Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain - 2023
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (CIF) - 2023
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (CIF) - 2023
In December 2023, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,337 per ton, almost unchanged from the previous month. Over the period under review, the import price, however, continues to indicate a mild curtailment. The growth pace was the most rapid in June 2023 when the average import price increased by 13% m-o-m. The import price peaked at $2,775 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($3,754 per ton), while the price for China ($1,706 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Italy (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (FOB) - 2022
The average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning stood at $6,069 per ton in 2022, rising by 13% against the previous year. In general, the export price saw slight growth. The pace of growth appeared the most rapid in 2021 an increase of 162%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($12,948 per ton), while the average price for exports to Portugal ($1,240 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 Argentina (+33.4%), 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 Spain
In 2022, approx. 43K tons of artificial staple fibres, not carded, combed or otherwise processed for spinning were imported into Spain; surging by 11% against 2021 figures. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $116M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +64.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 38.2 | 32.9 | 40.9 | 49.8 | 9.2% |
China | 9.9 | 9.9 | 12.8 | 22.6 | 31.7% |
Thailand | 4.3 | 5.2 | 8.5 | 17.4 | 59.4% |
United States | 0.5 | 0.5 | 7.1 | 11.3 | 182.7% |
United Kingdom | 10.0 | 11.7 | 8.0 | 5.1 | -20.1% |
Indonesia | 3.8 | 4.9 | 6.0 | 3.8 | 0.0% |
Germany | 2.9 | 2.6 | 3.9 | 2.8 | -1.2% |
Others | 3.6 | 3.0 | 7.6 | 3.3 | -2.9% |
Total | 73.1 | 70.7 | 94.8 | 116 | 16.6% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Spain in 2022:
- Austria (17.6K tons)
- China (9.4K tons)
- Thailand (7.3K tons)
- United States (3.1K tons)
- Indonesia (1.5K tons)
- United Kingdom (1.5K tons)
- Germany (1.0K tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain
In 2022, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Spain dropped rapidly to 262 tons, which is down by -32.8% on 2021. In general, exports continue to indicate a dramatic slump.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning reduced notably to $1.6M in 2022. Overall, exports faced a precipitous decline.
Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | 1,381 | 995 | 1,571 | 1,173 | -5.3% |
Morocco | 20.7 | 153 | 276 | 222 | 120.5% |
Sweden | N/A | 49.8 | 40.9 | 63.3 | 12.7% |
Argentina | 11.4 | 46.2 | 76.3 | 50.2 | 63.9% |
Algeria | 48.4 | 46.7 | N/A | 34.5 | -10.7% |
Portugal | 90.2 | 265 | 8.4 | 17.3 | -42.3% |
Netherlands | N/A | N/A | N/A | 16.5 | 0% |
United States | 9,102 | 6,013 | 33.0 | 0.5 | -96.2% |
Germany | 3,694 | 721 | 0.2 | N/A | -99.3% |
United Kingdom | 874 | 265 | N/A | N/A | -69.7% |
India | 340 | 58.7 | N/A | N/A | -82.7% |
Italy | 2,474 | 953 | 66.7 | N/A | -83.6% |
Turkey | 450 | 145 | N/A | N/A | -67.8% |
Others | 627 | 185 | 24.2 | 11.1 | -73.9% |
Total | 19,112 | 9,896 | 2,097 | 1,588 | -56.4% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Spain in 2022:
- Mexico (90.6 tons)
- Morocco (83.2 tons)
- Sweden (35.1 tons)
- Argentina (17.7 tons)
- Algeria (15.3 tons)
- Portugal (13.9 tons)
- Netherlands (5.2 tons)
- United States (0.3 tons)
This report provides an in-depth analysis of the market for artificial filament staple fibres in Spain.
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