Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India - 2023
Contents:
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (CIF) - 2023
- Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (FOB) - 2022
- Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India
- Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (CIF) - 2023
The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $987 per ton in November 2023, growing by 20% against the previous month. Over the period under review, import price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses increased by +20.2% against October 2023 indices. The growth pace was the most rapid in August 2023 when the average import price increased by 48% against the previous month. Over the period under review, average import prices reached the maximum at $1,258 per ton in June 2023; however, from July 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($991 per ton), while the price for South Africa ($202 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (FOB) - 2022
In 2022, the average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses amounted to $1,909 per ton, with an increase of 54% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 80%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,739 per ton), while the average price for exports to Ireland ($751 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 Slovenia (+52.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India
In 2022, the amount of waste (including noils, yarn waste and garnetted stock), of man-made fibreses imported into India surged to 15K tons, rising by 66% against the year before. Over the period under review, imports continue to indicate a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses surged to $14M in 2022. Overall, imports enjoyed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 1,086 | 1,353 | 2,964 | 4,705 | 63.0% |
| United States | 1,514 | 1,964 | 1,507 | 2,872 | 23.8% |
| Indonesia | 1,859 | 873 | 291 | 2,429 | 9.3% |
| Bangladesh | 893 | 810 | 1,143 | 1,159 | 9.1% |
| Mexico | 101 | N/A | 60.8 | 521 | 72.8% |
| United Kingdom | 756 | 474 | 565 | 453 | -15.7% |
| United Arab Emirates | 33.7 | 61.1 | N/A | 231 | 90.0% |
| Malaysia | 546 | 5.9 | 12.3 | 174 | -31.7% |
| South Africa | 270 | 82.0 | 66.7 | 52.5 | -42.1% |
| Others | 3,634 | 765 | 1,169 | 1,663 | -22.9% |
| Total | 10,694 | 6,388 | 7,779 | 14,260 | 10.1% |
Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to India in 2022:
- Thailand (3.3K tons)
- Bangladesh (3.0K tons)
- United States (2.7K tons)
- Indonesia (2.0K tons)
- Mexico (1.2K tons)
- United Arab Emirates (0.6K tons)
- South Africa (0.3K tons)
- Malaysia (0.3K tons)
- United Kingdom (0.1K tons)
Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India
In 2022, shipments abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses was finally on the rise to reach 4.3K tons after two years of decline. Over the period under review, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses skyrocketed to $8.1M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | N/A | 29.5 | 458 | 5,817 | 1304.2% |
| Netherlands | 18.7 | N/A | N/A | 1,352 | 316.6% |
| Ireland | 472 | 244 | 129 | 343 | -10.1% |
| United States | 3.5 | 0.2 | 22.6 | 217 | 295.8% |
| Poland | N/A | 49.6 | 117 | 49.8 | 0.2% |
| United Arab Emirates | 117 | 32.5 | 27.5 | 24.0 | -41.0% |
| Italy | 508 | 348 | 371 | 0.2 | -92.7% |
| South Korea | 763 | 124 | N/A | N/A | -83.7% |
| Ethiopia | 64.7 | 43.5 | N/A | N/A | -32.8% |
| Others | 554 | 167 | 290 | 326 | -16.2% |
| Total | 2,501 | 1,039 | 1,415 | 8,129 | 48.1% |
Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from India in 2022:
- Slovenia (3142.9 tons)
- Ireland (457.1 tons)
- Netherlands (361.6 tons)
- United States (124.9 tons)
- United Arab Emirates (28.4 tons)
- Poland (28.4 tons)
- Italy (0.2 tons)
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