Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine - 2024
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine (CIF) - 2024
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine (FOB) - 2024
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine (CIF) - 2024
In March 2024, the average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $1,522 per ton, falling by -12.4% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 15% m-o-m. As a result, import price attained the peak level of $1,986 per ton. From August 2023 to March 2024, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In March 2024, the countries with the highest prices were Vietnam ($1,647 per ton) and South Korea ($1,594 per ton), while the price for Turkey ($1,358 per ton) and Thailand ($1,478 per ton) were amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+1.9%), 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 Ukraine (FOB) - 2024
The average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,657 per ton in March 2024, leveling off at the previous month. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in February 2024 an increase of 35% month-to-month. The export price peaked at $3,720 per ton in March 2023; however, from April 2023 to March 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In March 2024, the country with the highest price was Lithuania ($3,938 per ton), while the average price for exports to Poland ($1,000 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 Italy (+4.6%), while the prices for the other major destinations experienced a decline.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine
In 2022, the amount of synthetic staple fibres, not carded, combed or otherwise processed for spinnings imported into Ukraine rose significantly to 24K tons, with an increase of 10% against the previous year's figure. The total import volume increased at an average annual rate of +7.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings surged to $51M in 2022. In general, imports enjoyed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 6.3 | 5.6 | 8.2 | 8.3 | 9.6% |
| Turkey | N/A | 0.1 | 0.4 | 5.5 | 641.6% |
| Japan | 1.4 | 0.9 | 1.0 | 3.0 | 28.9% |
| China | 1.6 | 1.8 | 1.6 | 2.7 | 19.1% |
| Thailand | 0.3 | 0.1 | 0.2 | 1.9 | 85.0% |
| Ireland | 0.5 | 1.0 | 1.3 | 1.0 | 26.0% |
| Belarus | 1.7 | 2.0 | 2.3 | 0.8 | -22.2% |
| Vietnam | 0.9 | 0.5 | 0.6 | 0.2 | -39.4% |
| Others | 17.2 | 16.1 | 19.8 | 27.7 | 17.2% |
| Total | 30.0 | 28.1 | 35.5 | 51.2 | 19.5% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Ukraine in 2022:
- South Korea (4.5K tons)
- Turkey (2.9K tons)
- China (0.9K tons)
- Japan (0.7K tons)
- Thailand (0.7K tons)
- Ireland (0.6K tons)
- Belarus (0.5K tons)
- Vietnam (0.1K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine
Exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings from Ukraine shrank significantly to 6.9K tons in 2022, waning by -81.1% on the year before. In general, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings reduced sharply to $9.9M in 2022. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2021 when exports increased by 45% against the previous year.
| Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ukraine (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.5 | 4.5 | 5.1 | 1.7 | -27.7% |
| Slovenia | 0.6 | 0.5 | 0.8 | 0.9 | 14.5% |
| Belarus | 3.1 | 2.2 | 5.1 | 0.6 | -42.2% |
| Italy | 1.0 | 0.3 | 2.2 | 0.6 | -15.7% |
| Turkey | 1.8 | 1.5 | 1.3 | 0.2 | -51.9% |
| Bulgaria | 0.6 | 0.5 | 0.5 | 0.2 | -30.7% |
| Romania | N/A | N/A | 0.3 | 0.1 | -66.7% |
| Russia | 6.0 | 2.7 | 2.1 | 0.1 | -74.5% |
| Others | 20.6 | 13.1 | 19.3 | 5.5 | -35.6% |
| Total | 38.3 | 25.4 | 36.8 | 9.9 | -36.3% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Ukraine in 2022:
- Poland (1200.6 tons)
- Italy (567.8 tons)
- Slovenia (392.2 tons)
- Belarus (388.6 tons)
- Turkey (304.1 tons)
- Bulgaria (196.5 tons)
- Romania (145.6 tons)
- Russia (60.4 tons)
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