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

Contents:

  1. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania (FOB) - 2022
  2. Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania (CIF) - 2024
  3. Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania
  4. Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania

Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania (FOB) - 2022

In 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,729 per ton, jumping by 24% against the previous year. In general, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Hungary ($2,225 per ton) and Slovenia ($2,012 per ton), while the average price for exports to Poland ($1,538 per ton) and Turkey ($1,546 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,849 per ton, surging by 23% against the previous month. Over the period from March 2023 to March 2024, it increased at an average monthly rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($2,288 per ton), while the price for Egypt ($957 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 China (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Romania shrank dramatically to 45K tons, which is down by -22.9% compared with 2021. Overall, exports showed a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 2.5% against the previous year.

In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings shrank to $77M in 2022. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year.

Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany24.020.123.024.10.1%
Czech Republic13.511.315.416.56.9%
Turkey11.18.05.57.6-11.9%
Italy11.79.99.77.0-15.7%
Belgium5.63.44.84.7-5.7%
France6.13.45.83.6-16.1%
Slovenia4.84.05.63.2-12.6%
Hungary1.71.31.92.513.7%
Spain0.91.41.92.234.7%
Netherlands0.30.71.41.881.7%
Poland0.40.71.11.451.8%
Others1074.54.92.8-70.3%
Total18768.980.977.4-25.5%

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

  1. Germany (13.4K tons)
  2. Czech Republic (9.8K tons)
  3. Turkey (4.9K tons)
  4. Italy (4.0K tons)
  5. Belgium (2.9K tons)
  6. France (2.0K tons)
  7. Slovenia (1.6K tons)
  8. Spain (1.3K tons)
  9. Netherlands (1.1K tons)
  10. Hungary (1.1K tons)
  11. Poland (0.9K tons)

Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania

In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Romania declined to 24K tons, with a decrease of -13.6% compared with the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 30%.

In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings declined to $51M in 2022. In general, imports faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 76%.

Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey2.61.14.811.865.6%
Bulgaria3.95.09.59.735.5%
South Korea7.55.65.95.5-9.8%
PeruN/AN/A0.54.9880.0%
India0.50.20.53.794.9%
Germany15.114.825.43.5-38.6%
Italy1.81.52.12.410.1%
Belgium1.61.93.12.07.7%
Thailand0.20.1N/A1.7104.1%
Vietnam0.40.20.51.244.2%
Denmark0.20.11.20.965.1%
Others38.71.73.23.6-54.7%
Total72.432.356.750.7-11.2%

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

  1. Bulgaria (6.7K tons)
  2. South Korea (3.9K tons)
  3. Turkey (3.8K tons)
  4. Peru (1.4K tons)
  5. India (1.2K tons)
  6. Germany (1.2K tons)
  7. Italy (0.9K tons)
  8. Belgium (0.9K tons)
  9. Vietnam (0.8K tons)
  10. Denmark (0.6K tons)
  11. Thailand (0.5K tons)

Source: IndexBox Market Intelligence Platform

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