Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (CIF) - 2024
In February 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,196 per ton, shrinking by -13.8% against the previous month. In general, the import price continues to indicate a mild slump. The growth pace was the most rapid in January 2024 an increase of 11% against the previous month. The import price peaked at $1,451 per ton in July 2023; however, from August 2023 to February 2024, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2024, the highest price was recorded for prices from Russia ($1,422 per ton) and Iran ($1,361 per ton), while the price for Uzbekistan ($997 per ton) and Belarus ($1,122 per ton) were amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Iran (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (FOB) - 2022
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $2,417 per ton in 2022, surging by 117% against the previous year. Overall, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 2,976%. As a result, the export price attained the peak level of $23,937 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($1,676 per ton), while the average price for exports to Uzbekistan ($1,166 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 Russia (-10.3%), 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 Kazakhstan
In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Kazakhstan soared to 11K tons, with an increase of 36% against the previous year's figure. In general, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 120%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings soared to $17M in 2022. Over the period under review, imports showed a remarkable increase. As a result, imports reached 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 Kazakhstan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 1.0 | 1.7 | 2.3 | 3.9 | 57.4% |
| Russia | 3.0 | 1.9 | 2.7 | 2.4 | -7.2% |
| China | 0.3 | 0.3 | 0.4 | 0.8 | 38.7% |
| Belarus | 0.3 | 0.1 | 0.1 | 0.4 | 10.1% |
| Iran | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Others | 5.6 | 4.3 | 6.0 | 8.9 | 16.7% |
| Total | 10.3 | 8.3 | 11.4 | 16.9 | 17.9% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Kazakhstan in 2022:
- Uzbekistan (3.2K tons)
- Russia (1.3K tons)
- China (0.5K tons)
- Iran (0.3K tons)
- Belarus (0.2K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan
In 2022, approx. 54 tons of synthetic staple fibres, not carded, combed or otherwise processed for spinnings were exported from Kazakhstan; increasing by 35% compared with the previous year. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 244%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $130K in 2022. Overall, exports, however, showed a dramatic decrease.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 0.4 | N/A | 19.3 | 41.6 | 370.3% |
| Russia | N/A | 20.5 | 0.7 | 19.2 | -3.2% |
| Uzbekistan | 4.4 | N/A | N/A | 4.0 | -3.1% |
| Tajikistan | N/A | N/A | 2.2 | N/A | 0% |
| Others | 330 | 20.5 | 22.2 | 64.8 | -41.9% |
| Total | 334 | 41.0 | 44.3 | 130 | -27.0% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Kazakhstan in 2022:
- Kyrgyzstan (24.8 tons)
- Russia (15.5 tons)
- Uzbekistan (3.4 tons)
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