Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel (CIF) - 2024
In April 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,384 per ton, shrinking by -3.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 17% against the previous month. The import price peaked at $1,556 per ton in July 2023; however, from August 2023 to April 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Denmark ($2,047 per ton), while the price for Turkey ($1,249 per ton) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Italy (+2.8%), 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 Israel (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $2,011 per ton, reducing by -21.4% against the previous year. Overall, the export price showed a deep setback. The growth pace was the most rapid in 2019 an increase of 103%. Over the period under review, the average export prices reached the peak figure at $3,664 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($3,802 per ton), while the average price for exports to Italy ($1,314 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 Singapore (+41.5%), while the prices for the other major destinations experienced a decline.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel
After two years of decline, overseas purchases of synthetic staple fibres, not carded, combed or otherwise processed for spinnings increased by 12% to 141K tons in 2022. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $250M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.1 | 32.4 | 28.5 | 53.1 | -1.2% |
| Turkey | 0.2 | 8.4 | 20.9 | 22.3 | 381.3% |
| Taiwan (Chinese) | 22.4 | 12.4 | 14.3 | 12.1 | -18.6% |
| South Korea | 9.5 | 10.5 | 11.3 | 11.8 | 7.5% |
| Italy | 6.8 | 8.0 | 10.2 | 7.7 | 4.2% |
| India | 6.2 | 8.6 | 7.0 | 6.6 | 2.1% |
| Thailand | 0.9 | 3.0 | 2.1 | 3.3 | 54.2% |
| Others | 107 | 94.1 | 111 | 133 | 7.5% |
| Total | 208 | 177 | 205 | 250 | 6.3% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Israel in 2022:
- China (33.3K tons)
- Turkey (14.0K tons)
- Taiwan (Chinese) (5.2K tons)
- South Korea (5.0K tons)
- India (4.2K tons)
- Italy (3.4K tons)
- Thailand (2.1K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel
In 2022, shipments abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -85.6% to 452 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a significant decline. The pace of growth was the most pronounced in 2020 when exports increased by 33%.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings shrank markedly to $910K in 2022. Overall, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 79% against the previous year. As a result, the exports attained the peak of $8M, and then dropped sharply in the following year.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,669 | 2,125 | 3,354 | 168 | -53.5% |
| Vietnam | N/A | N/A | N/A | 126 | 0% |
| Singapore | 48.0 | N/A | N/A | 66.0 | 11.2% |
| Canada | N/A | N/A | 520 | 50.0 | -90.4% |
| Italy | N/A | N/A | 1.0 | 41.0 | 4000.0% |
| Netherlands | 169 | N/A | N/A | N/A | 0% |
| United Kingdom | 1,027 | N/A | N/A | N/A | 0% |
| Australia | 257 | 92.0 | 102 | N/A | -37.0% |
| Others | 3,172 | 2,273 | 4,045 | 459 | -47.5% |
| Total | 6,342 | 4,490 | 8,022 | 910 | -47.6% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Israel in 2022:
- United States (125.9 tons)
- Vietnam (33.1 tons)
- Italy (31.2 tons)
- Singapore (17.4 tons)
- Canada (15.6 tons)
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