Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary - 2023

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary (CIF) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary (FOB) - 2022
3. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary
4. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $4,969 per ton in 2022, rising by 163% against the previous year. In general, the import price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 456%. The import price peaked at $5,997 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($5,786 per ton), while the price for Slovakia ($379 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+227.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $208 per ton in 2022, waning by -8.9% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2013 an increase of 412% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,264 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 -9.1% per year.

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary

In 2022, approx. 128 tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were imported into Hungary; dropping by -37% compared with the previous year. Over the period under review, imports recorded a precipitous slump. The smallest decline of -12.5% was in 2020.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $639K in 2022. In general, imports saw a pronounced setback.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Hungary in 2022:

1. Germany (106.2 tons)
2. Slovakia (19.4 tons)

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Hungary

For the third consecutive year, Hungary recorded growth in overseas shipments of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, which increased by 47% to 1.4K tons in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 219%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses surged to $289K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 185% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Hungary in 2022:

1. Turkey (1389.3 tons)

Source: IndexBox Market Intelligence Platform