Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (FOB) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (CIF) - 2022
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (FOB) - 2024
In April 2024, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $6,262 per ton, therefore, remained relatively stable against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2024 an increase of 12% month-to-month. As a result, the export price attained the peak level of $6,693 per ton. From February 2024 to April 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In April 2024, the highest price was recorded for prices to Italy ($6,788 per ton) and China ($6,335 per ton), while the average price for exports to Japan ($5,464 per ton) and the United States ($6,001 per ton) were amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $3,312 per ton in 2022, growing by 9% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 116%. Over the period under review, average import prices attained the maximum at $5,952 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,916 per ton), while the price for Bulgaria ($1,733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.6%), 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 Switzerland
In 2022, after three years of growth, there was decline in shipments abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings, when their volume decreased by -4.3% to 12K tons. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 4,228%.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings rose modestly to $79M in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,728%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 10.1 | 13.0 | 12.7 | 12.1% |
| Austria | 0.1 | 4.1 | 4.1 | 5.0 | 268.4% |
| Germany | 0.4 | 4.1 | 3.9 | 4.1 | 117.2% |
| United States | N/A | 3.0 | 3.3 | 3.4 | 6.5% |
| Italy | 0.2 | 2.4 | 3.5 | 3.1 | 149.3% |
| Sweden | N/A | 3.0 | 2.5 | 2.7 | -5.1% |
| Finland | N/A | 1.7 | 1.9 | 2.5 | 21.3% |
| Australia | N/A | 1.5 | 1.2 | 1.1 | -14.4% |
| Japan | N/A | 1.0 | 1.1 | 1.0 | 0.0% |
| Others | 1.1 | 36.9 | 41.4 | 43.1 | 239.6% |
| Total | 1.8 | 67.7 | 75.9 | 78.8 | 252.4% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Switzerland in 2022:
- China (1.8K tons)
- Germany (0.8K tons)
- Austria (0.7K tons)
- United States (0.6K tons)
- Italy (0.4K tons)
- Finland (0.4K tons)
- Sweden (0.4K tons)
- Australia (0.2K tons)
- Japan (0.2K tons)
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland
In 2022, supplies from abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -10.5% to 13K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 78%.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings contracted to $43M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $45M, and then fell slightly in the following year.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 2.6 | 3.0 | 3.9 | 5.1 | 25.2% |
| Austria | 3.9 | 3.6 | 4.7 | 4.5 | 4.9% |
| Germany | 4.5 | 3.6 | 4.1 | 4.3 | -1.5% |
| Italy | 4.4 | 3.2 | 3.5 | 3.8 | -4.8% |
| Japan | 1.9 | 1.5 | 3.2 | 2.3 | 6.6% |
| Belgium | 0.4 | 0.3 | 0.8 | 0.4 | 0.0% |
| Bulgaria | N/A | 0.2 | 0.3 | 0.2 | 0.0% |
| Others | 23.2 | 19.4 | 24.0 | 22.9 | -0.4% |
| Total | 40.9 | 34.7 | 44.5 | 43.4 | 2.0% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Switzerland in 2022:
- Ireland (2.2K tons)
- Germany (1.5K tons)
- Austria (1.2K tons)
- Japan (0.6K tons)
- Italy (0.5K tons)
- Belgium (0.1K tons)
- Bulgaria (0.1K tons)
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