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

Contents:

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

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

The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,734 per ton in 2022, rising by 6.8% against the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 124%. As a result, import price attained the peak level of $2,947 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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 Italy ($5,772 per ton), while the price for Romania ($1,237 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $2,414 per ton, picking up by 22% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average export price increased by 81%. As a result, the export price attained the peak level of $3,419 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($4,768 per ton), while the average price for exports to Italy ($812 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 Romania (+9.0%), 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 Greece

In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Greece soared to 8.7K tons, with an increase of 53% compared with 2021 figures. Over the period under review, imports, however, recorded a abrupt decrease.

In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings skyrocketed to $15M in 2022. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia6152662,3954,39392.6%
South Korea1,2221,3411,3172,64229.3%
IndiaN/A28.12092,632867.8%
Turkey54665385573110.2%
China35224016670125.8%
Italy901735876686-8.7%
Thailand752518548657-4.4%
AlgeriaN/AN/A100440340.0%
Romania3865134754253.3%
Ireland393287465344-4.3%
Indonesia41.917248425181.6%
Bulgaria409164557185-23.2%
Taiwan (Chinese)530197108132-37.1%
Others8,6871,126726935-52.4%
Total14,8356,2409,28015,1540.7%

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

  1. Saudi Arabia (2320.3 tons)
  2. India (1622.0 tons)
  3. South Korea (1618.5 tons)
  4. Thailand (438.7 tons)
  5. China (437.5 tons)
  6. Turkey (433.4 tons)
  7. Romania (343.4 tons)
  8. Algeria (285.6 tons)
  9. Ireland (197.1 tons)
  10. Indonesia (187.8 tons)
  11. Italy (118.8 tons)
  12. Bulgaria (105.7 tons)
  13. Taiwan (Chinese) (97.3 tons)

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

Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Greece fell markedly to 194 tons in 2022, which is down by -80.8% on the year before. In general, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 16%.

In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings shrank significantly to $468K in 2022. Overall, exports continue to indicate a dramatic setback. The growth pace was the most rapid in 2021 when exports increased by 39% against the previous year.

Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Albania76.010913312116.8%
United KingdomN/A65231.578.5-65.3%
Turkey94014333569.4-58.0%
Romania3.65.321.960.8156.6%
Serbia1.939.454.849.5196.4%
Cyprus48.636.340.046.5-1.5%
Bulgaria69.166.80.516.6-37.8%
Italy1,2753485954.1-85.2%
Hungary303N/AN/AN/A0%
United StatesN/AN/A717N/A0%
Others2,73029.161.722.2-79.9%
Total5,4481,4281,991468-55.9%

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

  1. Turkey (53.0 tons)
  2. United Kingdom (46.7 tons)
  3. Albania (38.6 tons)
  4. Cyprus (13.8 tons)
  5. Romania (12.8 tons)
  6. Serbia (12.5 tons)
  7. Bulgaria (6.1 tons)
  8. Italy (5.0 tons)

Source: IndexBox Market Intelligence Platform

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