Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania - 2023

Contents:

1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (CIF) - 2023
2. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (FOB) - 2022
3. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania
4. Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (CIF) - 2023

In December 2023, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,038 per ton, growing by 17% against the previous month. Overall, import price indicated modest growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.8% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for artificial staple fibres, not carded, combed or otherwise processed for spinning increased by +16.8% against November 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 88% against the previous month. As a result, import price attained the peak level of $5,734 per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($3,826 per ton), while the price for Austria totaled $3,016 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania (FOB) - 2022

The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $6,623 per ton in 2022, surging by 46% against the previous year. Over the period under review, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2015 an increase of 340% against the previous year. The export price peaked at $21,959 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($11,852 per ton), while the average price for exports to the Netherlands ($2,996 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 Portugal (+28.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania

In 2022, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning into Lithuania fell modestly to 446 tons, dropping by -2.8% compared with the previous year. Over the period under review, imports saw a precipitous decrease.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning contracted dramatically to $1.6M in 2022. Overall, imports saw a sharp contraction. The smallest decline of -24.5% was in 2020.

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Lithuania in 2022:

1. Austria (285.0 tons)
2. Germany (69.6 tons)
3. Poland (38.1 tons)
4. United Kingdom (29.6 tons)
5. Latvia (12.5 tons)
6. Thailand (9.7 tons)

Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Lithuania

In 2022, overseas shipments of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -51.7% to 36 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of 75 tons, and then shrank remarkably in the following year.

In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped rapidly to $241K in 2022. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 148%. As a result, the exports reached the peak of $341K, and then declined markedly in the following year.

Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Lithuania in 2022:

1. Portugal (19.7 tons)
2. Bosnia and Herzegovina (11.5 tons)
3. Netherlands (5.2 tons)

Source: IndexBox Market Intelligence Platform