Price for Tents of Synthetic Fibres in the UK - 2023
Contents:
- Price for Tents of Synthetic Fibres in the UK (CIF) - 2022
- Price for Tents of Synthetic Fibres in the UK (FOB) - 2022
- Imports of Tents of Synthetic Fibres in the UK
- Exports of Tents of Synthetic Fibres in the UK
Price for Tents of Synthetic Fibres in the UK (CIF) - 2022
In 2022, the average tents of synthetic fibres import price amounted to $6,696 per ton, increasing by 24% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $7,269 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($22,924 per ton), while the price for Cambodia ($4,799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in the UK (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $12,948 per ton, shrinking by -22.9% against the previous year. In general, the export price, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $16,799 per ton in 2021, and then fell rapidly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($42,519 per ton), while the average price for exports to Saudi Arabia ($7,612 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 Ghana (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tents of Synthetic Fibres in the UK
In 2022, tents of synthetic fibres imports into the UK dropped slightly to 22K tons, reducing by -2.7% compared with 2021 figures. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.2% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 59%. As a result, imports reached the peak of 23K tons, and then dropped in the following year.
In value terms, tents of synthetic fibres imports soared to $147M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Tents of Synthetic Fibres in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 61.3 | 50.9 | 89.1 | 107 | 20.4% |
| Bangladesh | 7.4 | 5.0 | 4.8 | 13.8 | 23.1% |
| Poland | 0.3 | 0.5 | 0.1 | 10.1 | 222.9% |
| Cambodia | 0.9 | 0.6 | 0.6 | 2.4 | 38.7% |
| Netherlands | 7.1 | 7.1 | 5.3 | 0.9 | -49.8% |
| Others | 23.2 | 25.9 | 22.4 | 12.8 | -18.0% |
| Total | 100 | 90.0 | 122 | 147 | 13.7% |
Top Suppliers of Tents of Synthetic Fibres to the UK in 2022:
- Netherlands (undefinedK tons)
- China (18.1K tons)
- Bangladesh (1.8K tons)
- Poland (0.8K tons)
- Cambodia (0.5K tons)
Exports of Tents of Synthetic Fibres in the UK
In 2022, shipments abroad of tents of synthetic fibreses increased by 67% to 1.2K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt shrinkage.
In value terms, tents of synthetic fibres exports soared to $16M in 2022. Over the period under review, exports, however, saw a noticeable contraction.
| Export of Tents of Synthetic Fibres in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 3,394 | 3,658 | 2,823 | 2,297 | -12.2% |
| Netherlands | 2,685 | 1,966 | 1,182 | 2,205 | -6.4% |
| Germany | 2,946 | 2,932 | 1,210 | 1,372 | -22.5% |
| Ghana | N/A | N/A | 5.6 | 1,231 | 21882.1% |
| United States | 260 | 454 | 746 | 976 | 55.4% |
| France | 1,068 | 985 | 725 | 921 | -4.8% |
| Japan | 282 | 1,758 | 1,591 | 862 | 45.1% |
| Saudi Arabia | 46.4 | N/A | 3.9 | 762 | 154.2% |
| Canada | 40.9 | 153 | 43.3 | 504 | 131.0% |
| Czech Republic | 470 | 451 | 423 | 489 | 1.3% |
| Greece | 31.3 | 51.0 | 28.7 | 472 | 147.1% |
| Poland | 567 | 400 | 418 | 342 | -15.5% |
| Spain | 481 | 363 | 91.0 | 181 | -27.8% |
| Others | 5,540 | 3,904 | 3,081 | 3,274 | -16.1% |
| Total | 17,810 | 17,075 | 12,371 | 15,886 | -3.7% |
Top Export Markets for Tents of Synthetic Fibres from the UK in 2022:
- Ireland (289.9 tons)
- Netherlands (199.3 tons)
- France (109.6 tons)
- Saudi Arabia (100.0 tons)
- Germany (84.0 tons)
- United States (69.5 tons)
- Czech Republic (59.4 tons)
- Ghana (53.6 tons)
- Greece (26.0 tons)
- Poland (23.6 tons)
- Japan (20.3 tons)
- Canada (20.2 tons)
- Spain (18.7 tons)
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