Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland (FOB) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland (CIF) - 2022
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland (FOB) - 2024
In March 2024, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,723 per ton, waning by -2.2% against the previous month. Overall, the export price saw a slight descent. The most prominent rate of growth was recorded in February 2024 an increase of 2.9% m-o-m. The export price peaked at $2,114 per ton in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In March 2024, the country with the highest price was the United States ($2,489 per ton), while the average price for exports to Poland ($1,363 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 the UK (+0.0%), 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 Ireland (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $2,066 per ton in 2022, with an increase of 13% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum at $2,168 per ton in 2013; however, from 2014 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 the UK ($4,191 per ton), while the price for Poland ($1,474 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.3%), 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 Ireland
In 2022, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Ireland dropped significantly to 59K tons, with a decrease of -31.5% against 2021. Overall, exports faced a precipitous decrease. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings declined notably to $116M in 2022. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 31%.
Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 29.8 | 35.4 | 51.4 | 25.0 | -5.7% |
United States | 13.1 | 4.4 | 11.9 | 14.1 | 2.5% |
United Kingdom | 31.8 | 27.7 | 21.4 | 13.5 | -24.8% |
Netherlands | 7.6 | 7.9 | 9.3 | 11.0 | 13.1% |
France | 7.7 | 6.5 | 7.6 | 7.3 | -1.8% |
Belgium | 4.4 | 5.2 | 6.8 | 7.3 | 18.4% |
Italy | 15.3 | 11.6 | 11.4 | 6.1 | -26.4% |
Poland | 5.5 | 4.3 | 5.5 | 5.7 | 1.2% |
Switzerland | N/A | N/A | 3.4 | 4.7 | 38.2% |
Czech Republic | 0.2 | N/A | 3.0 | 4.0 | 171.4% |
Sweden | 1.4 | 1.3 | 2.5 | 4.0 | 41.9% |
Mexico | 0.2 | 1.5 | 2.2 | 3.1 | 149.3% |
Spain | 3.7 | 3.0 | 4.0 | 3.0 | -6.8% |
Others | 132 | 4.8 | 8.1 | 7.3 | -61.9% |
Total | 253 | 113 | 149 | 116 | -22.9% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Ireland in 2022:
- Germany (13.7K tons)
- United Kingdom (9.5K tons)
- United States (4.9K tons)
- Netherlands (4.5K tons)
- France (3.6K tons)
- Belgium (3.6K tons)
- Italy (3.5K tons)
- Poland (3.4K tons)
- Switzerland (2.1K tons)
- Sweden (2.0K tons)
- Czech Republic (1.6K tons)
- Spain (1.6K tons)
- Mexico (1.3K tons)
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Ireland soared to 4.9K tons, growing by 23% compared with 2021 figures. In general, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 23%.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings soared to $10M in 2022. Overall, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 49%.
Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 2,595 | 1,691 | 1,974 | 3,864 | 14.2% |
Japan | 192 | 534 | 1,232 | 1,623 | 103.7% |
China | 1,457 | 1,297 | 977 | 1,006 | -11.6% |
Indonesia | N/A | N/A | 381 | 804 | 111.0% |
South Korea | 550 | 251 | 796 | 775 | 12.1% |
Taiwan (Chinese) | 428 | 416 | 906 | 737 | 19.9% |
United Kingdom | 947 | 191 | 575 | 344 | -28.6% |
Belgium | N/A | N/A | 0.1 | 300 | 299900.0% |
Poland | 453 | 442 | 52.3 | 13.9 | -68.7% |
Others | 7,083 | 82.6 | 394 | 673 | -54.4% |
Total | 13,704 | 4,904 | 7,287 | 10,140 | -9.6% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Ireland in 2022:
- Vietnam (2482.4 tons)
- Indonesia (509.5 tons)
- Japan (501.8 tons)
- Taiwan (Chinese) (443.1 tons)
- South Korea (393.3 tons)
- China (253.8 tons)
- Belgium (83.4 tons)
- United Kingdom (82.0 tons)
- Poland (9.5 tons)
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