Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway (CIF) - 2022
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $2,217 per ton in 2022, growing by 21% against the previous year. Over the period under review, the import price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 97% against the previous year. As a result, import price reached the peak level of $3,656 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,027 per ton), while the price for Vietnam ($1,612 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), 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 Norway (FOB) - 2022
In 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $2,121 per ton, with a decrease of -46.8% against the previous year. Overall, the export price, however, continues to indicate noticeable growth. The pace of growth was the most pronounced in 2013 an increase of 255% against the previous year. Over the period under review, the average export prices hit record highs at $6,809 per ton in 2020; however, from 2021 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 Germany ($6,000 per ton), while the average price for exports to Estonia ($699 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 Finland (+22.2%), 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 Norway
In 2022, overseas purchases of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -9.6% to 6.7K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 118% against the previous year. As a result, imports attained the peak of 7.4K tons, and then shrank in the following year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings expanded remarkably to $15M in 2022. The total import value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 2,410 | 1,466 | 1,904 | 1,949 | -6.8% |
| Belgium | 413 | 211 | 915 | 1,754 | 61.9% |
| China | 290 | 1,438 | 1,238 | 1,132 | 57.5% |
| Denmark | 17.7 | 513 | 609 | 1,048 | 289.8% |
| Vietnam | 248 | 387 | 490 | 378 | 15.1% |
| Ireland | 141 | 101 | 429 | 377 | 38.8% |
| Taiwan (Chinese) | 324 | 195 | 147 | 282 | -4.5% |
| Czech Republic | 883 | 364 | 467 | 90.5 | -53.2% |
| Others | 5,872 | 6,222 | 7,462 | 7,922 | 10.5% |
| Total | 10,599 | 10,897 | 13,661 | 14,933 | 12.1% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Norway in 2022:
- South Korea (992.4 tons)
- China (676.5 tons)
- Belgium (625.0 tons)
- Denmark (345.7 tons)
- Vietnam (234.7 tons)
- Ireland (207.4 tons)
- Taiwan (Chinese) (144.3 tons)
- Czech Republic (33.0 tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway
Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Norway fell notably to 566 kg in 2022, dropping by -89.7% against the year before. Overall, exports saw a precipitous decline. The smallest decline of -36.4% was in 2020.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings reduced sharply to $1.2K in 2022. In general, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2020 with an increase of 7.2%. As a result, the exports reached the peak of $278K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 1.6 | N/A | N/A | 0.4 | -37.0% |
| Estonia | N/A | N/A | N/A | 0.1 | 0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | 16.2 | N/A | N/A | N/A | 0% |
| Latvia | 19.8 | 16.5 | N/A | N/A | -16.7% |
| Sweden | 85.3 | 59.1 | 6.4 | N/A | -72.6% |
| India | N/A | 63.2 | N/A | N/A | 0% |
| Denmark | 6.7 | N/A | N/A | N/A | 0% |
| Others | 130 | 139 | 15.6 | 0.6 | -83.4% |
| Total | 259 | 278 | 22.0 | 1.2 | -83.3% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Norway in 2022:
- Estonia (153.0 kg)
- Lithuania (110.0 kg)
- Germany (20.0 kg)
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