Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK (CIF) - 2024
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,546 per ton in March 2024, increasing by 4.1% 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 September 2023 an increase of 8.3% against the previous month. The import price peaked at $1,627 per ton in April 2023; however, from May 2023 to March 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($3,477 per ton), while the price for Vietnam ($1,127 per ton) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Thailand (+2.9%), 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 the UK (FOB) - 2022
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $7,486 per ton in 2022, surging by 21% against the previous year. Overall, the export price posted a strong increase. The growth pace was the most rapid in 2021 when the average export price increased by 195%. The export price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($8,367 per ton), while the average price for exports to Ireland ($1,927 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 Spain (+15.8%), 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 the UK
In 2022, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings into the UK declined to 260K tons, which is down by -7% against 2021 figures. Overall, imports saw a pronounced contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 11% against the previous year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings reached $465M in 2022. The total import value increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 33%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 36.5 | 27.3 | 32.8 | 40.4 | 3.4% |
| Vietnam | 18.7 | 18.7 | 24.4 | 28.3 | 14.8% |
| Taiwan (Chinese) | 23.6 | 14.8 | 20.7 | 26.8 | 4.3% |
| Belgium | 11.2 | 10.3 | 31.9 | 19.6 | 20.5% |
| China | 19.9 | 11.9 | 12.7 | 19.5 | -0.7% |
| Indonesia | 16.1 | 11.2 | 13.5 | 18.1 | 4.0% |
| Ireland | 31.0 | 27.0 | 14.0 | 10.9 | -29.4% |
| Others | 274 | 225 | 312 | 302 | 3.3% |
| Total | 431 | 346 | 462 | 465 | 2.6% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to the UK in 2022:
- South Korea (28.0K tons)
- Vietnam (22.4K tons)
- Taiwan (Chinese) (17.2K tons)
- Indonesia (14.3K tons)
- Belgium (9.4K tons)
- China (7.4K tons)
- Ireland (6.3K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK
For the third consecutive year, the UK recorded decline in shipments abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings, which decreased by -25.4% to 9.7K tons in 2022. Overall, exports saw a dramatic setback. The smallest decline of -11% was in 2020.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings dropped to $73M in 2022. In general, exports showed a abrupt decline.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.0 | 6.2 | 9.1 | 6.0 | -9.1% |
| China | 1.6 | 1.8 | 2.9 | 4.4 | 40.1% |
| United States | 1.6 | 0.7 | 2.2 | 4.0 | 35.7% |
| Germany | 11.4 | 8.8 | 6.0 | 3.4 | -33.2% |
| France | 5.2 | 3.4 | 1.7 | 2.5 | -21.7% |
| Lithuania | 1.0 | 0.7 | 2.4 | 1.7 | 19.3% |
| Turkey | 0.8 | 1.5 | 0.6 | 1.6 | 26.0% |
| Ireland | 2.5 | 1.7 | 1.2 | 1.5 | -15.7% |
| Netherlands | 1.5 | 1.4 | 1.8 | 1.4 | -2.3% |
| India | 0.4 | 0.2 | 0.4 | 1.1 | 40.1% |
| Belgium | 2.7 | 2.0 | 1.3 | 1.1 | -25.9% |
| Brazil | 0.4 | 0.5 | 0.7 | 1.0 | 35.7% |
| Switzerland | 3.0 | 3.1 | 0.7 | N/A | -51.7% |
| Others | 89.6 | 77.0 | 49.4 | 43.2 | -21.6% |
| Total | 130 | 109 | 80.5 | 72.7 | -17.6% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from the UK in 2022:
- Italy (2472.8 tons)
- Germany (818.9 tons)
- Ireland (773.2 tons)
- France (766.5 tons)
- Lithuania (673.6 tons)
- China (590.2 tons)
- United States (568.0 tons)
- Belgium (507.2 tons)
- Netherlands (333.5 tons)
- India (269.0 tons)
- Brazil (264.3 tons)
- Turkey (200.8 tons)
- Switzerland (9.0 tons)
348
This report provides an in-depth analysis of the aramids staple market in the UK.
568
This report provides an in-depth analysis of the synthetic filament tow market in the UK.
355
This report provides an in-depth analysis of the acrylic staple market in the UK.
344
This report provides an in-depth analysis of the polyester staple market in the UK.
300
This report provides an in-depth analysis of the polypropylene synthetic staple market in the UK.
133
This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning in the UK.
236
This report provides an in-depth analysis of the market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning in the UK.
183
This report provides an in-depth analysis of the market for other synthetic tow and staple not carded, combed or otherwise processed for spinning in the UK.
540
This report provides an in-depth analysis of the global aramids staple market.
1264
This report provides an in-depth analysis of the global synthetic filament tow market.
415
In January 2023, the synthetic filament tow price stood at $1,754 per ton (CIF, United Kingdom), rising by 3.6% against the previous month.
215
Discover the top 10 import markets for synthetic filament tow based on import value data from IndexBox platform. Learn about the key countries driving the demand for this essential material.
1270
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
1276
In 2016, approx. X tons of synthetic filament tow were imported worldwide- descending by -X% against the previous year level. In general, synthetic filament tow imports continue to indicate a m...
