Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (FOB) - 2024
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (CIF) - 2024
In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,606 per ton, increasing by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in April 2023 an increase of 19% against the previous month. The import price peaked in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($4,281 per ton), while the price for Nigeria ($945 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Belgium (+1.7%), 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 Lithuania (FOB) - 2024
In March 2024, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,429 per ton, falling by -8.9% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 an increase of 19% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,804 per ton in April 2023; however, from May 2023 to March 2024, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In March 2024, the country with the highest price was Kazakhstan ($3,030 per ton), while the average price for exports to Italy ($954 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 Estonia (+3.8%), 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 Lithuania
In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Lithuania totaled 21K tons, rising by 4.7% compared with 2021. Overall, imports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings soared to $38M in 2022. In general, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.5 | 4.7 | 6.4 | 9.7 | 168.7% |
| South Korea | 6.8 | 2.9 | 5.3 | 4.7 | -11.6% |
| Belgium | 2.8 | 2.1 | 2.7 | 3.8 | 10.7% |
| Nigeria | N/A | N/A | 0.4 | 2.7 | 575.0% |
| Uzbekistan | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| Japan | 2.1 | 1.8 | 1.7 | 1.8 | -5.0% |
| Taiwan (Chinese) | 0.9 | 0.6 | 1.2 | 1.6 | 21.1% |
| United Kingdom | 2.0 | 1.9 | 1.9 | 1.5 | -9.1% |
| Poland | 1.1 | 0.9 | 1.5 | 1.4 | 8.4% |
| Belarus | 0.3 | 1.9 | 1.1 | 1.3 | 63.0% |
| South Africa | N/A | N/A | 0.6 | 1.2 | 100.0% |
| Bulgaria | 0.4 | 0.4 | 1.0 | 1.2 | 44.2% |
| Russia | N/A | N/A | 1.1 | 0.7 | -36.4% |
| Others | 42.4 | 7.7 | 7.4 | 4.0 | -54.5% |
| Total | 59.2 | 24.9 | 32.5 | 38.0 | -13.7% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Lithuania in 2022:
- China (5.8K tons)
- South Korea (3.0K tons)
- Nigeria (2.1K tons)
- Uzbekistan (1.8K tons)
- Belgium (1.0K tons)
- Belarus (0.9K tons)
- Taiwan (Chinese) (0.9K tons)
- South Africa (0.9K tons)
- Poland (0.8K tons)
- United Kingdom (0.6K tons)
- Bulgaria (0.6K tons)
- Japan (0.5K tons)
- Russia (0.4K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania
Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Lithuania surged to 5K tons in 2022, picking up by 84% against 2021. Over the period under review, exports saw a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $8.2M in 2022. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 461 | 1,170 | 1,166 | 2,436 | 74.2% |
| Estonia | 477 | 377 | 1,187 | 1,665 | 51.7% |
| Czech Republic | 191 | 2.1 | 124 | 819 | 62.5% |
| Germany | 147 | 285 | 423 | 595 | 59.4% |
| Romania | 34.5 | 113 | 213 | 568 | 154.4% |
| Ukraine | 330 | 253 | 311 | 369 | 3.8% |
| Latvia | 44.7 | 114 | 56.2 | 211 | 67.7% |
| Finland | 118 | 95.8 | 160 | 190 | 17.2% |
| Italy | 66.6 | N/A | 70.3 | 158 | 33.4% |
| Bosnia and Herzegovina | N/A | 25.8 | 92.7 | 132 | 126.2% |
| Spain | 48.7 | 48.9 | N/A | 128 | 38.0% |
| Croatia | 109 | 189 | 169 | 118 | 2.7% |
| France | 93.4 | 36.3 | 86.7 | 62.3 | -12.6% |
| Others | 3,020 | 407 | 191 | 748 | -37.2% |
| Total | 5,140 | 3,117 | 4,251 | 8,199 | 16.8% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Lithuania in 2022:
- Poland (1472.0 tons)
- Estonia (1080.8 tons)
- Czech Republic (533.7 tons)
- Romania (395.5 tons)
- Germany (364.3 tons)
- Ukraine (198.1 tons)
- Latvia (140.3 tons)
- Finland (118.9 tons)
- Italy (94.6 tons)
- Spain (94.5 tons)
- Bosnia and Herzegovina (80.1 tons)
- Croatia (68.5 tons)
- France (42.9 tons)
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