Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria - 2022
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (FOB) - 2022
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (CIF) - 2022
- Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (FOB) - 2022
The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $1,270 per ton in 2022, growing by 19% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From 2012 to 2022, the rate of growth in terms of prices for Lebanon amounted to +6.0% per year.
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $2,670 per ton, dropping by -33.9% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 23% against the previous year. As a result, import price reached the peak level of $4,683 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($25,941 per ton), while the price for Spain ($399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria
For the fourth consecutive year, Algeria recorded growth in shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which increased by 7.8% to 736 tons in 2022. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings surged to $936K in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 747 | 739 | 729 | 936 | 7.8% |
| Others | N/A | N/A | 2.6 | N/A | 0% |
| Total | 747 | 739 | 732 | 936 | 7.8% |
Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Algeria in 2022:
- Tunisia (736.5 tons)
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria
In 2022, approx. 51 tons of synthetic staple fibres, carded, combed or otherwise processed for spinnings were imported into Algeria; declining by -35.6% against the previous year's figure. In general, imports showed a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings contracted dramatically to $136K in 2022. Overall, imports showed a sharp curtailment. The smallest decline of -1.2% was in 2021.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 117 | 81.6 | 93.9 | 44.4 | -27.6% |
| Egypt | 81.5 | 61.6 | 93.4 | 39.4 | -21.5% |
| Portugal | 31.5 | 25.3 | 31.7 | 12.4 | -26.7% |
| Belgium | N/A | 14.7 | 16.7 | 7.7 | -27.6% |
| Indonesia | 25.2 | 13.4 | 11.7 | 4.2 | -45.0% |
| Spain | 15.6 | 10.2 | 9.8 | 3.9 | -37.0% |
| Turkey | 21.8 | 9.3 | 4.5 | 3.6 | -45.1% |
| Thailand | 59.8 | N/A | N/A | N/A | 0% |
| Others | 75.1 | 108 | 58.9 | 20.9 | -34.7% |
| Total | 427 | 324 | 321 | 136 | -31.7% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Algeria in 2022:
- India (16.5 tons)
- Egypt (12.2 tons)
- Spain (9.7 tons)
- Portugal (4.2 tons)
- Belgium (3.8 tons)
- Turkey (2.8 tons)
- Indonesia (1.1 tons)
336
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This report provides an in-depth analysis of the synthetic staple fibre market in Algeria.
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579
In value terms, carded and combed synthetic staple fibers imports stood at $X in 2016. Overall, carded and combed synthetic staple fibers imports continue to indicate a mild shrinkage. Global carde...
1264
In value terms, synthetic staple fibers exports stood at $X in 2016. Overall, synthetic staple fibers exports continue to indicate a relatively flat trend pattern. Over the period under review, glo...
1180
In value terms, carded and combed synthetic staple fibers exports amounted to $X in 2016. Overall, it indicated a mild growth from 2007 to 2016: the total exports value decreased at an average annu...
