Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine - 2023

Contents:

  1. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (FOB) - 2022
  2. Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (CIF) - 2022
  3. Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine
  4. Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (FOB) - 2022

The average export price for synthetic staple fibres, carded, combed or otherwise processed for spinnings stood at $2,780 per ton in 2022, jumping by 49% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 62% against the previous year. As a result, the export price reached the peak level of $3,169 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Moldova.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +18.3% per year.

Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (CIF) - 2022

In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $1,016 per ton, with a decrease of -41.9% against the previous year. Overall, the import price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2013 when the average import price increased by 67%. Over the period under review, average import prices reached the peak figure at $2,370 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Belgium.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.0% per year.

Exports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine

After three years of growth, shipments abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings decreased by -36.1% to 29 tons in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 128% against the previous year. As a result, the exports attained the peak of 45 tons, and then dropped sharply in the following year.

In value terms, exports of synthetic staple fibres, carded, combed or otherwise processed for spinnings declined slightly to $79K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 94%. As a result, the exports reached the peak of $83K, and then contracted slightly in the following year.

Export of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova22.340.164.879.552.8%
ItalyN/A2.718.5N/A585.2%
OthersN/A0.20.1N/A-50.0%
Total22.343.083.479.552.8%

Top Export Markets for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning from Ukraine in 2022:

  1. Moldova (28.6 tons)

Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine

In 2022, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings into Ukraine declined to 42 tons, which is down by -15% compared with the previous year. In general, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 351% against the previous year.

In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings shrank markedly to $43K in 2022. Overall, imports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 233% against the previous year.

Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium70.8N/A21.042.4-15.7%
China26.519.129.7N/A5.9%
Turkey68.16.735.2N/A-28.1%
Others14.30.10.10.1-80.9%
Total18025.886.142.5-38.2%

Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Ukraine in 2022:

  1. Belgium (41.8 tons)

Source: IndexBox Market Intelligence Platform

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