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

Contents:

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

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

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $1,809 per ton in 2022, with an increase of 14% against the previous year. In general, the export price, however, showed a mild descent. The growth pace was the most rapid in 2021 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs at $2,006 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Lithuania ($1,831 per ton) and Turkey ($1,826 per ton), while the average price for exports to Uzbekistan ($1,307 per ton) and Ukraine ($1,770 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+21.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $238 per ton in 2022, declining by -59.4% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36%. The import price peaked at $1,086 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($348 per ton), while the price for Kazakhstan ($216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (-3.6%), while the prices for the other major suppliers experienced a decline.

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

Exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses from Russia amounted to 1.7K tons in 2022, with an increase of 2.6% on the year before. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, the exports attained the peak of 2.1K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses soared to $3.2M in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 35%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Turkey (1573.2 tons)
2. Ukraine (81.5 tons)
3. Lithuania (37.7 tons)
4. Uzbekistan (35.0 tons)

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of waste (including noils, yarn waste and garnetted stock), of man-made fibreses, when their volume decreased by -97.1% to 83 tons. Over the period under review, imports faced a sharp slump. The pace of growth appeared the most rapid in 2020 when imports increased by 92% against the previous year.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses contracted significantly to $20K in 2022. Overall, imports continue to indicate a significant contraction. The growth pace was the most rapid in 2021 when imports increased by 73%. As a result, imports reached the peak of $1.7M, and then fell notably in the following year.

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

1. Kazakhstan (69.4 tons)
2. Turkey (10.0 tons)
3. Italy (4.0 tons)

Source: IndexBox Market Intelligence Platform