692 per ton), while the price for Bulgaria ($1,517 per ton) and China ($1,583 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (+0.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $2,093 per ton, rising by 7.4% against the previous year. In general, the export price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 67%. Over the period under review, the average export prices reached the peak figure at $2,563 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($5,696 per ton), while the average price for exports to Finland ($1,777 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia

In 2022, approx. 14K tons of synthetic staple fibres, not carded, combed or otherwise processed for spinnings were imported into Estonia; declining by -18.9% compared with the previous year's figure. In general, imports showed a precipitous contraction. The smallest decline of -12.5% was in 2021.

In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings dropped modestly to $24M in 2022. Overall, imports saw a abrupt setback. The pace of growth appeared the most rapid in 2021 when imports increased by 18% against the previous year.

Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.92.85.17.098.1%
Vietnam1.41.41.95.557.8%
South Korea4.32.02.73.5-6.6%
Taiwan (Chinese)2.72.61.92.2-6.6%
Lithuania0.50.51.31.750.4%
Belarus0.16.94.21.4141.0%
Bulgaria0.20.60.90.644.2%
Thailand3.21.31.40.3-54.6%
Turkey7.00.40.7N/A-68.4%
Others26.52.95.12.3-55.7%
Total47.021.425.424.4-19.6%

Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Estonia in 2022:

  1. China (4.4K tons)
  2. Vietnam (3.2K tons)
  3. South Korea (2.1K tons)
  4. Taiwan (Chinese) (1.2K tons)
  5. Lithuania (1.1K tons)
  6. Belarus (0.8K tons)
  7. Bulgaria (0.4K tons)
  8. Thailand (0.2K tons)

Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia

Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Estonia shrank notably to 109 tons in 2022, waning by -53.7% on 2021. Over the period under review, exports showed a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 48%.

In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings shrank rapidly to $228K in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 63%. As a result, the exports reached the peak of $458K, and then fell sharply in the following year.

Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/A16.147.179.6122.4%
Poland15372.321457.1-28.0%
FinlandN/A23.181.755.354.7%
LithuaniaN/A59.511033.0-25.5%
IrelandN/A73.9N/AN/A0%
Czech RepublicN/A16.7N/AN/A0%
Others19919.35.12.5-76.8%
Total352281458228-13.5%

Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Estonia in 2022:

  1. Ukraine (38.2 tons)
  2. Poland (31.9 tons)
  3. Finland (31.1 tons)
  4. Lithuania (5.8 tons)

Source: IndexBox Market Intelligence Platform

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