Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK - 2024
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (CIF) - 2024
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (CIF) - 2024
In March 2024, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $8,714 per ton, rising by 138% against the previous month. Overall, the import price recorded a prominent increase. The growth pace was the most rapid in October 2023 when the average import price increased by 190% against the previous month. The import price peaked at $20,432 per ton in December 2023; however, from January 2024 to March 2024, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($15,707 per ton), while the price for Ireland ($1,685 per ton) was amongst the lowest.
From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $14,452 per ton in 2022, increasing by 26% against the previous year. Over the period under review, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 66%. The export price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($58,157 per ton), while the average price for exports to Ireland ($2,944 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 Japan (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK
In 2022, approx. 1.4K tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into the UK; with a decrease of -11.2% on 2021. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9%.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses declined remarkably to $4.3M in 2022. In general, imports faced a abrupt contraction. The smallest decline of -0.8% was in 2020.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.2 | 2.5 | 2.7 | 2.7 | 7.1% |
| Indonesia | 3.1 | 2.1 | 2.3 | 0.8 | -36.3% |
| Bulgaria | 0.6 | 0.9 | 0.3 | N/A | -29.3% |
| Others | 0.9 | 1.2 | 0.9 | 0.8 | -3.9% |
| Total | 6.8 | 6.8 | 6.1 | 4.3 | -14.2% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to the UK in 2022:
- China (1246.7 tons)
- Indonesia (74.4 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK
After two years of decline, overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses increased by 5.3% to 39 tons in 2022. In general, exports, however, saw a significant decrease.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses surged to $559K in 2022. Over the period under review, exports, however, continue to indicate a precipitous contraction.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.9 | 1.0 | 52.6 | 250 | 552.5% |
| United Arab Emirates | 25.8 | 11.4 | 10.7 | 68.6 | 38.5% |
| France | 24.6 | 23.9 | 53.5 | 57.5 | 32.7% |
| Japan | 33.3 | 30.6 | 53.9 | 41.7 | 7.8% |
| Ireland | 234 | 319 | 47.2 | 38.8 | -45.1% |
| Taiwan (Chinese) | 11.4 | 41.3 | 25.3 | 32.0 | 41.1% |
| Italy | 157 | 283 | 6.4 | 7.4 | -63.9% |
| Germany | 187 | 12.6 | 13.6 | 2.6 | -76.0% |
| Belgium | 52.7 | 1.1 | 34.0 | 1.4 | -70.2% |
| Bulgaria | 134 | 14.7 | N/A | N/A | -89.0% |
| Spain | 208 | 1.0 | N/A | N/A | -99.5% |
| Czech Republic | 347 | 284 | 1.6 | N/A | -93.2% |
| Turkey | 13.4 | 17.3 | N/A | N/A | 29.1% |
| Others | 219 | 115 | 122 | 58.7 | -35.5% |
| Total | 1,649 | 1,157 | 421 | 559 | -30.3% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from the UK in 2022:
- Ireland (13.2 tons)
- United Arab Emirates (9.0 tons)
- Netherlands (5.1 tons)
- France (5.0 tons)
- Japan (2.1 tons)
- Taiwan (Chinese) (1.2 tons)
- Italy (0.6 tons)
- Germany (0.2 tons)
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