Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia - 2022
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (FOB) - 2022
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (CIF) - 2022
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (FOB) - 2022
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,141 per ton in 2022, increasing by 9.8% against the previous year. Overall, the export price, however, saw a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,554 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($1,509 per ton), while the average price for exports to Spain ($929 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 Japan (+0.4%), while the prices for the other major destinations experienced a decline.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,536 per ton in 2022, growing by 7.6% against the previous year. Over the period under review, the import price, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of 22%. Over the period under review, average import prices reached the maximum at $1,968 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Japan ($3,057 per ton), while the price for Vietnam ($1,150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-0.0%), while the prices for the other major suppliers experienced a decline.
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings exported from Indonesia declined to 432K tons, waning by -14.9% on 2021. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 when exports increased by 135% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings fell to $493M in 2022. Over the period under review, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 144% against the previous year.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 59.7 | 34.2 | 44.5 | 49.9 | -5.8% |
| Bangladesh | 39.7 | 23.6 | 46.1 | 38.7 | -0.8% |
| Pakistan | 26.1 | 39.5 | 40.4 | 29.0 | 3.6% |
| Vietnam | 23.2 | 17.8 | 23.7 | 28.0 | 6.5% |
| Japan | 14.5 | 14.4 | 13.0 | 14.6 | 0.2% |
| United Kingdom | 13.5 | 10.1 | 11.3 | 12.9 | -1.5% |
| Thailand | 10.5 | 5.7 | 7.0 | 8.8 | -5.7% |
| China | 22.8 | 15.8 | 11.3 | 7.8 | -30.1% |
| India | 13.9 | 10.3 | 10.9 | 6.5 | -22.4% |
| Belgium | 5.8 | 4.4 | 5.8 | 5.3 | -3.0% |
| Germany | 7.0 | 5.5 | 5.2 | 4.4 | -14.3% |
| Colombia | 1.3 | 2.4 | 3.1 | 4.1 | 46.6% |
| Spain | 7.8 | 5.9 | 5.0 | 4.0 | -20.0% |
| Others | 337 | 27.0 | 300 | 279 | -6.1% |
| Total | 583 | 217 | 528 | 493 | -5.4% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Indonesia in 2022:
- United States (42.1K tons)
- Bangladesh (34.1K tons)
- Pakistan (26.7K tons)
- Vietnam (25.9K tons)
- United Kingdom (13.3K tons)
- Japan (9.7K tons)
- China (7.8K tons)
- India (6.6K tons)
- Thailand (5.9K tons)
- Spain (4.3K tons)
- Belgium (4.2K tons)
- Germany (4.1K tons)
- Colombia (3.4K tons)
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia
In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Indonesia shrank to 316K tons, with a decrease of -6.1% on the previous year's figure. In general, imports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $485M in 2022. Overall, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 125 | 43.3 | 94.5 | 92.7 | -9.5% |
| Thailand | 52.5 | 38.8 | 55.0 | 57.2 | 2.9% |
| Japan | 40.8 | 32.6 | 38.8 | 35.1 | -4.9% |
| South Korea | 22.8 | 19.3 | 27.4 | 28.8 | 8.1% |
| Malaysia | 17.0 | 11.0 | 14.1 | 18.3 | 2.5% |
| India | 22.8 | 20.5 | 2.8 | 1.3 | -61.5% |
| Others | 299 | 178 | 247 | 251 | -5.7% |
| Total | 580 | 344 | 480 | 485 | -5.8% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Indonesia in 2022:
- China (72.3K tons)
- Thailand (37.6K tons)
- South Korea (18.9K tons)
- Malaysia (12.3K tons)
- Japan (11.5K tons)
- India (0.8K tons)
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