Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland - 2024

Contents:

  1. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland (CIF) - 2024
  2. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland (FOB) - 2024
  3. Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland
  4. Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland (CIF) - 2024

In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,157 per ton, rising by 6.3% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 8.3% against the previous month. Over the period under review, average import prices hit record highs at $1,342 per ton in June 2023; however, from July 2023 to March 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Taiwan (Chinese) ($1,710 per ton), while the price for Nigeria ($930 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 Taiwan (Chinese) (+4.3%), 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 Poland (FOB) - 2024

In March 2024, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,488 per ton, picking up by 9.4% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the average export prices reached the maximum at $1,604 per ton in July 2023; however, from August 2023 to March 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In March 2024, the country with the highest price was the UK ($42,676 per ton), while the average price for exports to Serbia ($1,320 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 (+30.7%), 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 Poland

Imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Poland declined to 126K tons in 2022, waning by -10.6% on the year before. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 5.7%.

In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings rose modestly to $204M in 2022. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year.

Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea52.243.460.863.06.5%
China13.813.412.718.410.1%
Germany4.214.218.817.159.7%
Vietnam3.95.87.014.554.9%
Turkey2.26.814.014.286.2%
Belgium10.88.714.013.47.5%
Thailand14.011.910.38.9-14.0%
Taiwan (Chinese)12.25.37.76.6-18.5%
Ireland5.54.35.16.02.9%
Nigeria0.20.31.64.5182.3%
Italy1.41.91.94.244.2%
Egypt0.30.21.03.8133.1%
Indonesia1.72.04.63.729.6%
Others16927.937.725.9-46.5%
Total291146197204-11.2%

Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Poland in 2022:

  1. South Korea (43.1K tons)
  2. China (10.0K tons)
  3. Vietnam (9.4K tons)
  4. Turkey (9.0K tons)
  5. Germany (8.9K tons)
  6. Thailand (5.8K tons)
  7. Belgium (5.7K tons)
  8. Taiwan (Chinese) (4.4K tons)
  9. Ireland (3.6K tons)
  10. Nigeria (3.4K tons)
  11. Egypt (2.9K tons)
  12. Indonesia (2.7K tons)
  13. Italy (2.5K tons)

Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland

Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Poland skyrocketed to 19K tons in 2022, rising by 18% compared with the year before. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 27%.

In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings soared to $33M in 2022. Over the period under review, exports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 57%.

Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2.32.95.69.560.4%
Germany5.74.24.76.33.4%
Ukraine1.81.62.96.150.2%
Italy2.32.02.82.75.5%
Lithuania1.11.52.21.715.6%
Spain0.70.80.61.219.7%
Belarus0.90.51.51.03.6%
United Kingdom0.70.51.10.84.6%
Romania0.30.40.70.518.6%
Others19.31.52.83.5-43.4%
Total34.915.824.933.4-1.5%

Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Poland in 2022:

  1. Czech Republic (5.5K tons)
  2. Germany (4.0K tons)
  3. Ukraine (3.7K tons)
  4. Italy (1.5K tons)
  5. Lithuania (0.9K tons)
  6. Spain (0.8K tons)
  7. Belarus (0.5K tons)
  8. United Kingdom (0.5K tons)
  9. Romania (0.3K tons)

Source: IndexBox Market Intelligence Platform

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