Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (CIF) - 2022
  2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (FOB) - 2022
  3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria
  4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $9,615 per ton, dropping by -17.2% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +34.2% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 57% against the previous year. The import price peaked at $11,673 per ton in 2017; however, from 2018 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 Lithuania ($28,461 per ton), while the price for China ($2,052 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $11,806 per ton in 2022, rising by 65% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for wadding; other articles thereof, of man-made fibreses increased by +81.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +7.2% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria

In 2022, purchases abroad of wadding; other articles thereof, of man-made fibreses decreased by -53.8% to 141 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports saw a sharp setback. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, imports attained the peak of 510 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of wadding; other articles thereof, of man-made fibreses dropped remarkably to $1.4M in 2022. In general, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year. As a result, imports reached the peak of $3.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania18426734571156.9%
Turkey1,9692,9002,655357-43.4%
China517503156138-35.6%
France7.710.818.348.084.0%
Poland10.433.730838.154.2%
United States15.226.424.225.118.2%
Italy17.218.317.417.40.4%
Spain2.34.316.517.195.2%
Others4.24.84.34.30.8%
Total2,7283,7683,5451,355-20.8%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Algeria in 2022:

  1. China (67.4 tons)
  2. Turkey (31.8 tons)
  3. Lithuania (25.0 tons)
  4. United States (4.4 tons)
  5. Spain (3.5 tons)
  6. Italy (3.4 tons)
  7. France (2.9 tons)
  8. Poland (2.2 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria

In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses decreased by -38.7% to 12 tons, falling for the second consecutive year after two years of growth. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 681% against the previous year. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of wadding; other articles thereof, of man-made fibreses stood at $136K in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 524%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey21.313360.113685.5%
MoroccoN/AN/A72.2N/A0%
OthersN/AN/A2.1N/A0%
Total21.313313413685.5%

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Algeria in 2022:

  1. Turkey (11.5 tons)

Source: IndexBox Market Intelligence Platform

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