Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam - 2022
Contents:
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (CIF) - 2022
- Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (FOB) - 2022
- Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam
- Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (CIF) - 2022
The average import price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings stood at $1,121 per ton in December 2022, declining by -6.1% against the previous month. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in April 2022 when the average import price increased by 5.3% month-to-month. The import price peaked at $1,403 per ton in July 2022; however, from August 2022 to December 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($1,503 per ton), while the price for Indonesia ($978 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was attained by South Korea (-0.3%), while the prices for the other major suppliers experienced a decline.
Price for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (FOB) - 2022
In December 2022, the average export price for synthetic staple fibres, not carded, combed or otherwise processed for spinnings amounted to $931 per ton, approximately reflecting the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2022 an increase of 4.4% month-to-month. The export price peaked at $1,048 per ton in June 2022; however, from July 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was Turkey ($1,034 per ton), while the average price for exports to South Korea ($671 per ton) was amongst the lowest.
From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam
After three years of growth, purchases abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -5% to 653K tons in 2022. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 5.2% against the previous year.
In value terms, imports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings expanded slightly to $836M in 2022. The total import value increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 132 | 125 | 180 | 180 | 10.9% |
Taiwan (Chinese) | 86.0 | 60.6 | 76.6 | 69.0 | -7.1% |
Thailand | 59.8 | 47.5 | 45.2 | 59.4 | -0.2% |
South Korea | 64.7 | 57.5 | 64.4 | 59.4 | -2.8% |
Indonesia | 23.8 | 17.4 | 22.2 | 30.5 | 8.6% |
Others | 393 | 336 | 417 | 437 | 3.6% |
Total | 759 | 644 | 806 | 836 | 3.3% |
Top Suppliers of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Vietnam in 2022:
- China (145.9K tons)
- Taiwan (Chinese) (55.6K tons)
- Thailand (49.2K tons)
- South Korea (38.7K tons)
- Indonesia (27.4K tons)
Exports of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam
After three years of growth, shipments abroad of synthetic staple fibres, not carded, combed or otherwise processed for spinnings decreased by -17.4% to 382K tons in 2022. Overall, exports recorded a mild slump. The pace of growth appeared the most rapid in 2020 with an increase of 9.2% against the previous year.
In value terms, exports of synthetic staple fibres, not carded, combed or otherwise processed for spinnings shrank to $379M in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $423M, and then dropped in the following year.
Export of Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Vietnam (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 38.5 | 50.2 | 68.6 | 51.4 | 10.1% |
United Kingdom | 17.1 | 18.2 | 20.3 | 20.8 | 6.7% |
Brazil | 26.4 | 14.6 | 15.0 | 16.9 | -13.8% |
Poland | 4.4 | 5.0 | 6.5 | 10.8 | 34.9% |
Turkey | 26.8 | 7.5 | 5.3 | 10.3 | -27.3% |
China | 15.1 | 15.0 | 17.7 | 8.5 | -17.4% |
Mexico | 11.6 | 11.0 | 9.7 | 8.4 | -10.2% |
Bulgaria | 2.4 | 3.8 | 5.7 | 6.6 | 40.1% |
Philippines | 1.6 | 2.1 | 2.4 | 3.7 | 32.2% |
Japan | 2.3 | 2.6 | 3.4 | 3.7 | 17.2% |
Estonia | 1.2 | 1.3 | 2.0 | 3.2 | 38.7% |
India | 4.1 | 2.5 | 3.0 | 3.2 | -7.9% |
South Korea | 2.8 | 3.3 | 3.0 | 2.7 | -1.2% |
Others | 225 | 220 | 260 | 229 | 0.6% |
Total | 380 | 357 | 423 | 379 | -0.1% |
Top Export Markets for Synthetic Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Vietnam in 2022:
- United States (56.7K tons)
- United Kingdom (20.9K tons)
- Brazil (16.7K tons)
- China (11.8K tons)
- Poland (9.4K tons)
- Turkey (9.0K tons)
- Mexico (8.5K tons)
- Bulgaria (6.7K tons)
- Japan (3.8K tons)
- South Korea (3.7K tons)
- Philippines (3.6K tons)
- Estonia (2.9K tons)
- India (2.9K tons)
This report provides an in-depth analysis of the aramids staple market in Vietnam.
This report provides an in-depth analysis of the synthetic filament tow market in Vietnam.
This report provides an in-depth analysis of the acrylic tow and staple market in Vietnam.
This report provides an in-depth analysis of the polyester tow and staple market in Vietnam.
This report provides an in-depth analysis of the market for polypropylene synthetic tow and staple in Vietnam.
This report provides an in-depth analysis of the market for polyester tow and staple, not carded, combed or otherwise processed for spinning in Vietnam.
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 Vietnam.
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 Vietnam.
This report provides an in-depth analysis of the global aramids staple market.
This report provides an in-depth analysis of the global synthetic filament tow market.
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.
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...
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...