Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the UK - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the UK (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the UK (FOB) - 2023
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in the UK (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $14,173 per ton, falling by -11.9% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 20% against the previous year. As a result, import price reached the peak level of $16,240 per ton. From 2021 to 2022, the average 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 Austria ($20,672 per ton), while the price for Poland ($5,033 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.9%), 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 the UK (FOB) - 2023
In November 2023, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $16,442 per ton, with an increase of 17% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 22% against the previous month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($40,902 per ton), while the average price for exports to the United States ($1,900 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK
In 2022, approx. 3.2K tons of wadding; other articles thereof, of man-made fibreses were imported into the UK; picking up by 8.8% on 2021. The total import volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of 3.4K 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 declined slightly to $45M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 48%. As a result, imports attained the peak of $56M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 20.9 | 27.3 | 26.4 | 25.5 | 6.9% |
| Hungary | 6.9 | 15.1 | 7.6 | 8.5 | 7.2% |
| China | 1.9 | 2.6 | 3.7 | 3.6 | 23.7% |
| India | 0.2 | 0.1 | 1.1 | 1.0 | 71.0% |
| Lebanon | 1.1 | 1.3 | 1.4 | 1.0 | -3.1% |
| Italy | 0.4 | 0.7 | 0.5 | 0.7 | 20.5% |
| Poland | N/A | 0.1 | 0.5 | 0.7 | 164.6% |
| Germany | 2.8 | 2.9 | 1.4 | 0.3 | -52.5% |
| Others | 3.5 | 5.7 | 4.4 | 3.7 | 1.9% |
| Total | 37.6 | 55.8 | 47.0 | 45.0 | 6.2% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to the UK in 2022:
- Austria (1231.6 tons)
- Hungary (688.1 tons)
- China (535.0 tons)
- India (169.8 tons)
- Poland (137.8 tons)
- Italy (89.4 tons)
- Lebanon (73.8 tons)
- Germany (35.9 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK
Exports of wadding; other articles thereof, of man-made fibreses from the UK soared to 2.1K tons in 2022, growing by 20% against the year before. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 24%. As a result, the exports attained the peak of 3.2K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wadding; other articles thereof, of man-made fibreses dropped to $23M in 2022. The total export value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 31% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 11.1 | 15.9 | 14.0 | 14.9 | 10.3% |
| Finland | 1.3 | 1.2 | 1.1 | 1.5 | 4.9% |
| Ireland | 1.3 | 1.8 | 0.9 | 1.2 | -2.6% |
| Italy | 0.7 | 0.1 | 1.2 | 1.1 | 16.3% |
| Germany | 1.4 | 1.4 | 1.5 | 0.9 | -13.7% |
| Spain | 0.4 | 0.3 | 0.8 | 0.8 | 26.0% |
| United States | 0.7 | 0.5 | 0.9 | 0.4 | -17.0% |
| Czech Republic | 1.7 | 3.6 | 0.1 | 0.2 | -51.0% |
| Others | 2.0 | 2.5 | 2.3 | 1.6 | -7.2% |
| Total | 20.7 | 27.2 | 22.9 | 22.5 | 2.8% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from the UK in 2022:
- Netherlands (1493.9 tons)
- Finland (177.3 tons)
- Italy (89.9 tons)
- Ireland (89.1 tons)
- United States (47.4 tons)
- Spain (33.0 tons)
- Germany (19.4 tons)
- Czech Republic (13.8 tons)
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