Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (CIF) - 2024
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,637 per ton in March 2024, falling by -10.6% against the previous month. In general, the import price recorded a perceptible downturn. The growth pace was the most rapid in July 2023 an increase of 22% m-o-m. Over the period under review, average import prices reached the maximum at $2,606 per ton in March 2023; however, from April 2023 to March 2024, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In March 2024, the country with the highest price was South Korea ($1,828 per ton), while the price for China ($1,244 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 Thailand (+5.4%), 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 Sweden (FOB) - 2022
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $9,823 per ton in 2022, rising by 36% against the previous year. Over the period under review, the export price saw a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 315% against the previous year. Over the period under review, the average export prices reached the maximum at $12,172 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($93,103 per ton), while the average price for exports to China ($2,000 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 Norway (+16.9%), 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 Sweden
In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into Sweden soared to 9.9K tons, picking up by 22% compared with the previous year. In general, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings skyrocketed to $23M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 54%.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 5.2 | 6.1 | 7.5 | 20.4% |
| Denmark | 1.3 | 0.7 | 3.1 | 3.2 | 35.0% |
| Ireland | 1.9 | 1.3 | 2.8 | 2.7 | 12.4% |
| Taiwan (Chinese) | 1.1 | 0.8 | 0.7 | 2.1 | 24.1% |
| South Korea | 1.1 | 0.8 | 1.6 | 1.6 | 13.3% |
| Czech Republic | 0.7 | 0.4 | 0.7 | 1.1 | 16.3% |
| Turkey | 0.5 | 0.2 | 0.6 | 0.9 | 21.6% |
| Belgium | 0.2 | 0.3 | 0.4 | 0.8 | 58.7% |
| Thailand | 1.3 | 0.5 | 0.9 | 0.7 | -18.6% |
| Others | 17.9 | 2.4 | 2.4 | 2.8 | -46.1% |
| Total | 30.4 | 12.6 | 19.4 | 23.5 | -8.2% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Sweden in 2022:
- Germany (2037.4 tons)
- Denmark (1419.5 tons)
- Taiwan (Chinese) (1243.9 tons)
- Ireland (1236.9 tons)
- South Korea (878.5 tons)
- Czech Republic (600.3 tons)
- Turkey (510.8 tons)
- Belgium (493.3 tons)
- Thailand (300.3 tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden
In 2022, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Sweden plummeted to 23 tons, with a decrease of -25.5% against the year before. Over the period under review, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 132% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $221K in 2022. In general, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 210%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | 64.4 | 66.7 | 3.6% |
| Finland | 27.7 | 32.7 | 43.9 | 55.7 | 26.2% |
| Norway | 11.6 | 26.2 | 55.6 | 35.6 | 45.3% |
| Switzerland | 0.3 | N/A | N/A | 33.6 | 382.0% |
| United States | 1.1 | 3.6 | 19.6 | 17.5 | 151.5% |
| Latvia | 3.8 | 5.3 | 4.2 | 6.8 | 21.4% |
| Spain | 1.4 | 1.8 | 29.0 | N/A | 355.1% |
| Others | 51.8 | 1.1 | 2.4 | 5.4 | -52.9% |
| Total | 97.7 | 70.7 | 219 | 221 | 31.3% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Sweden in 2022:
- Switzerland (12.1 tons)
- Finland (7.8 tons)
- Norway (4.5 tons)
- United States (2.0 tons)
- Latvia (1.7 tons)
- United Kingdom (0.7 tons)
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