Price for Woven Fabrics of Artificial Staple Fibres in Italy - 2023
Contents:
- Price for Woven Fabrics of Artificial Staple Fibres in Italy (FOB) - 2022
- Price for Woven Fabrics of Artificial Staple Fibres in Italy (CIF) - 2023
- Exports of Woven Fabrics of Artificial Staple Fibres in Italy
- Imports of Woven Fabrics of Artificial Staple Fibres in Italy
Price for Woven Fabrics of Artificial Staple Fibres in Italy (FOB) - 2022
In 2022, the average export price for woven fabrics of artificial staple fibres amounted to $5.5 per square meter, with an increase of 30% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The export price peaked at $30 per square meter in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($14 per square meter), while the average price for exports to the Netherlands ($5 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-6.1%), while the prices for the other major destinations experienced a decline.
Price for Woven Fabrics of Artificial Staple Fibres in Italy (CIF) - 2023
The average import price for woven fabrics of artificial staple fibres stood at $1.7 per square meter in September 2023, rising by 24% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $2.2 per square meter in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Spain ($3.9 per square meter), while the price for China ($1.0 per square meter) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Woven Fabrics of Artificial Staple Fibres in Italy
After three years of growth, shipments abroad of woven fabrics of artificial staple fibres decreased by -15.6% to 40M square meters in 2022. Over the period under review, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 290%. The exports peaked at 48M square meters in 2021, and then contracted markedly in the following year.
In value terms, exports of woven fabrics of artificial staple fibres expanded significantly to $223M in 2022. In general, exports saw a noticeable shrinkage. The growth pace was the most rapid in 2021 when exports increased by 25% against the previous year. Over the period under review, the exports of reached the maximum at $239M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Woven Fabrics of Artificial Staple Fibres in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 23.5 | 16.3 | 21.0 | 31.7 | 10.5% |
| Spain | 34.0 | 18.6 | 27.4 | 26.1 | -8.4% |
| Tunisia | 9.7 | 8.5 | 12.5 | 17.3 | 21.3% |
| Germany | 17.3 | 15.0 | 13.7 | 16.3 | -2.0% |
| Turkey | 8.0 | 5.9 | 8.6 | 13.2 | 18.2% |
| Morocco | 9.9 | 9.2 | 19.6 | 13.2 | 10.1% |
| Portugal | 17.6 | 10.8 | 12.7 | 12.0 | -12.0% |
| United Kingdom | 16.9 | 10.6 | 11.4 | 11.2 | -12.8% |
| Bulgaria | 12.4 | 7.5 | 9.4 | 10.6 | -5.1% |
| United States | 7.5 | 4.8 | 7.5 | 8.4 | 3.8% |
| Romania | 11.9 | 8.6 | 7.7 | 8.2 | -11.7% |
| Poland | 8.6 | 4.5 | 6.0 | 6.2 | -10.3% |
| Netherlands | 3.0 | 2.7 | 2.7 | 3.0 | 0.0% |
| Others | 58.9 | 39.8 | 42.8 | 45.5 | -8.2% |
| Total | 239 | 163 | 203 | 223 | -2.3% |
Top Export Markets for Woven Fabrics of Artificial Staple Fibres from Italy in 2022:
- Spain (4.6M square meters)
- Tunisia (3.1M square meters)
- France (3.0M square meters)
- Germany (2.4M square meters)
- Morocco (2.3M square meters)
- Turkey (2.2M square meters)
- United Kingdom (2.1M square meters)
- United States (1.1M square meters)
- Romania (1.1M square meters)
- Portugal (1.0M square meters)
- Poland (1.0M square meters)
- Bulgaria (0.8M square meters)
- Netherlands (0.6M square meters)
Imports of Woven Fabrics of Artificial Staple Fibres in Italy
In 2022, after three years of growth, there was significant decline in supplies from abroad of woven fabrics of artificial staple fibres, when their volume decreased by -10.3% to 57M square meters. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 382%. Over the period under review, imports of reached the peak figure at 64M square meters in 2021, and then fell in the following year.
In value terms, imports of woven fabrics of artificial staple fibres skyrocketed to $109M in 2022. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Woven Fabrics of Artificial Staple Fibres in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 64.8 | 37.9 | 45.5 | 75.6 | 5.3% |
| Turkey | 6.1 | 5.0 | 6.1 | 9.6 | 16.3% |
| Austria | 2.2 | 2.0 | 2.4 | 5.5 | 35.7% |
| France | 4.6 | 2.4 | 4.7 | 3.2 | -11.4% |
| Germany | 5.7 | 3.0 | 3.7 | 3.0 | -19.3% |
| Spain | 5.1 | 4.6 | 5.8 | 2.6 | -20.1% |
| Belgium | 2.4 | 1.4 | 3.0 | 2.4 | 0.0% |
| Others | 6.7 | 6.3 | 8.6 | 7.2 | 2.4% |
| Total | 97.5 | 62.7 | 79.8 | 109 | 3.8% |
Top Suppliers of Woven Fabrics of Artificial Staple Fibres to Italy in 2022:
- China (46.3M square meters)
- Turkey (2.7M square meters)
- Austria (1.3M square meters)
- France (1.1M square meters)
- Germany (0.9M square meters)
- Belgium (0.9M square meters)
- Spain (0.4M square meters)
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